Abstract
This paper deals with the problem of explaining the survival of cooperative behavior in populations in which each person interacts only with a small set of social 'neighbors', and individuals adjust their behavior over time by myopically imitating more successful strategies within their own neighborhood. We identify two parameters-the interaction radius and the benefit-cost ratio-which jointly determine whether or not cooperation can survive. For each value of the interaction radius, there exists a critical value of the benefit-cost ratio which serves as the threshold below which cooperation cannot be sustained. This threshold itself declines as the interaction radius rises, so there is a precise sense in which dense networks are more conducive to the evolution of cooperation.
Original language | English |
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Pages (from-to) | 623-646 |
Number of pages | 24 |
Journal | Journal of Evolutionary Economics |
Volume | 17 |
Issue number | 5 |
DOIs | |
Publication status | Published - Oct 2007 |
Keywords
- Cooperation
- Evolution
- Local interaction