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A model of collective action in the commons that is intended to provide a framework for empirical research into the question of when cooperation is likely to be successful is presented. It is based on the presence of costly punishment opportunities, some players who have a taste for punishing...
Persistent link: https://www.econbiz.de/10004979307
This paper surveys the evolutionary game theoretic literature on reciprocity in human interactions, dealing both with long-term relationships and with sporadic interactions. Four basic themes, repetition, commitment, assortation, and parochialism, appear repeatedly throughout the literature....
Persistent link: https://www.econbiz.de/10004979327
Strong reciprocity refers to the willingness to sacrifice one's own material self-interest to punish others for opportunistic actions. This propensity provides a decentralized mechanism for the enforcement of social norms, but its extent and persistence poses a theoretical puzzle. Since...
Persistent link: https://www.econbiz.de/10004979339
Strong reciprocity refers to the willingness to sacrifice one's own material self-interest to punish others for opportunistic actions. This propensity provides a decentralized mechanism for the enforcement of social norms, but its extent and persistence poses a theoretical puzzle. Since...
Persistent link: https://www.econbiz.de/10005790950
This paper provides an evolutionary theory of reciprocity as an aspect of preference interdependence. It is shown that reciprocal preferences, which place negative weight on the payoffs of materialists and positive weight on the payoffs of sufficiently altruistic individuals can invade a...
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