Instrumental reciprocity as an error

Ernesto Reuben, Sigrid Suetens

Research output: Contribution to journalArticle

Abstract

We study the strategies used by experimental subjects in repeated sequential prisoners’ dilemma games to identify the underlying motivations behind instrumental reciprocity, that is, reciprocation of cooperation only if there is future interaction. Importantly, we designed the games so that instrumental reciprocity is a mistake for payoff-maximizing individuals irrespective of their beliefs. We find that, despite the fact that instrumental reciprocity is suboptimal, it is one of the most frequently used cooperative strategies. Moreover, although the use of instrumental reciprocity is sensitive to the costs of deviating from the payoff-maximizing strategy, these costs alone cannot explain the high frequency with which subjects choose to reciprocate instrumentally.

Original languageEnglish (US)
Article number66
JournalGames
Volume9
Issue number3
DOIs
StatePublished - Sep 6 2018

ASJC Scopus subject areas

  • Statistics and Probability
  • Statistics, Probability and Uncertainty
  • Applied Mathematics

Fingerprint Dive into the research topics of 'Instrumental reciprocity as an error'. Together they form a unique fingerprint.

  • Cite this