Eneasz comments on Interlude for Behavioral Economics - Less Wrong
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Comments (49)
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.
If you were playing against yourself, would you co-operate?