Teamwork makes the dream work – Healthcare Economist

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An attention-grabbing paper by Cooper and Kegel (2023) in AEJ: Microeconomics finds that utilizing groups (reasonably then people) within the prisoner’s dilemma recreation is extra prone to end in selecting to cooperate than could be the case if people enjoying one another.

We evaluate conduct of two particular person groups with people in indefinitely repeated prisoner dilemma video games with excellent monitoring. Group discussions are used to know the rationale underlying these decisions and the way these decisions come about. There are three most important findings: (i) Groups discovered to cooperate quicker than people, and cooperation was extra steady for groups. (ii) Methods recognized from group dialogues differ from these recognized by the Technique Frequency Estimation Methodology. This displays the improvisational nature of groups’ resolution making. (iii) Growing cooperation was primarily pushed by groups unilaterally cooperating within the hope of inducing their opponent to cooperate.

Teamwork makes the dream work – Healthcare Economist
https://pubs.aeaweb.org/doi/pdfplus/10.1257/mic.20210012

You may learn the complete paper right here.



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