Arbeitspapier

Social preferences and the variability of conditional cooperation

We experimentally examine how the incentive to defect in a social dilemma affects conditional cooperation. In our first study we conduct online experiments in which subjects play eight Sequential Prisoner's Dilemma games with payoffs systematically varied across games. We find that few second movers are conditionally cooperative (i.e., cooperate if and only if the first mover cooperates) in all eight games. Instead, most second-movers change strategies between games. The rate of conditional cooperation is higher when the own gain from defecting is lower and when the loss imposed on the first mover from defecting is higher. This pattern is consistent with both social preference models and stochastic choice models. To explore which model explains our findings we employ a second study to jointly estimate noise and social preference parameters at the individual level. The majority of our subjects place significantly positive weight on others' payoffs, supporting the underlying role of social preferences in conditional cooperation.

Sprache
Englisch

Erschienen in
Series: CeDEx Discussion Paper Series ; No. 2022-13

Klassifikation
Wirtschaft
Relation of Economics to Social Values
Design of Experiments: Laboratory, Individual
Thema
sequential prisoner's dilemma
conditional cooperation
social preferences
Gefangenendilemma
Soziale Wohlfahrtsfunktion
Kooperation
Kooperatives Spiel
Spieltheorie
Experiment

Ereignis
Geistige Schöpfung
(wer)
Baader, Malte
Gächter, Simon
Lee, Kyeongtae
Sefton, Martin
Ereignis
Veröffentlichung
(wer)
The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)
(wo)
Nottingham
(wann)
2022

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Baader, Malte
  • Gächter, Simon
  • Lee, Kyeongtae
  • Sefton, Martin
  • The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)

Entstanden

  • 2022

Ähnliche Objekte (12)