Nature Communications · 2018 · 309 citations · 38 references
Social SciencesEconomicsPsychologyBehavioral EconomicsExperimental EconomicsProsocial BehaviorBehavioral Game TheoryCooperative BehaviorCooperative Decision-makingEvolution Of CooperationProsocial Decision-makingSocial CooperationCooperation In Social DilemmasDecoy BehaviorPrisoner’s DilemmaProsocial ChoiceRepeated Prisoner's DilemmaSocial Dilemma Decision-makingSustained Prosocial ActionVoluntary Action
The decoy effect is a cognitive bias documented in behavioural economics by which the presence of a third, (partly) inferior choice causes a significant shift in people's preference for other items. Here, we performed an experiment with human volunteers who played a variant of the repeated prisoner's dilemma game in which the standard options of "cooperate" and "defect" are supplemented with a new, decoy option, "reward". We show that although volunteers rarely chose the decoy option, its availability sparks a significant increase in overall cooperativeness and improves the likelihood of success for cooperative individuals in this game. The presence of the decoy increased willingness of volunteers to cooperate in the first step of each game, leading to subsequent propagation of such willingness by (noisy) tit-for-tat. Our study thus points to decoys as a means to elicit voluntary prosocial action across a spectrum of collective endeavours.
38
Prospect Theory: An Analysis of Decision under Risk
Daniel Kahneman, Amos Tversky · Econometrica · 1979 · 47K citations
Judgment under Uncertainty: Heuristics and Biases
Amos Tversky, Daniel Kahneman · Science · 1974 · 28K citations
Judgment under Uncertainty: Heuristics and Biases
Amos Tversky, Daniel Kahneman · 1975 · 23.1K citations
z-Tree: Zurich toolbox for ready-made economic experiments
Urs Fischbacher · Experimental Economics · 2007 · 9.9K citations · Full text
Altruistic punishment in humans
Ernst Fehr, Simon Gächter · Nature · 2002 · 5.6K citations