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Research

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Publication details for Dr Kenju Kamei

Kamei, K. & Putterman, L. (2017). Play it Again: Partner Choice, Reputation Building and Learning from Finitely-Repeated Dilemma Games. The Economic Journal 127(602): 1069-1095.

Author(s) from Durham

Abstract

Often the fuller the reputational record people's actions generate, the greater their incentive to earn a reputation for cooperation. However, inability to “wipe clean” one's past record might trap some agents who initially underappreciate reputation's value in a cycle of bad behaviour, whereas a clean slate could have been followed by their “reforming” themselves. In a laboratory experiment, we investigate what subjects learn from playing a finitely repeated dilemma game with endogenous, symmetric partner choice. We find that with a high cooperation premium and good information, investment in cooperative reputation grows following exogenous restarts, although earlier end-game behaviours are observed.