Abstract
This paper proposes a possible mechanism for obtaining sizeable behavioral structures by simulating a network–agent dynamic on an evolutionary public good game with available social .learning. The model considers a population with a fixed number of players. In each round, the chosen players may contribute part of their value to a common pool. Then, each player may imitate the strategy of another player based on relative payoffs (whoever has the lower payoff adopts the strategy of the other player) and change his or her strategy using different exploratory variables. Relative payoffs are subject to incentives, including participation costs, but may also be subject to mutation, whose rate is sensitized by the network characteristics (social ties). The process discussed in this report is interesting and relevant across a broad range of disciplines that use game theory, including cultural evolutionary dynamics.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
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.