Altruistic versus egoistic behavior in a Public Good game

B-Tier
Journal: Journal of Economic Dynamics and Control
Year: 2012
Volume: 36
Issue: 4
Pages: 642-656

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper analyzes an evolutionary version of the Public Good game in which boundedly rational agents can use imitation and best-reply decision rules. Several possibilities for both decision rules to be present in the population are considered. I show that altruistic behavior might survive if switching between the decision rules occurs less often than the probabilities of errors in choosing a strategy and if local neighborhoods are not too small or too large.

Technical Details

RePEc Handle
repec:eee:dyncon:v:36:y:2012:i:4:p:642-656
Journal Field
Macro
Author Count
1
Added to Database
2026-01-25