Affiliation:
1. Aaron and Cherie Raznick Professor of Economics, University of California Santa Barbara, Santa Barbara, CA 93105, USA
Abstract
This paper explores the way in which assortative matching can maintain cooperative behavior under evolutionary dynamics. If encounters are random, then in Prisoner's Dilemma games, defectors necessarily get higher payoffs than cooperators and thus will eventually prevail. But if matching is assortative, the cost of cooperating may be repaid by higher probabilities of playing against a cooperating opponent. This paper shows that a simple index of assortativity allows a unifying treatment of the evolutionary dynamics in a wide variety of models of social encounters.
Publisher
World Scientific Pub Co Pte Lt
Subject
Statistics, Probability and Uncertainty,Business and International Management,General Computer Science
Cited by
147 articles.
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