Arbeitspapier
Cooperation and wealth
We calculate the equilibrium fraction of cooperators in a population in which payoffs accrue from playing a single-shot prisoner's dilemma game. Individuals who are hardwired as cooperators or defectors are randomly matched into pairs, and cooperators are able to perfectly find out the type of a partner to a game by incurring a recognition cost. We show that the equilibrium fraction of cooperators relates negatively to the population's level of wealth.
- Sprache
-
Englisch
- Erschienen in
-
Series: Reihe Ökonomie / Economics Series ; No. 123
- Klassifikation
-
Wirtschaft
Relation of Economics to Social Values
Game Theory and Bargaining Theory: General
- Thema
-
equilibrium fraction of cooperators
population's level of wealth
single-shot prisoner's dilemma game
Gefangenendilemma
Kooperatives Spiel
Vermögen
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Stark, Oded
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for Advanced Studies (IHS)
- (wo)
-
Vienna
- (wann)
-
2002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Stark, Oded
- Institute for Advanced Studies (IHS)
Entstanden
- 2002
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