The Circulation of Worthless Tokens Aids Cooperation: An Experiment Inspired by the Kula

Many anthropological records exist of seemingly worthless tokens exchanged in traditional societies. The most famous instances of such tokens are probably the Kula necklaces and armbands first described by B. Malinowski. In our experiment, each participant can send a token to another participant bef...

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Bibliographic Details
Main Authors: Giuseppe Danese, Luigi Mittone
Format: Article
Language:English
Published: MDPI AG 2018-09-01
Series:Games
Subjects:
Online Access:http://www.mdpi.com/2073-4336/9/3/63