Melis Kartal (Vienna University of Economics and Business) 9.11.2023

It is our pleasure that Dr. Melis Kartal (Vienna University of Economics and Business) will present on Thursday, November 9, 2023, at 12:45 in room RB437 about her research on the topic „A new approach to the analysis of cooperation under the shadow of the future: Theory and experimental evidence”.

Registration is not required and anyone who would like to attend is warmly invited.

ABSTRACT:  The theory of infinitely repeated games may lack predictive power due to its insensitivity to, e.g., changes in some game parameters, the timing of players’ moves and communication possibilities. We propose a new approach by studying an infinitely repeated prisoner’s dilemma game and its variants where preferences for cooperation are heterogeneous, and strategic risk arises from incomplete information about opponents’ preferences. Our model generates a rich set of comparative static predictions in a variety of settings. We show that, unlike standard theory and other existing models, our approach organizes the findings of a host of experiments including our novel experiments.

BIO: She is an Assistant Professor of Economics at Vienna University of Economics and Business. She received her PhD in Economics from New York University. Her research interests are in political economy, behavioral and experimental economics, and applied theory. Her research focuses on policy-relevant applied topics. Her papers are published in highly ranked journals such as the American Economic Review, the Economic Journal, American Economic Journal: Microeconomics, Journal of Public Economics and Games and Economic Behavior.