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Transparency and cooperation in repeated dilemma games: a meta study
- Source :
- Experimental Economics, Experimental Economics, 20(4), 755-771. Springer New York
- Publication Year :
- 2017
- Publisher :
- Springer US, 2017.
-
Abstract
- We use data from experiments on finitely repeated dilemma games with fixed matching to investigate the effect of different types of information on cooperation. The data come from 71 studies using the voluntary contributions paradigm, covering 122 data points, and from 18 studies on decision-making in oligopoly, covering another 50 data points. We find similar effects in the two sets of experimental games. We find that transparency about what everyone in a group earns reduces contributions to the public good, as well as the degree of collusion in oligopoly markets. In contrast, transparency about choices tends to lead to an increase in contributions and collusion, although the size of this effect varies somewhat between the two settings. Our results are potentially useful for policy making, because they provide guidance on the type of information to target in order to stimulate or limit cooperation. Electronic supplementary material The online version of this article (doi:10.1007/s10683-017-9517-4) contains supplementary material, which is available to authorized users.
- Subjects :
- Matching (statistics)
Original Paper
Transparency (market)
05 social sciences
Economics, Econometrics and Finance (miscellaneous)
Public good
L1
Laboratory experiment
Microeconomics
Dilemma
Oligopoly
H4
Cooperation
Order (exchange)
Information
0502 economics and business
Collusion
Repeated game
Economics
Metastudy
D8
050207 economics
050205 econometrics
Subjects
Details
- Language :
- English
- ISSN :
- 15736938 and 13864157
- Volume :
- 20
- Issue :
- 4
- Database :
- OpenAIRE
- Journal :
- Experimental Economics
- Accession number :
- edsair.doi.dedup.....a12c8f04663ddecbc61765c2857eca4b