We study the impact of strategic commitment on cooperation in indefinitely repeated games of strategic substitutes (Cournot) and complements (Bertrand) using laboratory experiments. Overall, strategic commitment has no effect on cooperation with strategic substitutes and a negative one with strategic complements. In the absence of strong strategic commitment, we find more cooperation in the com...

this study is intended to investigate the level of public-private cooperation in the process of agricultural development from the view point of potential investors and producers. to achieve this objective we used an adjusted jensen model as a conceptual framework for cooperation. in this process mutual responsibilities is provided to reveal different dimensions of strategic cooperation between ...

The Evolution of Cooperation in Business Dan Ladley, University of Leicester Ian Wilkinson, University of Sydney and University of Southern Denmark Louise Young, University of Western Sydney and University of Southern Denmark Draft: December 2011 (Under review at JEBO) ABSTRACT The development of cooperative relations within and between firms plays an important role in the successful implementa...

We propose a novel experimental method that disentangles strategicallyand non-strategicallymotivated behavior. We apply it to an indefinitely-repeated prisoner’s dilemma game to observe simultaneously how the same individual behaves in situations with future interaction and in situations with no future interaction, while controlling for expectations. This method allows us to determine the exten...

One of the main problems in applying evolutionary optimisation methods is the choice of operators and parameter values. This paper propose a competitive evolution method, in which several subpopulations are allowed to compete for computer time. The population with the fittest members, and that with the highest improvement rate in the recent past, are rewarded. When using identical strategies in...