TY - JOUR
T1 - Cooperation in indefinite games
T2 - Evidence from red queen games
AU - Smyth, Andrew
AU - Rodet, Cortney S.
N1 - Publisher Copyright:
© 2023 Elsevier B.V.
PY - 2023/4
Y1 - 2023/4
N2 - We test whether the length of an indefinite horizon, or that the horizon is indefinite as opposed to finite, affects cooperation in repeated 3×3 Red Queen Games. With our participant population, and our experimental program and procedures, the length of the indefinite horizon significantly affects cooperation in the Prisoner's Dilemma. It also significantly affects cooperation in the Red Queen Game, but only after participants are experienced. The indefiniteness of the horizon does not significantly affect cooperation in either game. Our results highlight the importance of experience for cooperation in indefinite games with even slightly larger strategy spaces than the Prisoner's Dilemma.
AB - We test whether the length of an indefinite horizon, or that the horizon is indefinite as opposed to finite, affects cooperation in repeated 3×3 Red Queen Games. With our participant population, and our experimental program and procedures, the length of the indefinite horizon significantly affects cooperation in the Prisoner's Dilemma. It also significantly affects cooperation in the Red Queen Game, but only after participants are experienced. The indefiniteness of the horizon does not significantly affect cooperation in either game. Our results highlight the importance of experience for cooperation in indefinite games with even slightly larger strategy spaces than the Prisoner's Dilemma.
KW - Cooperation
KW - Experimental economics
KW - Learning
KW - Prisoner's Dilemma
KW - Red Queen Game
KW - Repeated games
KW - Prisoner’s Dilemma
UR - http://www.scopus.com/inward/record.url?scp=85149202203&partnerID=8YFLogxK
UR - https://doi.org/10.1016/j.jebo.2023.02.001
U2 - 10.1016/j.jebo.2023.02.001
DO - 10.1016/j.jebo.2023.02.001
M3 - Article
AN - SCOPUS:85149202203
SN - 0167-2681
VL - 208
SP - 230
EP - 257
JO - Journal of Economic Behavior and Organization
JF - Journal of Economic Behavior and Organization
ER -