TY - RPRT AB - Intelligence affects the social outcomes of groups. A systematic study of the link is provided in an experiment where two groups of subjects with different levels of intelligence, but otherwise similar, play a repeated prisoner’s dilemma. Initial cooperation rates are similar, but increase in the groups with higher intelligence to reach almost full cooperation, while they decline in the groups with lower intelligence. Cooperation of higher intelligence subjects is payoff sensitive and not automatic: in a treatment with lower continuation probability there is no difference between different intelligence groups. AU - Proto, Eugenio AU - Rustichini, Aldo AU - Sofianos, Andis DA - 2015-12-12 DA - 2015 DO - 10.22004/ag.econ.269724 DO - doi ID - 269724 KW - Financial Economics KW - Repeated Prisoner's Dilemma KW - Cooperation KW - Intelligence L1 - https://ageconsearch.umn.edu/record/269724/files/twerp_1101proto.pdf L1 - https://ageconsearch.umn.edu/record/269724/files/twerp_1101proto.pdf?subformat=pdfa L2 - https://ageconsearch.umn.edu/record/269724/files/twerp_1101proto.pdf L2 - https://ageconsearch.umn.edu/record/269724/files/twerp_1101proto.pdf?subformat=pdfa L4 - https://ageconsearch.umn.edu/record/269724/files/twerp_1101proto.pdf L4 - https://ageconsearch.umn.edu/record/269724/files/twerp_1101proto.pdf?subformat=pdfa LA - eng LA - English LK - https://ageconsearch.umn.edu/record/269724/files/twerp_1101proto.pdf LK - https://ageconsearch.umn.edu/record/269724/files/twerp_1101proto.pdf?subformat=pdfa N2 - Intelligence affects the social outcomes of groups. A systematic study of the link is provided in an experiment where two groups of subjects with different levels of intelligence, but otherwise similar, play a repeated prisoner’s dilemma. Initial cooperation rates are similar, but increase in the groups with higher intelligence to reach almost full cooperation, while they decline in the groups with lower intelligence. Cooperation of higher intelligence subjects is payoff sensitive and not automatic: in a treatment with lower continuation probability there is no difference between different intelligence groups. PY - 2015-12-12 PY - 2015 T1 - Higher Intelligence Groups Have Higher Cooperation Rates in the Repeated Prisoner's Dilemma TI - Higher Intelligence Groups Have Higher Cooperation Rates in the Repeated Prisoner's Dilemma UR - https://ageconsearch.umn.edu/record/269724/files/twerp_1101proto.pdf UR - https://ageconsearch.umn.edu/record/269724/files/twerp_1101proto.pdf?subformat=pdfa Y1 - 2015-12-12 T2 - WERP 1101 ER -