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Binding Promises and Cooperation among Strangers

Author

Listed:
  • Gabriele Camera

    (Economic Science Institute, Chapman University and University of Basel)

  • Marco Casari

    (University of Bologna)

  • Maria Bigoni

    (University of Bologna)

Abstract

In an experiment, a group of strangers was randomly divided in pairs to play a prisoners’ dilemma; this process was indefinitely repeated. Cooperation did not increase when subjects could send public messages amounting to binding promises of future play.

Suggested Citation

  • Gabriele Camera & Marco Casari & Maria Bigoni, 2012. "Binding Promises and Cooperation among Strangers," Working Papers 12-27, Chapman University, Economic Science Institute.
    • Handle: RePEc:chu:wpaper:12-27
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    References listed on IDEAS

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    1. repec:hou:wpaper:2004-01 is not listed on IDEAS
    2. Gabriele Camera & Marco Casari, 2009. "Cooperation among Strangers under the Shadow of the Future," American Economic Review, American Economic Association, vol. 99(3), pages 979-1005, June.
    3. Joseph Farrell & Matthew Rabin, 1996. "Cheap Talk," Journal of Economic Perspectives, American Economic Association, vol. 10(3), pages 103-118, Summer.
    4. Glenn Ellison, 1994. "Cooperation in the Prisoner's Dilemma with Anonymous Random Matching," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 61(3), pages 567-588.
    5. John Duffy & Nick Feltovich, 2006. "Words, Deeds, and Lies: Strategic Behaviour in Games with Multiple Signals," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(3), pages 669-688.
    6. Ostrom, Elinor & Walker, James & Gardner, Roy, 1992. "Covenants with and without a Sword: Self-Governance Is Possible," American Political Science Review, Cambridge University Press, vol. 86(2), pages 404-417, June.
    7. Michihiro Kandori, 1992. "Social Norms and Community Enforcement," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(1), pages 63-80.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Konstantinos Georgalos & Indrajit Ray & Sonali SenGupta, 2020. "Nash versus coarse correlation," Experimental Economics, Springer;Economic Science Association, vol. 23(4), pages 1178-1204, December.
    2. Raszap Skorbiansky, Sharon, 2018. "Investing in communication: An experimental study of communication in a relational contract setting," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 74(C), pages 85-96.
    3. Georgalos, Konstantinos & Ray, Indrajit & Gupta, Sonali Sen, 2019. "Nash vs. Coarse Correlation," Cardiff Economics Working Papers E2019/3, Cardiff University, Cardiff Business School, Economics Section.
    4. Correa Romar, 2014. "Mathematical Foci," Mathematical Economics Letters, De Gruyter, vol. 2(1-2), pages 5-11, August.
    5. Danae Arroyos-Calvera & Michalis Drouvelis & Johannes Lohse & Rebecca McDonald, 2020. "Improving compliance with COVID-19 guidance: a workplace field experiment," Discussion Papers 20-30, Department of Economics, University of Birmingham.

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    More about this item

    Keywords

    coordination; cheap-talk; deception; repeated game; social norms;
    All these keywords.

    JEL classification:

    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General

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