Sense making and information in an agent-based model of cooperation

Caterina Cruciani (), Anna Moretti and Paolo Pellizzari
Additional contact information
Caterina Cruciani: Ca’ Foscari University, Venice and School for Advanced Studies in Venice

Chapter Chapter 11 in Managing Market Complexity, 2012, pp 127-139 from Springer

Abstract: Abstract This paper studies the profile of cooperation emerging in a context in which agents may choose to join one of two groups or stay on their own, in a world where similarity across peers matters. In particular, we investigate the role of heterogeneity in individual contributions, of the level of information and of in-group processes of convergence in values (sense making) in fostering higher levels of cooperation, assessed through higher participation rates to groups. Starting from the result that more heterogeneity reduces participation, we show that increasing the level of information available to subjects and activating sense-making dynamics are able to support higher cooperation levels, which, however, come at the cost of increased radicalization of agent types within group.

Keywords: Sense Making; High Participation Rate; Indirect Reciprocity; Wealthy Individual; Rich Individual (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Sense making and information in an agent-based model of cooperation (2012)
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:spr:lnechp:978-3-642-31301-1_11

Ordering information: This item can be ordered from
http://www.springer.com/9783642313011

DOI: 10.1007/978-3-642-31301-1_11

Access Statistics for this chapter

More chapters in Lecture Notes in Economics and Mathematical Systems from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().