Identifying cooperative behavior: some experimental results in a prisoners dilemma game.
In recent years, experimental economists have discovered that people exhibit different patterns of cooperative behavior. This paper presents findings from a face-to-face experiment that analyzed whether individuals who possess a willingness to cooperate can credibly signal it and whether it is recognizable by the partner. Results revealed that both capabilities, signaling and recognizing, depend upon the individual’s propensity to cooperate.
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