The evolution of morals under indirect reciprocity

B-Tier
Journal: Games and Economic Behavior
Year: 2021
Volume: 126
Issue: C
Pages: 251-277

Authors (3)

Gaudeul, Alexia (European Commission) Keser, Claudia (not in RePEc) Müller, Stephan (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

We theoretically and experimentally study the evolution of strategies reflecting different moral judgments under indirect reciprocity. We fully characterize the asymptotically stable sets of rest points. In all cooperative rest points multiple strategies coexist. This offers an explanation for the heterogeneity in moral judgments among humans. The behavior prescribed by the predicted strategies can rationalize the design of real-life reputation systems, which are set up to resolve problems of moral hazard. In our laboratory experiment, we find that more than 75% of participants play strategies that belong to the predicted set of strategies.

Technical Details

RePEc Handle
repec:eee:gamebe:v:126:y:2021:i:c:p:251-277
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25