[Lecture]Binglin Gong:Cooperation through indirect reciprocity: The impact of higher-order history
Time: 15:00-16:00pm, Dec. 9th, 2020, Wednesday
Venue: RoomA1514, Science Building, North Zhongshan Road Campus
/Tencent meeting ID:836 468 594
Spreker:Binglin Gong, Researcher, Zijiang young scholar, Department of Economics and Management, East China Normal University
Abstract:Amid rapidly growing globalization and digitalization, trades often occur in one-time encounters, where cooperation depends on indirect reciprocity. This study investigates how people use higher-order information to aid in cooperation decisions. A random matching prisoners’ dilemma experiment with optional history information up to the second order is conducted. With a novel continuous extension, we show that reputation scores standing and judging significantly affect cooperation decisions. Majority of the subjects respond to higher-order scores individually, and incorporating individual heterogeneity significantly improves the overall fit in aggregate regressions. A modified pooled mixture model classifies 31.7% of the subjects’ behaviors into higher-order types. Subjects learn to use the judging score through their experiences. The reputation effect is stronger when subjects have first played the no-information baseline game, where reputation scores are more effective in a complementary way. We also find that cooperation improvement is significantly lower in the treatment with first-order information only.
Speaker’s Bio:龚冰琳博士现为华东师范大学经济管理学部紫江青年学者、博导,美国马里兰大学经济系博士。曾任复旦大学、上海交通大学教师、美国加州大学欧文分校梁仕源、梁秀莲中美商业和法律研究院研究员、世界银行和亚洲发展银行顾问。研究方向为行为决策、机制设计、性别差异、信息经济学、行为金融等。在管理类国际顶级期刊Management Science和经济学国际著名期刊Games and Economic Behavior、Experimental Economics、Journal of Economic Behavior and Organization、Journal of Economic Psychology等期刊上发表多篇论文。获得全国高校人文社科论文奖二等奖和上海市第十四届哲学社会科学优秀成果奖学科学术奖论文一等奖。主持多项国家级、省部级和国际合作科研项目。担任中国行为与实验经济学论坛学术委员和The Economic Journal等多本著名国际学术期刊审稿人。