Higher Intelligence Groups Have Higher Cooperation Rates in the Repeated Prisoner's Dilemma
Eugenio Proto,
Aldo Rustichini and
Andis Sofianos
No 269724, Economic Research Papers from University of Warwick - Department of Economics
Abstract:
Intelligence affects the social outcomes of groups. A systematic study of the link is provided in an experiment where two groups of subjects with different levels of intelligence, but otherwise similar, play a repeated prisoner’s dilemma. Initial cooperation rates are similar, but increase in the groups with higher intelligence to reach almost full cooperation, while they decline in the groups with lower intelligence. Cooperation of higher intelligence subjects is payoff sensitive and not automatic: in a treatment with lower continuation probability there is no difference between different intelligence groups.
Keywords: Financial; Economics (search for similar items in EconPapers)
Pages: 60
Date: 2015-12-12
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Citations: View citations in EconPapers (1)
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Related works:
Working Paper: Higher Intelligence Groups Have Higher Cooperation Rates in the Repeated Prisoner's Dilemma (2015) 
Working Paper: Higher Intelligence Groups Have Higher Cooperation Rates in the Repeated Prisoner's Dilemma (2015) 
Working Paper: Higher Intelligence Groups Have Higher Cooperation Rates in the Repeated Prisoner's Dilemma (2014) 
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uwarer:269724
DOI: 10.22004/ag.econ.269724
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