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communicate with one another. In this model, game theory predicts that individuals jointly using a commons will overharvest …Problems of the commons exist in a wide variety of settings ranging in size and complexity from the family (e.g., the … household budget and the kitchen sink) to the global scale (e.g., loss of biodiversity and global warming). Game theory is a …
Persistent link: https://www.econbiz.de/10014212719
-friendly institutions. -- Social dilemma ; Resource dilemma ; Game theory ; environment ; institutional design …
Persistent link: https://www.econbiz.de/10003862006
Persistent link: https://www.econbiz.de/10001362832
This study revisits the problem of the tragedy of the commons. Extracting agents participate in an evolutionary game in … cohesiveness of the network contribute to overcoming the tragedy of the commons. The study suggests that the origin of the problem …
Persistent link: https://www.econbiz.de/10011672530
the commons games, and determine the effect of assortativity on the emergence and stability of cooperation. …
Persistent link: https://www.econbiz.de/10012432254
in the elaboration of mathematical analysis using evolutionary game theory, the discovery of image scoring norms, and the …
Persistent link: https://www.econbiz.de/10012431933
This paper analyzes the dynamic stability of moral codes in a two population trust game. Guided by a moral code, members of one population, the Trustors, are willing to punish members of the other population, the Trustees, who defect. Under replicator dynamics, adherence to the moral code has...
Persistent link: https://www.econbiz.de/10011316645
Persistent link: https://www.econbiz.de/10011963214
Using the author's own experiences, this chapter shows how agent-based modeling (ABM) can address research questions common to many disciplines, facilitate interdisciplinary collaboration, provide a useful multidisciplinary tool when the math is intractable, and reveal unity across disciplines....
Persistent link: https://www.econbiz.de/10014024372
Consider a population of farmers who live around a lake. Each farmer engages in trade with his two adjacent neighbors. The trade is governed by a prisoner's dilemma "rule of engagement". A farmer's payoff is the sum of the payoffs from the two prisoner's dilemma games played with his two...
Persistent link: https://www.econbiz.de/10003869591