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on Evolutionary Economics |
By: | Rigdon, Mary; McCabe, Kevin; Smith, Vernon |
Abstract: | It is well-known in evolutionary game theory that population clustering in Prisoner's Dilemma games allows some cooperative strategies to invade populations of stable defecting strategies. We adapt this idea of population clustering to a two-person trust game. Without knowing it, players are typed based on their recent track record as to whether or not they are trusting (Players 1) and whether or not they are trustworthy (Players 2). They are then paired according to those types: trustors with trustworthy types, and similarly non-trustors with untrustworthy types. In the control comparisons, Players 1 are randomly repaired with Players 2 without regard to type. We ask: are there natural tendencies for people to cooperate more frequently in environments in which they experience more cooperation in comparison with controls? |
Keywords: | exchange; trust; reciprocity; cooperation; clustering; bargaining; experimental economics |
JEL: | D02 D0 |
Date: | 2001–08 |
URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:2006&r=evo |
By: | Guzmán, Ricardo Andrés; Rodríguez-Sickert, Carlos; Rowthorn, Robert |
Abstract: | We model the coevolution of behavioral strategies and social learning rules in the context of a cooperative dilemma, a situation in which individuals must decide whether or not to subordinate their own interests to those of the group. There are two learning rules in our model, conformism and payoff-dependent imitation, which evolve by natural selection, and three behavioral strategies, cooperate, defect, and cooperate plus punish defectors, which evolve under the influence of the prevailing learning rules. Group and individual level selective pressures drive evolution. We also simulate our model for conditions that approximate those in which early hominids lived. We find that conformism can evolve when the only problem that individuals face is a cooperative dilemma, in which prosocial behavior is always costly to the individual. Furthermore, the presence of conformists dramatically increases the group size for which cooperation can be sustained. The results of our model are robust: they hold even when migration rates are high, and when conflict among groups is infrequent. |
Keywords: | Evolution of behavior; Social learning; Cooperation; Conformism; Altruistic punishment; Public good games |
JEL: | Z13 Z1 H41 |
Date: | 2006–04–06 |
URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:2037&r=evo |
By: | Paul T. de Beer; Robert H.J. Mosch |
Abstract: | Recent debates about crime on the one hand and the purported deterioration of values and norms on the other hand implicitly refer to two kinds of coordination mechanisms. Crime is supposed to be a consequence of deficient material incentives in the form of detection and formal sanctions. Values and norms are related to immaterial incentives, such as feelings of shame or loss of reputation, originatingfrom informal social supervision, and by feelings of guilt or repentance, originating from the personal conviction that one ought to behave otherwise. In order to investigate the relationship between rising crime and other breaches of norms on the one hand and the deterioration of both material and immaterial incentives on the other hand, a simple rational choice model is developed. This model proves to be a useful framework for analyzing behavior in a context in which different incentives for individual behavior, i.e. individual self-interest, formal sanctions, internalized social norms and social norms that are enforced by external sanctions, play a role simultaneously. It is shown that the waning and restoration of norms are asymmetric processes in which the restoration of eroded norms involves a much larger effort than was needed to maintain the norms in the original situation. |
JEL: | E31 E52 E58 |
Date: | 2007–02 |
URL: | http://d.repec.org/n?u=RePEc:dnb:dnbwpp:131&r=evo |
By: | Brosig, Jeannette; Riechmann, Thomas; Weimann, Joachim |
Abstract: | This paper puts three of the most prominent specifications of ‘other-regarding’ preferences to the experimental test, namely the theories developed by Charness and Rabin, by Fehr and Schmidt, and by Andreoni and Miller. In a series of experiments based on various dictator and prisoner’s dilemma games, we try to uncover which of these concepts, or the classical selfishapproach, is able to explain most of our experimental findings. The experiments are special with regard to two aspects: First, we investigate the consistency of individual behavior within and across different classes of games. Second, we analyze the stability of individual behavior over time by running the same experiments on the same subjects at several points in time. Our results demonstrate that in the first wave of experiments, all theories of other-regarding preferences explain a high share of individual decisions. Other-regarding preferences seem to wash out over time, however. In the final wave, it is the classical theory of selfish behaviorthat delivers the best explanation. Stable behavior over time is observed only for subjects, who behave strictly selfish. Most subjects behave consistently with regard to at least one of the theories within the same class of games, but are much less consistent across games. |
Keywords: | individual preferences; consistency; stability; experimental economics |
JEL: | C90 C91 C72 |
Date: | 2007–02 |
URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:2035&r=evo |