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The stag-hunt game is a prototype for social contracts. Adopting a new and better social contract is usually challenging because the current one is already well established and stable due to sanctions imposed on non-conforming members. Thus, how does a population shift from the current social...
Persistent link: https://www.econbiz.de/10014422635
This literature review focuses on cultural-related studies and game theory. First of all, it analyzes how social dynamics and strategic interactions can be shaped by different cultural environments. Secondly, it examines how cultural norms can affect strategic decision making and how game theory...
Persistent link: https://www.econbiz.de/10015073248
A critical issue in auditing is provisioning of reasonable assurance that the financial reports are free from material misstatements. The auditing detection problem can be viewed as a two-player game between the auditor and the auditee where the auditor aims at eliminating misstatements,...
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Population games describe strategic interactions among large numbers of small, anonymous agents. Behavior in these games is typically modeled dynamically, with agents occasionally receiving opportunities to switch strategies, basing their choices on simple myopic rules called revision protocols...
Persistent link: https://www.econbiz.de/10014025446
Social norms are customary or ideal forms of behavior to which individuals in a group try to conform. From an analytical standpoint, the key feature of social norms is that they induce a positive feedback loop between individual and group behavior: the more widely that a norm is practiced by...
Persistent link: https://www.econbiz.de/10014025695
In most previous studies of public goods game, individuals conventionally donate their contributions equally to the games they participate in. We develop an extended public goods game model, in which individuals distribute their contributions based on the groups’ qualities. Namely, the...
Persistent link: https://www.econbiz.de/10010588678
We study how initial network structure affects the evolution of cooperation in a spatial prisoner’s dilemma game. The network structure is characterized by various statistical properties. Among those properties, we focus on the variance of the degree distribution, and inquire how it affects...
Persistent link: https://www.econbiz.de/10010589457