The name is absent

Table 5 and Figure 8 provide evidence for Result 10. Figure 8 reports the marginal
effects estimated using regressions in Table 5.¹⁹ In addition to what has already been
referenced in relation to Figure 7, the cooperation choices for non-anonymous public
monitoring includes six additional strategy regressors to trace targeted strategies (Table
5). The representative subject that experienced a defection displayed a strong and
persistent decrease in cooperation levels when future encounters involved the same
opponent (dark solid line in Figure 8). In contrast, there is little support for the use of
either reactive or global strategies (light solid and dashed lines in Figure 8).

Figure 8: Strategies of the representative subject in non-anonymous public monitoring

than 5

period after defection

19

The graph uses the coefficient estimates coding targeted, reactive and global strategies, respectively. See
notes on Figure 5. Marginal effects for the targeted strategies were computed for the average values of
reactive and global strategies regressors. Marginal effects for the reactive strategies were computed for the
average values of targeted and global strategies regressors. Marginal effects for the global strategies were
computed for the average values of targeted and reactive strategies regressors.

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