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Partner Choice and Cooperation in Networks : Theory and Experimental Evidence /

By: Ule, Aljaž [author.].
Contributor(s): SpringerLink (Online service).
Material type: materialTypeLabelBookSeries: Lecture Notes in Economics and Mathematical Systems: 598Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg, 2008.Description: X, 202 p. online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9783540730163.Subject(s): Psychology | Behavioral sciences | Game theory | Economic theory | Microeconomics | Personality | Social psychology | Psychology | Personality and Social Psychology | Economic Theory/Quantitative Economics/Mathematical Methods | Behavioral Sciences | Microeconomics | Game Theory, Economics, Social and Behav. SciencesDDC classification: 155.2 | 302 Online resources: Click here to access online
Contents:
Motivation and Outline -- Basic Concepts of the Theories of Games, Networks and Markov Chains -- The Network Dilemma Game -- Cooperation in Finitely Repeated Network Dilemma Games -- Exclusion and Cooperation in Experiments -- Dynamics of Partner Choice and Cooperation.
In: Springer eBooksSummary: Cooperation is beneficial but may be hard to achieve in situations where the selfish interests of individuals conflict with their common goal, such as in sharing of goods, help, knowledge or information, in trade and pollution negotiations, and in exploitation of common resources. The standard models of such "social dilemmas" assume that the individuals are obliged to participate in the dilemma. These models fail to capture an important element of human interaction: that people are in general free to select their interaction partners. In this book a social dilemma with partner selection is introduced and studied with the methods of formal game theory, experimental economics and computer simulations. It allows exploration of simultaneous dynamics of the network structure and cooperative behavior on this structure. The results of this study show that partner choice strongly facilitates cooperation and leads to networks where free-riders are likely to be excluded.
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E books E books PK Kelkar Library, IIT Kanpur
Available EBK1375
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Motivation and Outline -- Basic Concepts of the Theories of Games, Networks and Markov Chains -- The Network Dilemma Game -- Cooperation in Finitely Repeated Network Dilemma Games -- Exclusion and Cooperation in Experiments -- Dynamics of Partner Choice and Cooperation.

Cooperation is beneficial but may be hard to achieve in situations where the selfish interests of individuals conflict with their common goal, such as in sharing of goods, help, knowledge or information, in trade and pollution negotiations, and in exploitation of common resources. The standard models of such "social dilemmas" assume that the individuals are obliged to participate in the dilemma. These models fail to capture an important element of human interaction: that people are in general free to select their interaction partners. In this book a social dilemma with partner selection is introduced and studied with the methods of formal game theory, experimental economics and computer simulations. It allows exploration of simultaneous dynamics of the network structure and cooperative behavior on this structure. The results of this study show that partner choice strongly facilitates cooperation and leads to networks where free-riders are likely to be excluded.

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