Monitoring institutions in indefinitely repeated games

A-Tier
Journal: Experimental Economics
Year: 2018
Volume: 21
Issue: 3
Pages: 673-691

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Abstract Does monitoring past conduct facilitate intertemporal cooperation? We designed an experiment characterized by strategic uncertainty and multiple equilibria where coordinating on the efficient outcome is a challenge. Participants, interacting anonymously in a group, could pay a cost either to obtain information about their counterparts, or to create a freely available public record of individual conduct. Both monitoring institutions were actively employed. However, groups were unable to attain higher levels of cooperation compared to a treatment without monitoring. Information about past conduct alone thus appears to be ineffective in overcoming coordination challenges.

Technical Details

RePEc Handle
repec:kap:expeco:v:21:y:2018:i:3:d:10.1007_s10683-017-9532-5
Journal Field
Experimental
Author Count
2
Added to Database
2026-01-25