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I develop a model of collaboration between tournament participants in which agents collaborate in pairs, and an endogenous structure of collaboration is represented by a weighted network. The agents are forward-looking and capable of coordination; they value collaboration with others and higher...
Persistent link: https://www.econbiz.de/10011937299
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Community enforcement is an important device for sustaining efficiency in some repeated games of cooperation. We … investigate cooperation when information about players' reputations spreads to their future partners through links in a social … network that connects them. We find that information supports cooperation by increasing trust between players, and obtain the …
Persistent link: https://www.econbiz.de/10011773641
Despite recent advances in reputation technologies, it is not clear how reputation systems can affect human cooperation … in social networks. Although it is known that two of the major mechanisms in the evolution of cooperation are spatial …. Here, we present a new individual-based model for the evolution of reciprocal cooperation between reputation and networks …
Persistent link: https://www.econbiz.de/10011621316
Experimental evidence suggests that human decisions involve a mixture of self-interest and internalized social norms which cannot be accounted for by the Nash equilibrium behavior of Homo Economicus. This led to the notion of strong reciprocity (or altruistic punishment) to capture the human...
Persistent link: https://www.econbiz.de/10014138712
experiments consider networks of coordination and cooperation, buyer-seller networks, and network formation …
Persistent link: https://www.econbiz.de/10014072703
A fundamental question in social sciences is how trust emerges. We provide an answer which relies on the formation of social and economic relationships. We argue that behind trust lies the fact that individuals invest in connections taking into account the potential externalities networks...
Persistent link: https://www.econbiz.de/10014029121
In this work, we explore the role of learning dynamics and social norms in human cooperation on networks. We study the …-positioned at each game iteration. Our results show that the network structure does not affect the dynamics of cooperation, which …
Persistent link: https://www.econbiz.de/10012014880
of vigilant neighbors. This model proved to support cooperation in specific conditions, and here we check its robustness …
Persistent link: https://www.econbiz.de/10011620801
Persistent link: https://www.econbiz.de/10003894620