Motives behind cooperation in finitely repeated prisoner's dilemma

成果类型:
Article
署名作者:
Chakraborty, Anujit
署名单位:
University of California System; University of California Davis
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2023.06.002
发表日期:
2023
页码:
105-132
关键词:
Experimental economics Finitely repeated prisoner's dilemma Behavioral game theory
摘要:
This paper deploys a novel experiment to compare three behavioral theories that explain both selfish and non-selfish cooperation. The three theories fuse reputational cooperation (a la Kreps et al. (1982)) with the following three non-selfish motives respectively: caring about others (Altruism), being conscientious about cooperation (Duty), and enjoying social-efficiency (Efficiency-Seeking). We use reputational cooperation under purely Selfish preferences as a fourth theory. Our experimental design varies the decline-rate of future rewards, under which these theories predict rich patterns of behavior. Based on a Finite Mixture Model, the data is best explained if the modal subject types are Selfish and Efficiency-Seeking: We estimate that 40-49% of our subjects are Selfish, 36-45% are Efficiency-seeking, and 6-20% are Altruistic. We find little evidence for Duty players.Published by Elsevier Inc.