An Experimental Investigation of a Third Person Enforcement in a Prisoner’s Dilemma Game
9 Pages Posted: 29 Mar 2012 Last revised: 25 Jun 2012
Date Written: June 8, 2012
We experimentally study the effect of a third person enforcement on a one-shot prisoner’s dilemma game played by two persons, with whom the third person plays repeated prisoner’s dilemma games. We find that when the third person can observe these two persons’ play, the possibility of the third person’s future punishment causes them to cooperate in the one-shot game.
Keywords: third person, infinitely repeated prisoner’s dilemma, cooperation, experiment
JEL Classification: C73, C91, L14
Suggested Citation: Suggested Citation