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Keisuke Nakao
''Can Altruism Hinder Cooperation?''
( 2008, Vol. 4 No.26 )
This note considers the effects of altruism on cooperation in the context of a repeated Prisoner's Dilemma. Altruism has two conflicting impacts on cooperation: One is to reduce the temptation for defection the other is to make the future punishment ineffective. The total effect of altruism hinges on the shape of players'' cost functions.
Keywords: Continuous Prisoner's Dilemma
JEL: D7 - Analysis of Collective Decision-Making: General
Manuscript Received : Aug 14 2008 Manuscript Accepted : Aug 15 2008

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