Does monitoring past conduct facilitate intertemporal cooperation? We designed an experiment characterized by strategic … anonymously in a group, could pay a cost either to obtain information about their counterparts, or to create a freely available … attain higher levels of cooperation compared to a treatment without monitoring. Information about past conduct alone thus …

Social norms of cooperation are studied under several forms of communication. In an experiment, strangers could make …

We present experimental results on a repeated coordination game with Pareto-ranked equilibria in which a payoff from … different information treatments. Our results show that convergence to the payoff-dominant equilibrium is the modal limit … outcome when players have full information about others' previous round choices, while this outcome never occurs in the …

and uncover a new behavioral foundation for the use of monetary systems. In an experiment, anonymous subjects could … coordination on intertemporal cooperation in ways that networks of strangers were unable to achieve through social norms. …