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The value of many goods and many social and legal norms and institutions is correlated to the number of people who adopt them, in other words: They exhibit network effects. But while harmonization enhances network benefits, it also diminishes the benefits derived from variety. In the first part...
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Paying it forward" is a behavior in which people help someone else because they were helped in the past. Although experimental evidence exists that indicates that real human beings often "pay-it-forward" even in the face of free-rider risks, the theoretical basis for the evolution of this...
Persistent link: https://www.econbiz.de/10014636252
The theory on the evolution of preferences deals with the endogenous formation of preference relations in strategic situations. It is related to the field of evolutionary game theory. In this book we analyze the role and the influence of general, possibly non-expected utility preferences in such...
Persistent link: https://www.econbiz.de/10013520896
The theory on the evolution of preferences deals with the endogenous formation of preference relations in strategic situations. It is related to the field of evolutionary game theory. In this book we analyze the role and the influence of general, possibly non-expected utility preferences in such...
Persistent link: https://www.econbiz.de/10012685094
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We study the emergence of cooperation in structured populations with any arrangement of cooperators and defectors on the evolutionary graph. In a computational approach using structure coefficients defined for configurations describing such arrangements of any number of mutants, we provide...
Persistent link: https://www.econbiz.de/10012167985
The article contributes to the understanding of neo-endogenous rural development from the perspective of evolutionary game theory. Rural development is modelled as the increasing realisation over time of gains from interaction by rural stakeholders. The model exhibits two dynamically stable...
Persistent link: https://www.econbiz.de/10011615468