Maxmin, coalitions and evolution

Jonathan Newton and Miharu Naono

Games and Economic Behavior, 2025, vol. 153, issue C, 474-498

Abstract: Maxmin decision making can take place at an individual or a coalitional level. We allow evolution to choose between the two, determining the relative shares of individual and coalitional decision making. We consider factors that favor or disfavor the evolution of coalitionality and apply our framework to social dilemmas, oligopolistic price competition and voting on committees.

Keywords: Maxmin; Coalitions; Evolution (search for similar items in EconPapers)
JEL-codes: C71 C73 D01 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S089982562500106X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:153:y:2025:i:c:p:474-498

DOI: 10.1016/j.geb.2025.08.002

Access Statistics for this article

Games and Economic Behavior is currently edited by E. Kalai

More articles in Games and Economic Behavior from Elsevier
Bibliographic data for series maintained by Catherine Liu ().