Split or steal? Cooperative behavior when the stakes are large

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Split or steal? Cooperative behavior when the stakes are large

We examine cooperative behavior when large sums of money are at stake, using data from the TV game show “Golden Balls”. At the end of each episode, contestants play a variant on the classic Prisoner’s Dilemma for large and widely ranging stakes averaging over $20,000. Cooperation is surprisingly hig...

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Bibliographic Details
Main Authors:	van den Assem, Martijn J., van Dolder, Dennie, Thaler, Richard H.
Format:	Article
Published:	Institute for Operations Research and the Management Sciences 2011
Subjects:	natural experiment game show prisoner's dilemma cooperation cooperative behaviour social behaviour social preferences reciprocity reciprocal behaviour context effects anchoring
Online Access:	https://eprints.nottingham.ac.uk/30844/

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