Understanding reciprocity
Article Abstract:
Pervasive and economically significant phenomenon in human interaction is termed as reciprocity. In case, the propensity to punish selfish actions induce the opportunists to cooperate under sporadic interactions, reciprocity can be stable.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2003
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Nash equilibrium and the evolution of preferences
Article Abstract:
Research is presented concerning the use of a normal form game with a group of players who have been randomly matched. The preferences and optimal actions of the individuals playing the game are discussed.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2001
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Preference evolution and reciprocity
Article Abstract:
Research is presented concerning the development of an evolutionary reciprocity theory which shows that reciprocal preferences are an aspect of preference interdependence in a class of aggregative games.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2001
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