Rabanal, Jean Paul; Friedman, Daniel - In: Games 6 (2015) 2, pp. 150-160
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...