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Long-run selection and the work ethic

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Author Info
Josephson, Jens
Wärneryd, Karl

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Abstract

That individuals contribute in social dilemma interactions even when contributing is costly is a well-established observation in the experimental literature. Since a contributor is always strictly worse off than a non-contributor the question is raised if an intrinsic motivation to contribute can survive in an evolutionary setting. Applying stochastic evolutionary dynamics we give conditions for equilibria with a positive number of contributors to be selected in the long run.

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File URL: http://www.sciencedirect.com/science/article/B6WFW-4PSK8WJ-2/1/e8aebdc5f64376cb0d3f90f296450b8d
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Publisher Info
Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 63 (2008)
Issue (Month): 1 (May)
Pages: 354-365
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Handle: RePEc:eee:gamebe:v:63:y:2008:i:1:p:354-365

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Web page: http://www.elsevier.com/locate/inca/622836

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  8. Schlag, Karl H., 1998. "Why Imitate, and If So, How?, : A Boundedly Rational Approach to Multi-armed Bandits," Journal of Economic Theory, Elsevier, vol. 78(1), pages 130-156, January. [Downloadable!] (restricted)
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  9. José Apesteguía & Steffen Huck & Jorg Oechssler, 2003. "Imitation-Theory and Experimental Evidence-," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 0306, Departamento de Economía - Universidad Pública de Navarra. [Downloadable!]
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  15. Bengt Holmstrom, 1982. "Moral Hazard in Teams," Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 324-340, Autumn. [Downloadable!] (restricted)
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