Revealed reputations in the finitely repeated prisoners' dilemma

Verfasser / Beitragende:
[Caleb Cox, Matthew Jones, Kevin Pflum, Paul Healy]
Ort, Verlag, Jahr:
2015
Enthalten in:
Economic Theory, 58/3(2015-04-01), 441-484
Format:
Artikel (online)
ID: 605475652
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024 7 0 |a 10.1007/s00199-015-0863-1  |2 doi 
035 |a (NATIONALLICENCE)springer-10.1007/s00199-015-0863-1 
245 0 0 |a Revealed reputations in the finitely repeated prisoners' dilemma  |h [Elektronische Daten]  |c [Caleb Cox, Matthew Jones, Kevin Pflum, Paul Healy] 
520 3 |a In a sequential-move, finitely repeated prisoners' dilemma game (FRPD), cooperation can be sustained if the first-mover believes her opponent might be a behavioral type who plays a tit-for-tat strategy in every period. We test this theory by revealing second-mover histories from an earlier FRPD experiment to their current opponent. Despite eliminating the possibility of reputation-building, aggregate cooperation actually increases when histories are revealed. Cooperative histories lead to increased trust, but negative histories do not cause decreased trust. We develop a behavioral model to explain these findings. 
540 |a Springer-Verlag Berlin Heidelberg, 2015 
690 7 |a Prisoners' dilemma  |2 nationallicence 
690 7 |a Finitely repeated games  |2 nationallicence 
690 7 |a Cooperation  |2 nationallicence 
690 7 |a Reputation-building  |2 nationallicence 
700 1 |a Cox  |D Caleb  |u Durham University Business School, Mill Hill Lane, DH1 3LB, Durham, UK  |4 aut 
700 1 |a Jones  |D Matthew  |u Federal Trade Commission, 600 Pennsylvania Avenue NW, Mail Drop HQ-238, 20580, Washington, DC, USA  |4 aut 
700 1 |a Pflum  |D Kevin  |u University of Alabama, Box 870224, 35487, Tuscaloosa, AL, USA  |4 aut 
700 1 |a Healy  |D Paul  |u The Ohio State University, 1945 North High Street, 43210, Columbus, OH, USA  |4 aut 
773 0 |t Economic Theory  |d Springer Berlin Heidelberg  |g 58/3(2015-04-01), 441-484  |x 0938-2259  |q 58:3<441  |1 2015  |2 58  |o 199 
856 4 0 |u https://doi.org/10.1007/s00199-015-0863-1  |q text/html  |z Onlinezugriff via DOI 
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900 7 |a Metadata rights reserved  |b Springer special CC-BY-NC licence  |2 nationallicence 
908 |D 1  |a research-article  |2 jats 
949 |B NATIONALLICENCE  |F NATIONALLICENCE  |b NL-springer 
950 |B NATIONALLICENCE  |P 856  |E 40  |u https://doi.org/10.1007/s00199-015-0863-1  |q text/html  |z Onlinezugriff via DOI 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Cox  |D Caleb  |u Durham University Business School, Mill Hill Lane, DH1 3LB, Durham, UK  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Jones  |D Matthew  |u Federal Trade Commission, 600 Pennsylvania Avenue NW, Mail Drop HQ-238, 20580, Washington, DC, USA  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Pflum  |D Kevin  |u University of Alabama, Box 870224, 35487, Tuscaloosa, AL, USA  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Healy  |D Paul  |u The Ohio State University, 1945 North High Street, 43210, Columbus, OH, USA  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Economic Theory  |d Springer Berlin Heidelberg  |g 58/3(2015-04-01), 441-484  |x 0938-2259  |q 58:3<441  |1 2015  |2 58  |o 199