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Cooperation And Wealth

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  • Stark, Oded

Abstract

We calculate the equilibrium fraction of cooperators in a population in which payoffs accrue from playing a single-shot prisoner's dilemma game. Individuals who are hardwired as cooperators or defectors are randomly matched into pairs, and cooperators are able to perfectly find out the type of a partner to a game by incurring a recognition cost. We show that the equilibrium fraction of cooperators relates negatively to the population's level of wealth.

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File URL: http://purl.umn.edu/18763
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Bibliographic Info

Paper provided by University of Bonn, Center for Development Research (ZEF) in its series Discussion Papers with number 18763.

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Date of creation: 2003
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Handle: RePEc:ags:ubzefd:18763

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Keywords: Research Methods/ Statistical Methods;

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  1. Ken Binmore, 1998. "Game Theory and the Social Contract - Vol. 2: Just Playing," MIT Press Books, The MIT Press, edition 1, volume 2, number 0262024446, December.
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Cited by:
  1. SAVVATEEV, Alexei & STARK, Oded, 2005. "An evolutionary explanation for the propensity to migrate," CORE Discussion Papers 2005038, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).

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