The DOI matches its Crossref record.
Rational Cooperation in the Finitely Repeated Prisoner's Dilemma: Experimental Evidence
Abstract
This paper presents experiments designed to examine the sequential equilibrium reputation hypothesis in the finitely repeated prisoner's dilemma. The authors test the hypothesis by controlling the subjects' ability to build reputations and by manipulating their beliefs that their opponent is irrational or altruistic. The responses of subjects strongly support the sequential equilibrium prediction. The results also suggest an important role for 'homemade altruism,' that is, a natural tendency to cooperate that subjects bring to the experiment from the outside. The authors find that there may be no difference between the beliefs that an opponent is altruistic and the actual chance it is so. Copyright 1993 by Royal Economic Society.
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Citations
Cited by
Fehr, E., & Fischbacher, U. (2003) · Nature · doi:10.1038/nature02043 · Cited by 3,475
What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World?
Levitt, S. D., & List, J. A. (2007) · Journal of Economic Perspectives · doi:10.1257/jep.21.2.153 · Cited by 2,668
A neural basis for social cooperation
Rilling, J. K., Gutman, D. A., Zeh, T. R., Pagnoni, G., Berns, G. S., & Kilts, C. D. (2002) · Neuron · doi:10.1016/s0896-6273(02)00755-9 · Cited by 1,451
2. Public Goods: A Survey of Experimental Research
Ledyard, J. O. (1995) · The Handbook of Experimental Economics · doi:10.1515/9780691213255-004 · Cited by 1,033
Mechanisms of Social Cognition
Frith, C. D., & Frith, U. (2012) · Annual Review of Psychology · doi:10.1146/annurev-psych-120710-100449 · Cited by 973
Metadata
- Authors
- Andreoni, J., & Miller, J. H.
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 1993-05
- Volume
- 103
- Issue
- 418
- Pages
- 570
- ISSN
- 0013-0133 (ISSN-L)
- OpenAlex
- W2030150779
- Cited by
- 704
- References
- 0
- FWCI
- 17.24
- Type
- journal article
- Language
- en
- Open access
- closed
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