Social Value Induction and Cooperation in the Centipede Game.

ABSTRACT: The Centipede game provides a dynamic model of cooperation and competition in repeated dyadic interactions. Two experiments investigated psychological factors driving cooperation in 20 rounds of a Centipede game with significant monetary incentives and anonymous and random re-pairing of players after every round. The main purpose of the research was to determine whether the pattern of strategic choices observed when no specific social value orientation is experimentally induced--the standard condition in all previous investigations of behavior in the Centipede and most other experimental games--is essentially individualistic, the orthodox game-theoretic assumption being that players are individualistically motivated in the absence of any specific motivational induction. Participants in who

SUBMITTER: Pulford BD 

PROVIDER: S-EPMC4806875 | biostudies-literature | 2016

REPOSITORIES: biostudies-literature