How strategy environment and wealth shape altruistic behaviour: cooperation rules affecting wealth distribution in dynamic networks.

ABSTRACT: Societies rely on individual contributions to sustain public goods that benefit the entire community. Several mechanisms, that specify how individuals change their decisions based on past experiences, have been proposed to explain how altruists are not outcompeted by selfish counterparts. A key aspect of such strategy updates involves a comparison of an individual's latest payoff with that of a random neighbour. In reality, both the economic and social milieu often shapes cooperative behaviour. We propose a new decision heuristic, where the propensity of an individual to cooperate depends on the local strategy environment in which she is embedded as well as her wealth relative to that of her neighbours. Our decision-making model allows cooperation to be sustained and also explains the resu

SUBMITTER: Pathak S 

PROVIDER: S-EPMC7779503 | biostudies-literature | 2020 Dec

REPOSITORIES: biostudies-literature