Abstract

The public goods game is a famous example illustrating the tragedy of the commons (Hardin in Science 162:1243–1248, 1968). In this game cooperating individuals contribute to a pool, which in turn is distributed to all members of the group, including defectors who reap the same rewards as cooperators without having made a contribution before. The question is now, how to incentivize group members to all cooperate as it maximizes the common good. While costly punishment (Helbing et al. in New J Phys 12:083005, 2010) presents one such method, the cost of punishment still reduces the common good. The selfishness of the group members favors defectors. Here we show that including other members of the groups and sharing rewards with them can be another incentive for cooperation, avoiding the cost required for punishment. Further, we show how punishment and this form of inclusiveness interact. This work suggests that a redistribution similar to a basic income that is coupled to the economic success of the entire group could overcome the tragedy of the commons.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.