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This chapter critically analyses contributions to evolutionary game theory by such writers as Robert Trivers, John Maynard-Smith, and Robert Axelrod. It develops four key arguments. First, that the behavioral propensities that manifest themselves in altruistic behavior are empirically relevant,...
Persistent link: https://www.econbiz.de/10014219383
This paper presents an evolutionary model in which altruists and egoists simultaneously survive natural selection. Successive generations of randomly paired agents play a two-stage game consisting first of a choice of technology and second a choice of effort level. This setting induces a form of...
Persistent link: https://www.econbiz.de/10014159835
This paper studies the evolution of both characteristics of reciprocity - the willingness to reward friendly behavior and the willingness to punish hostile behavior. Firstly, preferences for rewarding as well as preferences for punishing can survive evolution provided individuals interact within...
Persistent link: https://www.econbiz.de/10010440934
This paper represents the third part of a research work dealing with the integration of economic efficiency and equity considered as a no-envy concept. Specifically, I examine here the problem of reduction of the malicious envy in a cultural evolutionary context. In fact, both in the case of...
Persistent link: https://www.econbiz.de/10014126863
Modern software development involves collaborative efforts and re-use of existing software packages and libraries, to reduce the cost of developing new software. However, package dependencies expose developers to the risk of contagion from bugs or other vulnerabilities. We study the formation of...
Persistent link: https://www.econbiz.de/10014263943
I study the incentives of Cournot duopolists to share their technologies with their competitor in markets where intellectual property rights are absent and imitation is costless. The trade-off between a signaling effect and an expropriation effect determines the technology-sharing incentives. In...
Persistent link: https://www.econbiz.de/10003905806
Persistent link: https://www.econbiz.de/10001575222
We investigate a setting in which members of a population, bifurcated into a majority and a minority, transact with randomly matched partners. All members are uniformly altruistic, and each transaction can be carried out cooperatively or through a market mechanism, with cooperative transactions...
Persistent link: https://www.econbiz.de/10001605246
I study attitudes towards risk taking in cases where a person relates to others positively, namely altruistically. This study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks. Will this person's risk-taking behavior differ if the...
Persistent link: https://www.econbiz.de/10014394252
The purpose of this paper is to provide a general proposition of the relationship between altruism and risk taking. As explained in the body of the paper, we diverge from a result reported in Stark et al. (2022) and provide an expansion and a generalization of a preliminary result reported in...
Persistent link: https://www.econbiz.de/10015143943