The economics and evolution of heroic behavior

This study uses a simulation model to explore the causes of ‘extreme civil heroism’: risking one’s life to help a stranger. The model uses a mixture of traditional economic thinking (based on rational self-interest) and human behavioral ecology (based on natural selection). Simulated agents choose b...

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Bibliographic Details
Main Author: Daniel FARHAT
Format: Article
Language:English
Published: General Association of Economists from Romania 2023-09-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1674.pdf
Description
Summary:This study uses a simulation model to explore the causes of ‘extreme civil heroism’: risking one’s life to help a stranger. The model uses a mixture of traditional economic thinking (based on rational self-interest) and human behavioral ecology (based on natural selection). Simulated agents choose between two competing communities (one with heroism and one without) by maximizing expected utility. Which community thrives is observed. Labor productivity, risk tolerance, perspectives on death, emergency response training and accident probability are analyzed as drivers of heroic community success. A preliminary assessment of the model is conducted using data from Eastern Europe. Avenues for future research are described.
ISSN:1841-8678
1844-0029