In a variation of the prisoner's dilemma game, participants are given $10 in "experimental chips" and asked to engage in an activity with two strangers (one of which was a computer program) . At the beginning of the activity, each person's $10 is put into the collective pot. Then, in each round of 20 total rounds, participant members (two humans and a computer) had the option to withdraw none, some, or all of their money from the collective pot. The collective pot would then be replenished at a predetermined rate by the experimenter. If both human participants withdrew everything on the first round, they would end up with $9 (because of the computer participant) . Thus, if participant 1 withdrew no money and participant 2 withdrew all $10, the pool would be replenished such that participant 2 could still withdraw more money the following round (i.e., participant 2 could come away with more money than she started with. This type of experiment is most likely: (circle all that apply)
A) an analogue experiment
B) a role-playing simulation
C) high in mundane realism
D) high in experimental realism
Correct Answer:
Verified
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