Slow to Anger and Fast to Forgive: Cooperation in an Uncertain World

By Drew Fudenberg, David G. Rand, Anna Dreber. 2012

366 citations recorded by the source corpus.

We study the experimental play of the repeated prisoner's dilemma when intended actions are implemented with noise. In treatments where cooperation is an equilibrium, subjects cooperate substantially more than in treatments without cooperative equilibria. In all settings there was considerable strategic diversity, indicating that subjects had not fully learned the distribution of play. Furthermore, cooperative strategies yielded higher payoffs than uncooperative strategies in the treatments with cooperative equilibria. In these treatments successful strategies were "lenient" in not retaliating for the first defection, and many were "forgiving" in trying to return to cooperation after inflicting a punishment. (JEL C72, C73, D81)

Subfields: Cognitive Neuroscience, Safety Research, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/740b64b26b490e3e8551a5b1c1a86505cdaf21bf

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Cognitive Neuroscience

  1. Aldo Rustichini
  2. Alex Peysakhovich
  3. Adam Lerer
  4. Joshua D. Greene
  5. David G. Rand
  6. Martin A. Nowak
  7. Azim Shariff
  8. Iyad Rahwan

In Safety Research

  1. Alex Peysakhovich
  2. David G. Rand
  3. Adam Lerer
  4. Jillian J. Jordan
  5. Martin A. Nowak
  6. Joshua D. Greene
  7. Andis Sofianos
  8. Aldo Rustichini

In Sociology and Political Science

  1. David G. Rand
  2. Alex Peysakhovich
  3. Jillian J. Jordan
  4. Adam Lerer
  5. Martin A. Nowak
  6. Joshua D. Greene
  7. Andis Sofianos
  8. Aldo Rustichini

Citations in the corpus