Cooperation in a common pool resource game: Strategic behavior and a sense of intimacy
Takehisa Kumakawa
Cogent Economics & Finance, 2018, vol. 6, issue 1, 1446654
Abstract:
This study experimentally investigates two possible reasons for cooperative investment decisions in common pool resource games with two players. One reason is strategic behavior: subjects, who are allowed to interact with their partners repeatedly, attempt to build a long-term relationship and elicit cooperation from their partners. Another reason is a sense of intimacy: as the pairings of subjects are fixed throughout the experiment, subjects develop a sense of intimacy with their partners and make decisions by considering their benefit. The results suggest that cooperative decisions can be explained almost solely by subjects’ strategic behaviors; however, the hypothesis that a sense of intimacy governed cooperative investment was not supported.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:taf:oaefxx:v:6:y:2018:i:1:p:1446654
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DOI: 10.1080/23322039.2018.1446654
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