Who should pay the price? Profiting from selfishness
Friday, May 15, 2015 - 14:30
in Psychology & Sociology
Social dilemmas, in which an individual profits from selfishness, unless the whole group chooses the selfish option, have long provided an academic challenge. A new study theoretically analyzes the effects of incentives and meta-incentives on resolving social dilemmas. Researchers devise and analyze a replicator dynamics model of the extended public good games to solve the issue.