Paradox lost: Explaining and modeling seemingly random individual behavior in social dilemmas
Joe Oppenheimer,
Stephen Wendel and
Norman Frohlich
Additional contact information
Joe Oppenheimer: Department of Government and Politics, University of Maryland, USA, joppenheimer@gvpt.umd.edu
Stephen Wendel: Department of Government and Politics, University of Maryland, USA
Norman Frohlich: Asper School of Business, University of Manitoba, Canada and Department of Social and Preventive Medicine, University of Montreal, Canada
Journal of Theoretical Politics, 2011, vol. 23, issue 2, 165-187
Abstract:
Despite a large body of experimental data demonstrating consistent group outcomes in social dilemmas, a close look at individual behavior at the micro level reveals a more complicated story. From round to round, individual behavior appears to be almost random. Using a combination of formal deduction and agent-based simulations, we argue that any theory of individual choice that accounts for the observed behavior of real people is likely to require 1) premises of probabilistic choice, 2) preferences that are a function of others’ previous behavior (i.e., context dependent), and 3) preferences that are other-regarding rather than simply self-interested. We present a model that fits the requirements.
Keywords: agent-based modeling; other-regarding preferences; rationality; self-interest context-dependent preferences; social dilemmas; voluntary contribution mechanism. (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jothpo:v:23:y:2011:i:2:p:165-187
DOI: 10.1177/0951629811398687
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