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Consider a population of farmers who live around a lake. Each farmer engages in trade with his m adjacent neighbors, where m is termed the "span of interaction". Trade is governed by a prisoner's dilemma "rule of engagement". A farmer's payoff is the sum of the payoffs from the m prisoner's...
Persistent link: https://www.econbiz.de/10008661733
Persistent link: https://www.econbiz.de/10009385322
Consider a population of farmers who live around a lake. Each farmer engages in trade with his m adjacent neighbors, where m is termed the span of interaction. Trade is governed by a prisoner's dilemma rule of engagement. A farmer's payoff is the sum of the payoffs from the m prisoner's dilemma...
Persistent link: https://www.econbiz.de/10010323681
Consider a population of farmers who live around a lake. Each farmer engages in trade with his m adjacent neighbors, where m is termed the “span of interaction.” Trade is governed by a prisoner's dilemma “rule of engagement.” A farmer's payoff is the sum of the payoffs from the m...
Persistent link: https://www.econbiz.de/10013137776