Lecture by Prof. Dr. Alicia von Schenk, Würzburg University, at the VWL Research Seminar on 28.01.2025

We are pleased to announce that Prof. Dr. Alicia von Schenk, Würzburg University, will give a lecture within the VWL research seminar on the topic of

“Human and Algorithmic Cooperation: Parameters Matter!”

The date is Tuesday, 28.01.2025, 4 p.m., in room F21/03.81.

Abstract

Under which conditions do humans cooperate with machines? This study explores human and algorithmic cooperation in the infinitely repeated Prisoner's Dilemma, focusing on a critical threshold for cooperation. Using online experiments, we assess how replacing human opponents with learning algorithms - either human-mimicking or profit-maximizing - affects cooperation rates. Oour results show that human cooperation is influenced by opponent type and strategy, with a higher predictive power of the theoretical threshold when interacting with AI maximizing profits.