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Competitive Centipede Games: Zero-End Payoffs and Payoff Inequality Deter Reciprocal Cooperation

Reciprocal cooperation can be studied in the Centipede game, in which two players alternate in choosing between a cooperative GO move and a non-cooperative STOP move. GO sustains the interaction and increases the player pair’s total payoff while incurring a small personal cost; STOP terminates the i...

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Gorde:
Egile Nagusiak: Eva M. Krockow, Briony D. Pulford, Andrew M. Colman
Formatua: Artigo
Hizkuntza:Inglês
Argitaratua: MDPI AG 2015-08-01
Saila:Games
Gaiak:
centipede game
backward induction
take-it-or-leave-it game
end-game effects
cooperation
reciprocity
Sarrera elektronikoa:http://www.mdpi.com/2073-4336/6/3/262
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