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We investigate the scope for cooperation within a community engaged in repeated reciprocal interactions. Players seek the help of others and approach them sequentially according to some fixed order, that is, a ranking profile. We study the ranking profiles that are most effective in sustaining...
Persistent link: https://www.econbiz.de/10010352860
We investigate the scope for cooperation within a community engaged in repeated reciprocal interactions. Players seek the help of others and approach them sequentially according to some fixed order, that is, a ranking profile. We study the ranking profiles that are most effective in sustaining...
Persistent link: https://www.econbiz.de/10010602394
The present paper proposes a simple model for studying the interplay between self-enforcing cooperation and network formation. In particular, the model provides an answer to the ancient question of how cooperative behavior emerges in different communities and how the possibility of behaving...
Persistent link: https://www.econbiz.de/10014027935
We investigate the scope for cooperation within a community engaged in repeated reciprocal interactions. Players seek the help of others and approach them sequentially according to some fixed order, that is, a ranking profile. We study the ranking profiles that are most effective in sustaining...
Persistent link: https://www.econbiz.de/10009684223
This paper studies monitoring and punishment behavior by second and third parties in a cooperation experiment with endogenous information structures: Players are uninformed whether the target player cooperated or defected at the cooperation stage, but can decide to resolve the information...
Persistent link: https://www.econbiz.de/10009771159
Community enforcement is an important device for sustaining efficiency in some repeated games of cooperation. We investigate cooperation when information about players' reputations spreads to their future partners through links in a social network that connects them. We find that information...
Persistent link: https://www.econbiz.de/10011928009
People are embedded in multiple social relations. These relations are not isolated from each other. Do different networks overlap and why? We focus on the following question: When an agent has a new relation to add, would they choose to multiplex, i.e., to link with a friend or a stranger? The...
Persistent link: https://www.econbiz.de/10013237181
Community enforcement is an important device for sustaining efficiency in some repeated games of cooperation. We investigate cooperation when information about players' reputations spreads to their future partners through links in a social network that connects them. We find that information...
Persistent link: https://www.econbiz.de/10011773641
We investigate the scope for cooperation in a community engaged in repeated interactions. Players seek the help of others and approach them sequentially according to some fixed order. This defines a ranking profile: a list for each player describing the order in which he approaches other players...
Persistent link: https://www.econbiz.de/10011077020
A fundamental question in social sciences is how trust emerges. We provide an answer which relies on the formation of social and economic relationships. We argue that behind trust lies the fact that individuals invest in connections taking into account the potential externalities networks...
Persistent link: https://www.econbiz.de/10014029121