Search Results - subject:"Span of interaction"

In search of an evolutionary edge: trading with a few, more, or many

Stark, Oded; Behrens, Doris A. - Zentrum für Entwicklungsforschung (ZEF), Rheinische … - 2010

, where m is termed the "span of interaction." Trade is governed by a prisoner’s dilemma "rule of engagement." A farmer … payoffs, it is shown that a large span of interaction is detrimental to the long-run coexistence of cooperation and defection … m/2 neighbors to the right. When a farmer dies, his son takes over. The son who adheres to his father’s span of …

Persistent link: https://www.econbiz.de/10008678017

An Evolutionary Edge of Knowing Less (or: On the "Curse" of Global Information)

Stark, Oded; Behrens, Doris A. - Zentrum für Entwicklungsforschung (ZEF), Rheinische … - 2009

Consider a population of farmers who live around a lake. Each farmer engages in trade with his two adjacent neighbors. The trade is governed by a prisoner’s dilemma “rule of engagement.” A farmer’s payoff is the sum of the payoffs from the two prisoner’s dilemma games played with his...

Persistent link: https://www.econbiz.de/10004973988

In search of an evolutionary edge: trading with a few, more, or many

Stark, Oded; Behrens, Doris - In: Journal of Evolutionary Economics 21 (2011) 5, pp. 721-736

Persistent link: https://www.econbiz.de/10009404493

An evolutionary edge of knowing less (or: On the ‘curse’ of global information)

Stark, Oded; Behrens, Doris - In: Journal of Evolutionary Economics 20 (2010) 1, pp. 77-94

Persistent link: https://www.econbiz.de/10008458212