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Chun-Lei Yang and Jack Yue |
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''Assortative Matching, Information and Cooperation: An Experiment'' |
( 2010, Vol. 30 No.1 ) |
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Yang et al.(2007) show that assortative matching mechanisms can induce a high level of cooperation to prevail in repeated prisoners' dilemma experiments, but societies may also head to an all-defection state rapidly. Here, we additionally provide information on income distribution and show that cooperation significantly increases overall. Moreover, the effect can be traced back to a higher cooperation rate for people in the lowest income classes. |
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Keywords: Prisoners' dilemma, assortative matching, information, cooperation, experiment |
JEL: C9 - Design of Experiments: General D7 - Analysis of Collective Decision-Making: General |
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Manuscript Received : Jul 28 2009 | | Manuscript Accepted : Feb 02 2010 |
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