Abstract
This study examines the impact of changes in pecuniary payoffs and the linkages between players in the game environment on strategy choice in repeated PD games. Rates of cooperation are found to be correlated with variations in game parameters related to concepts of Fear, Greed, and Cooperators’ Gain. In addition, rates of cooperation are affected by the information that subjects have regarding the history of play of their counterparts, as well as the protocol used for matching subjects across decision rounds.
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