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The Agencies Method For Modeling Coalitions And Cooperation In Games

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Author Info
JOHN F. NASH () (Department of Mathematics, Princeton University, USA)

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Abstract

The idea leading to this study originated some time ago when I talked at a gathering of high school graduates at a summer science camp. I spoke about the theme of "the evolution of cooperation" (in Nature) and about how that topic was amenable to studies involving Game Theory (which, more frequently, has been used in research in economics).After that event I was stimulated to think of the possibility of modeling cooperation in games through actions of acceptance in which one player could simply accept the "agency" of another player or of an existing coalition of players.The action of acceptance would have the form of being entirely cooperative, as if "altruistic", and not at all competitive, but there was also the idea that the game would be studied under circumstances of repetition and that every player would have the possibility of reacting in a non-cooperative fashion to any undesirable pattern of behavior of any another player. Thus the game studied would be analogous to the repeated games of "Prisoner's Dilemma" variety that have been studied in theoretical biology.These studies of "PD" (or "Prisoner's Dilemma") games have revealed the paradoxical possibility of the natural evolution of cooperative behavior when the interacting organisms or species are presumed only to be endowed with self-interested motivations, thus motivations of a non-cooperative type.

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Publisher Info
Article provided by World Scientific Publishing Co. Pte. Ltd. in its journal International Game Theory Review.

Volume (Year): 10 (2008)
Issue (Month): 04 ()
Pages: 539-564
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Handle: RePEc:wsi:igtrxx:v:10:y:2008:i:04:p:539-564

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Find related papers by JEL classification:
B4 - Schools of Economic Thought and Methodology - - Economic Methodology
C0 - Mathematical and Quantitative Methods - - General
C6 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming
C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
D5 - Microeconomics - - General Equilibrium and Disequilibrium
D7 - Microeconomics - - Analysis of Collective Decision-Making
M2 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics

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