An fascinating paper by Cooper and Kegel (2023) in AEJ: Microeconomics finds that utilizing groups (slightly then people) within the prisoner’s dilemma sport is extra more likely to lead to selecting to cooperate than can be the case if people taking part in one another.
We examine conduct of two particular person groups with people in indefinitely repeated prisoner dilemma video games with excellent monitoring. Crew discussions are used to know the rationale underlying these decisions and the way these decisions come about. There are three foremost 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 Methodology. This displays the improvisational nature of groups’ resolution making. (iii) Growing cooperation was primarily pushed by groups unilaterally cooperating within the hope of inducing their opponent to cooperate.
You may learn the total paper right here.
