On the coexistence of reciprocity and materialism

Akiko Maruyama

Economics Bulletin, 2007, vol. 3, issue 59, 1-9

Abstract: This paper studies the problem of the long-run preferences distribution in a large population using an evolutionary approach. Special attention is given to the investigation of the property of the mixed population equilibria, in which materialists and reciprocators coexist. Some of the players with reciprocal preference care about not only their own material payoffs but also about those of others, while the remaining ones are materialists who maximize their own material payoffs.

Keywords: Evolution (search for similar items in EconPapers)
JEL-codes: C7 D6 (search for similar items in EconPapers)
Date: 2007-11-13
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.accessecon.com/pubs/EB/2007/Volume3/EB-07C70011A.pdf (application/pdf)

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:ebl:ecbull:eb-07c70011

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().