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Finitely repeated prisoners' dilemma experiments without a commonly known end

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2012

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Güth, Werner
Kamecke, Ulrich

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International Journal of Game Theory. Springer. 2012, 41(1), pp. 23-47. ISSN 0020-7276. eISSN 1432-1270. Available under: doi: 10.1007/s00182-011-0272-z

Zusammenfassung

Using a symmetric two-player prisoners’ dilemma as base game, each player receives a signal for the number of rounds to be played with the same partner. One of these signals is the true number of rounds R while the other is R − 5. Thus both players know that the game has a finite end. They both know that the opponent knows this, but the finite end is not commonly known. As a consequence, both mutual defection and mutual cooperation until the second last round are subgame perfect equilibrium outcomes. We find experimental evidence that many players do in fact cooperate beyond their individual signal round.

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ISO 690BRUTTEL, Lisa, Werner GÜTH, Ulrich KAMECKE, 2012. Finitely repeated prisoners' dilemma experiments without a commonly known end. In: International Journal of Game Theory. Springer. 2012, 41(1), pp. 23-47. ISSN 0020-7276. eISSN 1432-1270. Available under: doi: 10.1007/s00182-011-0272-z
BibTex
@article{Bruttel2012-02Finit-49278,
  year={2012},
  doi={10.1007/s00182-011-0272-z},
  title={Finitely repeated prisoners' dilemma experiments without a commonly known end},
  number={1},
  volume={41},
  issn={0020-7276},
  journal={International Journal of Game Theory},
  pages={23--47},
  author={Bruttel, Lisa and Güth, Werner and Kamecke, Ulrich}
}
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