Shapley value redistribution of social wealth fosters cooperation in social dilemmas
Przemysław Krawczyk and
Tadeusz Płatkowski
Physica A: Statistical Mechanics and its Applications, 2018, vol. 492, issue C, 2111-2122
Abstract:
We consider multiplayer social dilemma games played in a large population. The members of the population interact in randomly formed coalitions. Each coalition generates a social wealth (value), which is distributed among the coalition members according to their Shapley values. Evolution of the whole population is governed by the replicator equation. We demonstrate that application of the Shapley value fosters the time asymptotic cooperation in populations for various types of multiplayer social dilemmas.
Keywords: Multiplayer social dilemmas; Shapley value; Replicator dynamics; Cooperation (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:492:y:2018:i:c:p:2111-2122
DOI: 10.1016/j.physa.2017.11.128
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