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Evolution of mindsight and psychological commitment among strategically interacting agents

Rtischev, Dimitry - In: Games 7 (2016) 3, pp. 1-16

We study the evolution of strategic psychological capabilities in a population of interacting agents. Specifically,we consider agentswhich are either blind orwithmindsight, and either transparent or opaque. An agent with mindsight can observe the psychological makeup of a transparent agent,...

Persistent link: https://www.econbiz.de/10011550559

An Evolutionary Justification for Overconfidence

Gannon, Kim - 2020

resource, and there is uncertainty about who will win the resource if they choose to compete. Players have different confidence … know her opponent's confidence level. We characterize the evolutionarily stable equilibrium, represented by players …' strategies and distribution of confidence levels. Under different informational environments, a majority of players are …

Persistent link: https://www.econbiz.de/10012853848

Personal Relationships and the Evolution of Trust

Schliffke, Philipp - 2009

In this paper, an indirect evolutionary version of the game of trust is studied. A population consisting of trustworthy and exploitive players is assumed. Players are chosen randomly from the population and are matched with either strangers or players they know in order to play the game of...

Persistent link: https://www.econbiz.de/10013160188

Coevolution of Reciprocity and Trust

Ozturk Goktuna, Bilge; Yasar, Ozlem - 2023

This paper provides an analytical model to study the co-evolution of trust and trustworthiness in a game-theoretic framework. Trust reflects an agent’s belief that other agents cooperate in a two-stage prisoner’s dilemma game. Altruist agents receive a utility from their opponents’...

Persistent link: https://www.econbiz.de/10014358386

Are we strategically naïve or guided by trust and trustworthiness in cheap-talk communication?

Li, Xiaolin; Özer, Özalp; Subramanian, Upender - In: Management science : journal of the Institute for … 68 (2022) 1, pp. 376-398

Persistent link: https://www.econbiz.de/10012821182

Beliefs and Trust : An Experiment

Vyrastekova, Jana; Garikipati, Supriya - 2020

In this paper, we address the concept of trust by combining (i) the self-reported trust and belief in trustworthiness of others from a general unpaid questionnaire, (ii) choices made in a social valuation task designed to measure subjects' distributional preferences, (iii) strategies submitted...

Persistent link: https://www.econbiz.de/10014062461

Behavioural Responses to Unfair Institutions : Experimental Evidence on Rule Compliance, Norm Polarisation and Trust

Columbus, Simon; Kasper, Matthias; Feld, Lars P.; … - 2023

This study investigates the effects of unfair enforcement of institutional rules on public good contributions, personal and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce rule compliance compared to fair institutions. However,...

Persistent link: https://www.econbiz.de/10014345629

Behavioural Responses to Unfair Institutions : Experimental Evidence on Rule Compliance, Norm Polarisation, and Trust

Columbus, Simon; Feld, Lars P.; Kasper, Matthias; … - 2023

Persistent link: https://www.econbiz.de/10014346014

Information, irrationality, and the evolution of trust

Manapat, Michael L.; Nowak, Martin A.; Rand, David G. - In: Journal of economic behavior & organization : JEBO 90 (2013), pp. 57-75

Persistent link: https://www.econbiz.de/10010198221

Overconfidence in Economic Contests

Ando, Munetomo - 2004

This paper studies an economic contest with two participants, who are overconfident in their own relative abilities. We examine two different sources of overconfidence, overestimation of one's own ability and underestimation of the rival's ability, and compare the behavioral consequences of each...

Persistent link: https://www.econbiz.de/10014071941

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