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Evolution and utilitarianism: Social contract III

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  • Ken Binmore

Abstract

The paper takes the simplest possible bargaining game as a paradigm for the coordination problem—i.e. the problem of selecting an equilibrium when many are available. The aim is to explore the circumstances under which evolution will lead to a utilitarian conclusion. Copyright George Mason University 1990

Suggested Citation

  • Ken Binmore, 1990. "Evolution and utilitarianism: Social contract III," Constitutional Political Economy, Springer, vol. 1(2), pages 1-26, March.
    • Handle: RePEc:kap:copoec:v:1:y:1990:i:2:p:1-26
    DOI: 10.1007/BF02393038
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    References listed on IDEAS

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    1. Joseph Farrell, 1987. "Cheap Talk, Coordination, and Entry," RAND Journal of Economics, The RAND Corporation, vol. 18(1), pages 34-39, Spring.
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    Cited by:

    1. K. Binmore & L. Samuelson, 2010. "Evolutionary Stability in Repeated Games Played by Finite Automata," Levine's Working Paper Archive 561, David K. Levine.

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