Advertisement

Partner Choice and Cooperation in Networks

Theory and Experimental Evidence

  • Aljaž Ule

Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 598)

About this book

Introduction

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.

Keywords

Cooperation Dilemma Laboratory Experiments Markov Chain Markov Chains Negotiation Networks Partner Choice Simulation behavior game theory linear optimization

Authors and affiliations

  • Aljaž Ule
    • 1
  1. 1.AmsterdamThe Netherlands

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-540-73016-3
  • Copyright Information Springer-Verlag Berlin Heidelberg 2008
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Behavioral Science
  • Print ISBN 978-3-540-73015-6
  • Online ISBN 978-3-540-73016-3
  • Series Print ISSN 0075-8442
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking