An Evolutionary Analysis of the Volunteer's Dilemma.
A public good is produced if and only if a volunteer provides it. There are many pure-strategy Nash equilibria in each of which a single player volunteers. Noisy strategy revisions (for instance, quantal responses) allow play to evolve. Equilibrium selection is achieved via the characterisation of l...
Main Authors: | , |
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Format: | Journal article |
Language: | English |
Published: |
2008
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