Contingent social utility in the prisoners' dilemma

Citation
R. Gibbons et L. Van Boven, Contingent social utility in the prisoners' dilemma, J ECON BEH, 45(1), 2001, pp. 1-17
Citations number
43
Categorie Soggetti
Economics
Journal title
JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION
ISSN journal
01672681 → ACNP
Volume
45
Issue
1
Year of publication
2001
Pages
1 - 17
Database
ISI
SICI code
0167-2681(200105)45:1<1:CSUITP>2.0.ZU;2-8
Abstract
We examined a central assumption of recent theories: that social utility is contingent on impressions of other people. We manipulated participants' im pression of the other player in a prisoners dilemma. We then measured parti cipants' own preferences in the PD, their estimates of the other players pr eferences in the PD, their prediction of the other player's move, and their own move. We hypothesized that the participants' move would maximize their stated preferences, given their pre diction of the other players move, and that participants' preferences would be contingent on their impression of the other player. Results supported both hypotheses and revealed that parti cipants' preferences were contingent more on their estimate of the other pl ayers preferences than on their prediction of the other players move. (C) 2 001 Elsevier Science B.V, All rights reserved.