Exploring cooperation and competition in the Centipede game through verbal protocol analysis

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Exploring cooperation and competition in the Centipede game through verbal protocol analysis

The Centipede game is an abstract model of reciprocal relationships in which two individuals alternate in helping each other at relatively small personal cost. Whereas mutual cooperation can benefit both individuals in the long run, a paradoxical but logically compelling backward induction argument suggests that cooperation is irrational. Empirical studies have reported reliable deviations from...

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ژورنال

عنوان ژورنال: European Journal of Social Psychology

سال: 2016

ISSN: 0046-2772

DOI: 10.1002/ejsp.2226