Play It Again
Partner Choice, Reputation Building and Learning From Finitely Repeated Dilemma Games
Bibliographic Data
| ID | 9706478 |
|---|---|
| Authors | Kenju Kamei (0000-0001-8846-7120, Durham University), Louis Putterman (0000-0001-7825-2791, Brown University) |
| Year | 2017 |
| Volume | 127 |
| Issue | 602 |
| Pages | 1069-1095 |
| Publication date | 2017-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12320 |
| OpenAlex | W1908958524 |
| Language | EN |
| Citations received | 1 |
| References cited | 37 |
Often the fuller the reputational record people's actions generate, the greater their incentive to earn a reputation for cooperation. However, inability to “wipe clean” one's past record might trap some agents who initially underappreciate reputation's value in a cycle of bad behaviour, whereas a clean slate could have been followed by their “reforming” themselves. In a laboratory experiment, we investigate what subjects learn from playing a finitely repeated dilemma game with endogenous, symmetric partner choice. We find that with a high cooperation premium and good information, investment in cooperative reputation grows following exogenous restarts, although earlier end-game behaviours are observed
Cheap talk · Complete information · Dilemma · Economics · Game theory · Incentive · Investment (military · Microeconomics · Political science · Repeated game · Reputation · Social dilemma · Value (mathematics · Computer Science · Culture, Economy, and Development Studies · Experimental Behavioral Economics Studies · Game Theory and Applications · Law · Mathematics
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| Unique citing works | 1 |
|---|---|
| Citations per year | 0,5 |
| Citation span | 2024 - 2024 (1) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 1 |