Maria Kozlovskaya - Academia.edu (original) (raw)
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Subjects who played a payoff-maximising strategy against a computer algorithm (" sophisticates ")... more Subjects who played a payoff-maximising strategy against a computer algorithm (" sophisticates ") are more cooperative in a finitely repeated Prisoner's Dilemma than subjects who did not play a payoff-maximising strategy (" naifs "). The difference in cooperation rates increases as the subjects gain experience with the game. As a result, sophisticates earn more than naifs, when paired with players of their own type. This finding implies that cooperation in the game is not a result of reasoning fault.
Subjects who played a payoff-maximising strategy against a computer algorithm (" sophisticates ")... more Subjects who played a payoff-maximising strategy against a computer algorithm (" sophisticates ") are more cooperative in a finitely repeated Prisoner's Dilemma than subjects who did not play a payoff-maximising strategy (" naifs "). The difference in cooperation rates increases as the subjects gain experience with the game. As a result, sophisticates earn more than naifs, when paired with players of their own type. This finding implies that cooperation in the game is not a result of reasoning fault.