IBE Mini-Course: Daniela Puzzello & Volodymyr Lugovskyy, Indiana University

Event Date

Thursday, September 21, 2017 - 3:30pm

Location

McClelland Hall 401kk

IBE Mini-Course

“Money & Cooperation in Repeated Interactions"  

Presented by Volodymyr Lugovskyy and Daniela Puzzello

Situations where there is a tension between what is individually optimal and socially optimal are common, e.g., roommates pondering whether to wash dishes or not, etc. A variety of factors may determine whether opportunistic behavior or cooperation prevails in these situations, including whether interactions are repeated. While the theory of infinitely repeated games is helpful in capturing intertemporal incentives, it often fails to provide sharp predictions. A growing experimental literature has developed to explore factors affecting cooperation in repeated interactions and the selection of equilibria. In these lectures, we discuss how changes in the experimental environment (e.g., changes in group size, payoff parameters, game frame) and institutions (e.g., money) affect cooperation in social dilemma and exchange games.


 
READING LIST (print version)
 
Lecture 1 (9/18/2017)

  

Other suggested readings: 

 

 
Lecture 2 (9/21/2017)

 

Other suggested readings: