Reference dependence, cooperation, and coordination in games
Reference dependence, cooperation, and coordination in games
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博弈中的参考依赖、合作和协调
DOI:
10.1017/s1930297500003909
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发表时间:
2015
影响因子:
2.5
通讯作者:
Jonathan W. Leland
中科院分区:
文献类型:
--
作者:
Mark Schneider;Jonathan W. Leland
The problems of how self-interested players can cooperate despite incentives to defect, and how players can coordinate despite the presence of multiple equilibria, are among the oldest and most fundamental in game theory. In this report, we demonstrate that a plausible and even natural specification of the reference outcome in a game simultaneously predicts systematic cooperation and defection in the Prisoner’s Dilemma, as well as equilibrium selection and out-of-equilibrium play in coordination games. The predictions hold even if players are purely self-interested, there are no salient labels, the game is played only once, and there is no communication of any kind. Furthermore, the predictions are unique, as opposed to the multiplicity of equilibria in the infinitely repeated Prisoner’s Dilemma and in coordination games. We apply experimental results to test the predictions of the model.