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  1. Beliefs, learning, and personality in the indefinitely repeated prisoner's dilemma
    Erschienen: August 2022
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We aim to understand the role and evolution of beliefs in the indefinitely repeated prisoner's dilemma (IRPD). To do so, we elicit beliefs about the supergame strategies chosen by others. We find that heterogeneity in beliefs and changes in beliefs... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    We aim to understand the role and evolution of beliefs in the indefinitely repeated prisoner's dilemma (IRPD). To do so, we elicit beliefs about the supergame strategies chosen by others. We find that heterogeneity in beliefs and changes in beliefs with experience are central to understanding behavior and learning in the IRPD. Beliefs strongly predict cooperation, initial beliefs match behavior quite well, most subjects choose strategies that perform well given their beliefs, and beliefs respond to experience while becoming more accurate over time. Finally, we uncover a novel mechanism whereby trusting subjects learn to cooperate through their interaction with experience.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/265713
    Schriftenreihe: Discussion paper series / IZA ; no. 15492
    Schlagworte: infinitely repeated prisoner's dilemma; cooperation; optimism; belief elicitation; supergame strategies; experimentation; trust; experiment
    Umfang: 1 Online-Ressource (circa 100 Seiten), Illustrationen
  2. Beliefs, learning, and personality in the indefinitely repeated prisoner's dilemma
    Erschienen: [2023]
    Verlag:  [Krannert School of Management, Purdue University, Institute for Research in the Behavioral, Economic, and Management Sciences], [West Lafayette, Indiana]

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    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Auflage/Ausgabe: This version: May 5, 2023
    Schriftenreihe: Purdue University Economics Department working paper ; no. 1332
    Schlagworte: Infinitely repeated prisoner’s dilemma; cooperation; optimism; belief elicitation; supergame strategies; experimentation; trust; experiment
    Umfang: 1 Online-Ressource (circa 108 Seiten), Illustrationen