Eneasz comments on Interlude for Behavioral Economics - Less Wrong

49 Post author: Yvain 06 July 2012 08:12PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (49)

You are viewing a single comment's thread. Show more comments above.

Comment author: TraderJoe 06 July 2012 08:11:32AM 5 points [-]

The results: If you tell the second player that the first player defected, 3% still cooperate (apparently 3% of people are Jesus). If you tell the second player that the first player cooperated.........only 16% cooperate.

Is there really anything exceptional in the 3% figure? 3% of people facing a player who chose "Foe" preferred to transfer money from the game show owners to that player. 97% preferred the game show owners to keep the money. If anything, 3% is below what I would have expected. More surprising [IMO] is the fact that 16% co-operate when they know that it costs them to do so. I have no idea what that 16% were thinking.

Comment author: Eneasz 09 July 2012 04:43:49PM 0 points [-]

I have no idea what that 16% were thinking.

If you were playing against yourself, would you co-operate?