Article ID Journal Published Year Pages File Type
10437942 Journal of Economic Behavior & Organization 2005 16 Pages PDF
Abstract
Choice between different versions of a game may provide a means of sorting. We experimentally investigate whether auctioning off the right to play a prisoner's dilemma game in which the cost of unilateral cooperation is lower than in the status quo version separates (conditional) cooperators from money maximizers. After the auction, significantly more subjects cooperate in the modified PD than in the status quo PD, whereas there is no difference between cooperation rates if the two versions of the game were assigned to participants. However, sorting is incomplete and cooperation deteriorates over time.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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