Arbeitspapier
A Dynamic Game with Interaction between Kantian Players and Nashian Players
This paper defines the concept of feedback Kant-Nash equilibrium for a discrete-time model of resource exploitation by infinitely-lived Kantian and Nashian players, where we define Kantian agents as those who act in accordance with the categorical imperative. We revisit a well-known dynamic model of the tragedy of the commons and ask what would happen if not all agents are solely motivated by self interest. We establish that even without external punishment of violation of social norms, if a sufficiently large fraction of the population consists of Kantian agents, the tragedy of the commons can be substantially mitigated.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 7729
- Classification
-
Wirtschaft
Cooperative Games
Externalities
Social Choice; Clubs; Committees; Associations
- Subject
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Kantian equilibrium
rule of behavior
categorical imperative
- Event
-
Geistige Schöpfung
- (who)
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Long, Ngo Van
- Event
-
Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2019
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Long, Ngo Van
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2019
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