Replication data for: Cooperation under the Shadow of the Future: Experimental Evidence from Infinitely Repeated Games
Principal Investigator(s): View help for Principal Investigator(s) Pedro Dal Bó
Version: View help for Version V1
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Project Citation:
Bó, Pedro Dal. Replication data for: Cooperation under the Shadow of the Future: Experimental Evidence from Infinitely Repeated Games. Nashville, TN: American Economic Association [publisher], 2005. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-06. https://doi.org/10.3886/E116074V1
Project Description
Summary:
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While there is an extensive literature on the theory of infinitely repeated games, empirical evidence on how "the shadow of the future" affects behavior is scarce and inconclusive. I simulate infinitely repeated prisoner's dilemma games in the lab with a random continuation rule. The experimental design represents an improvement over the existing literature by including sessions with finite repeated games as controls and a large number of players per session (which allows for learning without contagion effects). I find that the shadow of the future matters not only by significantly reducing opportunistic behavior, but also because its impact closely follows theoretical predictions.
Scope of Project
JEL Classification:
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C71 Cooperative Games
C73 Stochastic and Dynamic Games; Evolutionary Games; Repeated Games
C71 Cooperative Games
C73 Stochastic and Dynamic Games; Evolutionary Games; Repeated Games
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