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Gas Station Game

Gas Station Game. Debriefing. Gas Station Game: Payoff Matrix. Results. Teams. Gas Station Game: Typical Reactions. Short-sighted opportunism: Going for big profit Lasting distrust and bitterness after early opportunism -- very difficult to establish or reestablish trust

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Gas Station Game

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  1. Gas Station Game Debriefing

  2. Gas Station Game:Payoff Matrix

  3. Results Teams

  4. Gas Station Game:Typical Reactions • Short-sighted opportunism: Going for big profit • Lasting distrust and bitterness after early opportunism -- very difficult to establish or reestablish trust • Patterns of cooperation often emerge. Communications often help to establish and maintain cooperation, until last round • Attempts to “beat the game” (e.g., “2-pocket strategy”; turning in their decision, etc.)

  5. Gas Station Game Lessons • Payoff matrix (game structure) matters greatly • Short-run vs. long-run relationships different • Trust is important, but difficult to establish and maintain • Communication facilitates trust development • Strategic Interdependence: What’s best for you depends on what they do (at least in long run) • Optimal strategy: “Tit for tat” (Do what they did last time. So say the math geeks.) • Note: Variation of classic “prisoner’s dilemma”

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