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| Keisuke Nakao |
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| ''Can Altruism Hinder Cooperation?'' |
| ( 2008, Vol. 4 No.26 ) |
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| 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. |
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| Keywords: Continuous Prisoner's Dilemma |
JEL: D7 - Analysis of Collective Decision-Making: General
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| Manuscript Received : Aug 14 2008 | | Manuscript Accepted : Aug 15 2008 |
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