2022
DOI: 10.2139/ssrn.4196265
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Beliefs, Learning, and Personality in the Indefinitely Repeated Prisoner's Dilemma

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Cited by 2 publications
(4 citation statements)
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“…For example, research suggests that cooperation is more abundant when it is risk‐dominant; in this case, risk‐dominance means that players prefer to cooperate when they think it is equally likely that the co‐player adopts ALLD or GRIM (Blonski et al, 2011; Dal Bó & Fréchette, 2011). In particular, a higher reward R leads to more cooperation (Gill & Rosokha, 2020), and a higher temptation T leads to less cooperation. Dal Bó and Fréchette (2019) noted that when the reward is low, players are more likely to open with a defection on the first round.…”
Section: Impact Of Design Choices and Parameters On Human Cooperationmentioning
confidence: 99%
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“…For example, research suggests that cooperation is more abundant when it is risk‐dominant; in this case, risk‐dominance means that players prefer to cooperate when they think it is equally likely that the co‐player adopts ALLD or GRIM (Blonski et al, 2011; Dal Bó & Fréchette, 2011). In particular, a higher reward R leads to more cooperation (Gill & Rosokha, 2020), and a higher temptation T leads to less cooperation. Dal Bó and Fréchette (2019) noted that when the reward is low, players are more likely to open with a defection on the first round.…”
Section: Impact Of Design Choices and Parameters On Human Cooperationmentioning
confidence: 99%
“…This is the so‐called strategy method (Selten, 1967). Here, participants either chose from a menu of predefined strategies, or they define their memory‐1 conditional strategies (i.e., for any outcome of the previous round, participants define with which probability they wish to cooperate in the next round, see Dal Bó & Fréchette, 2019; Gill & Rosokha, 2020). This method has the advantage that the results are clear; we can see which existing strategies are preferred.…”
Section: Evolving Strategiesmentioning
confidence: 99%
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“…Thus, a decision not to read the experimental instructions carefully and instead to learn by doing might be perfectly reasonable based on rational ignorance (Downs et al. 1957; Jerath and Ren 2021), or on preexisting beliefs or assumptions, for example, that the instructions are likely to be uninformative, useless, or even deceptive (Erev 2020; Gill and Rosokha 2020). Such behavior is similar to a decision not to read the instructions for a new appliance, but rather to learn how to use it through trial and error.…”
Section: Introductionmentioning
confidence: 99%