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The Impact of the Termination Rule in Cooperation Experiments

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Abstract

This paper analyzes the impact of three termination rules for repeated- game experiments. We compare treatments with a known finite end, an unknown end and two variants with a random termination rule. The termination rules do not significantly e ect cooperation rates.

Suggested Citation

  • Hans Normann & Brian Wallace, 2004. "The Impact of the Termination Rule in Cooperation Experiments," Royal Holloway, University of London: Discussion Papers in Economics 04/11, Department of Economics, Royal Holloway University of London, revised Jul 2004.
    • Handle: RePEc:hol:holodi:0411
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    File URL: http://www.rhul.ac.uk/economics/Research/WorkingPapers/pdf/dpe0411.pdf
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    More about this item

    Keywords

    Termination rule; end-game e ect; infinite horizon; repeated games;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection

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