The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Cooperation under the Shadow of the Future: Experimental Evidence from Infinitely Repeated Games
Abstract
While there is an extensive literature on the theory of infinitely repeated games, empirical evidence on how “the shadow of the future” affects behavior is scarce and inconclusive. I simulate infinitely repeated prisoner's dilemma games in the lab with a random continuation rule. The experimental design represents an improvement over the existing literature by including sessions with finite repeated games as controls and a large number of players per session (which allows for learning without contagion effects). I find that the shadow of the future matters not only by significantly reducing opportunistic behavior, but also because its impact closely follows theoretical predictions.
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Citations
Cites
Cooperation and Punishment in Public Goods Experiments
Fehr, E., & Gächter, S. (2000) · American Economic Review · doi:10.1257/aer.90.4.980 · Cited by 4,547
Rational cooperation in the finitely repeated prisoners' dilemma
Kreps, D. M., Milgrom, P., Roberts, J., & Wilson, R. (1982) · Journal of Economic Theory · doi:10.1016/0022-0531(82)90029-1 · Cited by 2,494
Cited by
Rand, D. G., & Nowak, M. A. (2013) · Trends in Cognitive Sciences · doi:10.1016/j.tics.2013.06.003 · Cited by 1,308
Positive Interactions Promote Public Cooperation
Rand, D. G., Dreber, A., Ellingsen, T., Fudenberg, D., & Nowak, M. A. (2009) · Science · doi:10.1126/science.1177418 · Cited by 715
Dreber, A., Rand, D. G., Fudenberg, D., & Nowak, M. A. (2008) · Nature · doi:10.1038/nature06723 · Cited by 718
Dynamic social networks promote cooperation in experiments with humans
Rand, D. G., Arbesman, S., & Christakis, N. A. (2011) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.1108243108 · Cited by 653
Relational Contracts and Organizational Capabilities
Gibbons, R., & Henderson, R. (2012) · Organization Science · doi:10.1287/orsc.1110.0715 · Cited by 537
Metadata
- Authors
- Bó, P. D.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2005-11-01
- Volume
- 95
- Issue
- 5
- Pages
- 1591-1604
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W3123335860
- Cited by
- 618
- References
- 2
- FWCI
- 29.58
- Type
- journal article
- Language
- en
- Open access
- closed
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