Arbeitspapier

The variability of conditional cooperation in sequential prisoner's dilemmas

We examine how conditional cooperation is related to the material payoffs in a Sequential Prisoner's Dilemma experiment. We have subjects play eight SPDs with varying payoffs, systematically varying the material gain to the second-mover and the material loss to the first-mover when the second-mover defects in response to cooperation. We find that few second-movers are conditionally cooperative in all eight games, and most second-movers change their strategies from game to game. Second-movers are less likely to conditionally cooperate when the gain is higher and when the loss is lower. This pattern is consistent with models of distributional preferences.

Language
Englisch

Bibliographic citation
Series: CeDEx Discussion Paper Series ; No. 2022-10

Classification
Wirtschaft
Relation of Economics to Social Values
Design of Experiments: Laboratory, Individual
Subject
prisoner's dilemma
conditional cooperation

Event
Geistige Schöpfung
(who)
Gächter, Simon
Lee, Kyeongtae
Sefton, Martin
Event
Veröffentlichung
(who)
The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)
(where)
Nottingham
(when)
2022

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

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

Time of origin

  • 2022

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