Results 51 to 60 of about 17,478 (217)
Reference dependence, cooperation, and coordination in games [PDF]
Judgment and Decision Making, 2015 The problems of how self-interested players can cooperate despite incentives to defect, and how players can coordinate despite the presence of multiple equilibria, are among the oldest and most fundamental in game theory.
Mark Schneider, Jonathan W. Leland
doaj +3 more sources
Random mobility and spatial structure often enhance cooperation
, 2008 The effects of an unconditional move rule in the spatial Prisoner's Dilemma, Snowdrift and Stag Hunt games are studied. Spatial structure by itself is known to modify the outcome of many games when compared with a randomly mixed population, sometimes ...
Aktipis +33 more
core +1 more source
Promise‐Keeping Reputations in an Investment Game: An Experimental Investigation
International Studies of Economics, EarlyView.ABSTRACT We design a controlled laboratory experiment to mitigate moral hazard problems in livestream shopping when sellers make promises to buyers. In our experiment, the promise‐keeping reputation mechanism allows sellers to send promises to buyers while buyers can observe the sellers' historical promise‐keeping records. Results demonstrate that bare
Ninghua Du, Qun Zhao
wiley +1 more source
Statistical Physics of the Spatial Prisoner's Dilemma with Memory-Aware Agents
, 2016 We introduce an analytical model to study the evolution towards equilibrium in spatial games, with `memory-aware' agents, i.e., agents that accumulate their payoff over time.
Javarone, Marco Alberto
core +1 more source
Strategic Change, EarlyView.ABSTRACT The relationship between team composition and organizational outcomes is a critical topic in many managerial and business contexts. In this study, we utilize an experimental research method to examine the impact of cognitive diversity on team dynamics.
Jantunen Ari +5 more
wiley +1 more source
Memory-two zero-determinant strategies in repeated games
Royal Society Open Science, 2021 Repeated games have provided an explanation of how mutual cooperation can be achieved even if defection is more favourable in a one-shot game in the Prisoner’s Dilemma situation.
Masahiko Ueda
doaj +1 more source
Unnatural Causes: Cryptocurrencies, Carbon Credits, and the rise of Neoliberalism from Below
Economic Anthropology, EarlyView.ABSTRACT Klima is a carbon‐backed cryptocurrency running as a decentralized autonomous organization (DAO). In 2021, it had accumulated 9 million metric tons of digital carbon credits and reached a market value of more than US$1 billion. In 2023, its treasury stored twice as many carbon credits, but its spot price was a tiny fraction compared to 2021 ...
Riccardo De Cristano, Alexander Paulsson
wiley +1 more source
Buchanan and the Social Contract: Coordination Failures and the Atrophy of Property Rights
Southern Economic Journal, EarlyView.ABSTRACT James Buchanan advocated that societies should be based on a social contract. He rejected anarchy, seeing it as a “Hobbesian jungle” that calls for government intervention to maintain social order. He also opposed theories of spontaneous order. These views led to debates about the compatibility of Buchanan's works with classical liberalism and
Stefano Dughera, Alain Marciano
wiley +1 more source
Forgiver triumphs in alternating Prisoner's Dilemma. [PDF]
PLoS ONE, 2013 Cooperative behavior, where one individual incurs a cost to help another, is a wide spread phenomenon. Here we study direct reciprocity in the context of the alternating Prisoner's Dilemma.
Benjamin M Zagorsky +3 more
doaj +1 more source