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Cooperation in a common pool resource game: Strategic behavior and a sense of intimacy

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  • Takehisa Kumakawa

Abstract

This study experimentally investigates two possible reasons for cooperative investment decisions in common pool resource games with two players. One reason is strategic behavior: subjects, who are allowed to interact with their partners repeatedly, attempt to build a long-term relationship and elicit cooperation from their partners. Another reason is a sense of intimacy: as the pairings of subjects are fixed throughout the experiment, subjects develop a sense of intimacy with their partners and make decisions by considering their benefit. The results suggest that cooperative decisions can be explained almost solely by subjects’ strategic behaviors; however, the hypothesis that a sense of intimacy governed cooperative investment was not supported.

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  • Takehisa Kumakawa, 2018. "Cooperation in a common pool resource game: Strategic behavior and a sense of intimacy," Cogent Economics & Finance, Taylor & Francis Journals, vol. 6(1), pages 1446654-144, January.
    • Handle: RePEc:taf:oaefxx:v:6:y:2018:i:1:p:1446654
    DOI: 10.1080/23322039.2018.1446654
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    Cited by:

    1. Yehouenou, Lauriane S. & Morgan, Stephen N. & Grogan, Kelly A., 2021. "Managing a Multiuse Resource with Payments for Ecosystems Services: A Classroom Game," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 3(3), September.
    2. José J. Domínguez & Giulio Ecchia & Natalia Montinari & Raimondello Orsini, 2023. "When Workplace Democracy Backfires. Lab Evidence on Honesty and Cooperation," ThE Papers 23/02, Department of Economic Theory and Economic History of the University of Granada..

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