Skip to main content

To trade, or not to trade; that is the question

  • Chapter
Game Equilibrium Models I

Abstract

The black hamlet is a simultaneous hermaphrodite fish that does not fertilize its own eggs and whose reproductive success is strongly related to the number of eggs of other fish that it fertilizes. Its own eggs are an inducement to other fish to let the fish fertilize their eggs. Consequently, the hamlet engages in egg trading, a mating process in which one fish lets another fertilize its eggs in exchange for allowing it to fertilize the eggs of the other fish.

It would be in a fish’s interest if the partner would spawn first allowing the fish to fertilize the eggs of the other fish while keeping its own eggs as a bargaining chip to make the same arrangement with another fish. Such behavior might not be viable in the long run, as the “gullible” fish would suffer low reproduction rates as compared with the “sophisticated, selfish” fish. Eventually, the latter would have only its own sort to deal with, which might even hamper the mating process. In addition, if male fish could participate in such a process, then male specialization might be more profitable than being an hermaphrodite.

Instead of the preceding scenario, the hamlets egg trade under circumstances in which it is important to use time well. The egg trading process involves two fish spawing alternately, perhaps five or six times each. As a result the fish that spawns first has little at risk. The process is carried out slowly enough that neither fish has an incentive to “kiss and run.”

The purpose of this paper is to model the hamlets’ mating as a game in which their chosen behavior is an equilibrium. We investigate two issues in particular: (1) Is it in the interest of an hermaphrodite fish to behave in a way that sustains the behavior that they follow? (2) If it were possible for hamlets that were specialized as males to deceive hermaphrodites into egg trading, would a population be sustainable in which such males were a significant fraction of the total?

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

eBook
USD 16.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Axelrod, Robert and William D. Hamilton, 1981, “The Evolution of Cooperation,” Science 211, 1390–1396.

    Article  Google Scholar 

  • Fischer, Eric A., 1980, “The Relationship Between Mating System and Simultaneous Hermaphroditism in the Coral Reef Fish, Hypoplectrus Nigricans (Serranidae),” Animal Behavior 28, 620–633.

    Article  Google Scholar 

  • Fischer, Eric A., 1981, “Sexual Allocation in a Simultaneously Hermaphroditic Coral Reef Fish,” The American Naturalist 117, 64–82.

    Article  Google Scholar 

  • Fischer, Eric A., 1986, “Mating Systems of Simultaneous Hermaphroditic Serranid Fishes,” in T. Uyeno, R. Arai, T. Taniuchi, and K. Matsuura, eds. Proceedings of the Second Indo-Pacific Fish Conference, Ichthological Society of Japan, Tokyo, 776–784.

    Google Scholar 

  • Fischer, Eric A., 1988, “Simultaneous Hermaphroditism, Tit-for-Tat, and the Evolutionary Stability of Social Systems,” Ethology and Sociobiology 9, 119–136.

    Article  Google Scholar 

  • Fischer, Eric A. and Chris W. Petersen, 1987, “The Evolution of Sexual Patterns in the Seabasses,” BioScience 37, 482–489.

    Google Scholar 

  • Selten, Reinhard, 1975, “Reexamination of the Perfectness Concept for Equilibrium Points in Extensive Games,” International Journal of Game Theory 4, 25–55.

    Article  Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 1991 Springer-Verlag Berlin Heidelberg

About this chapter

Cite this chapter

Friedman, J.W., Hammerstein, P. (1991). To trade, or not to trade; that is the question. In: Selten, R. (eds) Game Equilibrium Models I. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-02674-8_9

Download citation

  • DOI: https://doi.org/10.1007/978-3-662-02674-8_9

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-08108-8

  • Online ISBN: 978-3-662-02674-8

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics