Abstract
Outcome preferences, anticipations, and choice intentions or choices were investigated in a group of eight Prisoner’s Dilemma Game matrices with different degrees of conflict severity. The variables were recorded with a computer assisted questionnaire and during the initial period of a sequence of games. Results from 106 subjects showed that their social ’motives’ remained essentially stable across the different games. Expectancies and choices were strongly dependent on social ’motives’. The majority of choices could be explained with the social ’motives’ and the expectancies in line with the expectancy-conditional maximization of preference.
This research project was supported by the Deutsche Forschungsgemeinschaft (Schu 543/1-1). This article was translated from the German by Jonathan Harrow, Bielefeld.
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Schulz, U. (1988). The Influence of Social Orientation and Generalized Expectancies on Decision Making in Iterated Experimental Games. In: Tietz, R., Albers, W., Selten, R. (eds) Bounded Rational Behavior in Experimental Games and Markets. Lecture Notes in Economics and Mathematical Systems, vol 314. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-48356-1_8
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