Teamwork makes the dream work – Healthcare Economist


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

We examine conduct of two particular person groups with people in indefinitely repeated prisoner dilemma video games with good monitoring. Workforce discussions are used to grasp the rationale underlying these decisions and the way these decisions come about. There are three most important findings: (i) Groups discovered to cooperate sooner than people, and cooperation was extra steady for groups. (ii) Methods recognized from workforce dialogues differ from these recognized by the Technique Frequency Estimation Technique. 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.

You’ll be able to learn the total paper right here.


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