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Discriminating to learn to discriminate

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  • Hauk, Esther

Abstract

Experiments in which subjects play simultaneously several finite prisoner's dilemma supergames reveal that many hypotheses used in the literature to explain cooperation are wrong. In particular the existence of player types is rejected as well as over-simplified behavioural postulates which allow for the existence of agents who make consistent errors. Experimental subjects turn out to permanently search for a better strategy. It is further suggested that the freedom to choose whether or not to play the prisoner's dilemma might be a key element in explaining observed cooperation levels in real data

Suggested Citation

  • Hauk, Esther, 1997. "Discriminating to learn to discriminate," UC3M Working papers. Economics 6058, Universidad Carlos III de Madrid. Departamento de Economía.
    • Handle: RePEc:cte:werepe:6058
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    References listed on IDEAS

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    1. William A. Brock & Cars H. Hommes, 2001. "A Rational Route to Randomness," Chapters, in: W. D. Dechert (ed.), Growth Theory, Nonlinear Dynamics and Economic Modelling, chapter 16, pages 402-438, Edward Elgar Publishing.
    2. Andreoni, James A & Miller, John H, 1993. "Rational Cooperation in the Finitely Repeated Prisoner's Dilemma: Experimental Evidence," Economic Journal, Royal Economic Society, vol. 103(418), pages 570-585, May.
    3. Ashlock, Dan & Smucker, Mark & Stanley, E. Ann & Tesfatsion, Leigh, 1994. "Preferential Partner Selection in an Evolutionary Study of Prisoner's Dilemma," ISU General Staff Papers 199409010700001033, Iowa State University, Department of Economics.
    4. Selten, Reinhard & Stoecker, Rolf, 1986. "End behavior in sequences of finite Prisoner's Dilemma supergames A learning theory approach," Journal of Economic Behavior & Organization, Elsevier, vol. 7(1), pages 47-70, March.
    5. Morikawa, Tomonori & Orbell, John M. & Runde, Audun S., 1995. "The Advantage of Being Moderately Cooperative," American Political Science Review, Cambridge University Press, vol. 89(3), pages 601-611, September.
    6. Kagel, John H & Levin, Dan, 1993. "Independent Private Value Auctions: Bidder Behaviour in First-, Second- and Third-Price Auctions with Varying Numbers of Bidders," Economic Journal, Royal Economic Society, vol. 103(419), pages 868-879, July.
    7. William A. Brock & Cars H. Hommes, 1997. "A Rational Route to Randomness," Econometrica, Econometric Society, vol. 65(5), pages 1059-1096, September.
    8. Orbell, John M. & Schwartz-Shea, Peregrine & Simmons, Randy T., 1984. "Do Cooperators Exit More Readily than Defectors?," American Political Science Review, Cambridge University Press, vol. 78(1), pages 147-162, March.
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    Cited by:

    1. Tilman Slembeck, 1999. "A Behavioral Approach to Learning in Economics - Towards an Economic Theory of Contingent Learning," Microeconomics 9905001, University Library of Munich, Germany.

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    Keywords

    Prisoner's dilemma;

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