The Effect of Sequentiality on Cooperation in Repeated Games

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2022
Volume: 14
Issue: 4
Pages: 58-77

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

Sequentiality of moves in an infinitely repeated prisoner's dilemma does not change the conditions under which mutual cooperation can be supported in equilibrium relative to simultaneous decision-making. The nature of the interaction is different, however, given that sequential play reduces strategic uncertainty. We show in an experiment that this has large consequences for behavior. We find that with intermediate incentives to cooperate, sequentiality increases the cooperation rate by around 40 percentage points, whereas with very low or very high incentives to cooperate, cooperation rates are respectively very low or very high in both settings.

Technical Details

RePEc Handle
repec:aea:aejmic:v:14:y:2022:i:4:p:58-77
Journal Field
General
Author Count
2
Added to Database
2026-01-25