Bolle, Friedel; Kritikos, Alexander - In: Theory and Decision 60 (2006) 4, pp. 371-394
Reciprocity is a decisive behavioural rule resulting in successful co-operation or deterrence. In this paper, a dynamic model is proposed, where reciprocity is described by changes in altruistic (or malevolent) ties. Multiple steady states may exist in one of which there may be general...