Games of Two Halves: Non- Experimental Evidence on Cooperation, Defection and the Prisoner's Dilemma
Review of Economic Analysis 10 (2018), 285-312
28 Pages Posted: 6 Jun 2019
Date Written: October 1, 2018
Abstract
We develop a stylized two-period game-theoretic model of the strategic choices made by soccer teams when selecting between defensive and attacking team formations, and between non-violent and violent styles of play. Cooperative behavior during the early stages of matches is typically superseded by non-cooperation during the latter stages. The propensity for violent play to take place in the latter stages of soccer matches is interpreted as novel non-experimental evidence that players typically resort to mutually detrimental non-cooperative forms of behavior when the playoffs assume a prisoner’s dilemma structure.
Keywords: Game theory, Prisoner’s Dilemma, Hazard functions
JEL Classification: C41, C70, L83
Suggested Citation: Suggested Citation