Analysis of Golden Balls Data

Stefan Lauermann points me to a new paper, this is from the abstract:

Our analysis shows that both stake size and communication have a significant impact on the player’s likelihood to cooperate. In particular, we observe a negative correlation between stake size and cooperation. Also certain gestures, as handshakes, decrease the likelihood to cooperate. But, if players mutually promise each other to cooperate and in addition shake hands on it, the cooperation rate increases.