An attention-grabbing paper by Cooper and Kegel (2023) in AEJ: Microeconomics finds that utilizing groups (relatively then people) within the prisoner’s dilemma sport is extra prone to lead to selecting to cooperate than could be the case if people taking part in one another.
We evaluate habits of two particular person groups with people in indefinitely repeated prisoner dilemma video games with excellent monitoring. Staff discussions are used to grasp the rationale underlying these decisions and the way these decisions come about. There are three principal 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’ choice making. (iii) Rising cooperation was primarily pushed by groups unilaterally cooperating within the hope of inducing their opponent to cooperate.
You possibly can learn the complete paper right here.
