Next Article in Journal
Revenue Implications of Strategic and External Auction Risk
Next Article in Special Issue
Recent Advances in Experimental Studies of Social Dilemma Games
Previous Article in Journal / Special Issue
Partner Selection and the Division of Surplus: Evidence from Ultimatum and Dictator Experiments
Article Menu

Export Article

Open AccessArticle
Games 2016, 7(1), 4; doi:10.3390/g7010004

Pledges of Commitment and Cooperation in Partnerships

1
Department of Economics, University of Zurich, Schönberggasse 1, Zurich CH 8001, Switzerland
2
School of Economics, University of Adelaide, Adelaide SA 5005, Australia
*
Author to whom correspondence should be addressed.
Academic Editor: Ananish Chaudhuri
Received: 26 October 2015 / Revised: 1 January 2016 / Accepted: 5 January 2016 / Published: 20 January 2016
(This article belongs to the Special Issue Experimental Studies of Social Dilemma Games)
View Full-Text   |   Download PDF [368 KB, uploaded 21 January 2016]   |  

Abstract

We use experimental methods to investigate whether pledges of commitment can improve cooperation in endogenously-formed partnerships facing a social dilemma. Treatments vary in terms of the individual’s: (1) opportunity to commit to their partner; (2) the cost of dissolving committed partnerships; and (3) the distribution of these dissolution costs between partners. Our findings show that pledges of commitment alone can increase cooperation and welfare in committed partnerships. The introduction of relatively large and equally split costs yields similar gains. In contrast, when costs to dissolve committed partnerships fall solely on the individual choosing to break up, pledges of commitment fail to improve cooperation and welfare. View Full-Text
Keywords: commitment; cooperation; endogenous group formation; experiment commitment; cooperation; endogenous group formation; experiment
Figures

Figure 1

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

Scifeed alert for new publications

Never miss any articles matching your research from any publisher
  • Get alerts for new papers matching your research
  • Find out the new papers from selected authors
  • Updated daily for 49'000+ journals and 6000+ publishers
  • Define your Scifeed now

SciFeed Share & Cite This Article

MDPI and ACS Style

Deer, L.; Bayer, R.-C. Pledges of Commitment and Cooperation in Partnerships. Games 2016, 7, 4.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Games EISSN 2073-4336 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top