An attention-grabbing paper by Cooper and Kegel (2023) in AEJ: Microeconomics finds that utilizing groups (relatively then people) within the prisoner’s dilemma recreation is extra more likely to end in selecting to cooperate than can be the case if people taking part in one another.
We evaluate conduct of two individual groups with people in indefinitely repeated prisoner dilemma video games with excellent monitoring. Group discussions are used to know the rationale underlying these selections and the way these selections come about. There are three predominant findings: (i) Groups realized to cooperate quicker than people, and cooperation was extra secure for groups. (ii) Methods recognized from group dialogues differ from these recognized by the Technique Frequency Estimation Technique. This displays the improvisational nature of groups’ resolution making. (iii) Rising cooperation was primarily pushed by groups unilaterally cooperating within the hope of inducing their opponent to cooperate.
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