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Aquila non captat muscas :Homo Economicus between exploration and exploitation

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  • Friedrich, Thomas

Abstract

Three different strategic types of ensembles are compared on basis of their calculated superadditive net profit. The superadditive and peaceful ensemble of two Homo Economicus serves us with the starting value. From there two ensemble types emerge rearranging substrate within the ensemble through exploitation with force and deception of source and/or sink. An increasing transfer of substrate will, after an initial increase of rational superadditivity, finally lead to a dominating amount of irrational subadditivity. They are a conditional and an unconditional violent and deceptive ensemble. A third type, not rearranging substrate within the ensemble, is able to increase superadditivity by exploration and transfer from the outside of the ensemble. Dependent ensembles with a master and independent ensembles are considered. A low (realistic) finding probability for new substrate is assumed in all examples. The unconditional violent and deceptive ensemble is in most of the cases superior according to the maximal possible superadditivity. This is altered after consideration of the investments necessary. Besides the three pure types also mixed types are investigated. Mixed strategic types are constructed assuming a mosaic structure of pure behaviour. The result is the topography of superadditivity or subadditivity. With this topography it becomes possible to assess the maximal investment for force and deception and compare the strategies. Extreme subadditivity can be avoided by a revolution of the transfer direction or by a recreation of the starting conditions.

Suggested Citation

  • Friedrich, Thomas, 2016. "Aquila non captat muscas :Homo Economicus between exploration and exploitation," MPRA Paper 75601, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:75601
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    References listed on IDEAS

    as
    1. Friedrich, Thomas & Köpper, Wilhelm, 2013. "Schumpeter´s Gale: Mixing and compartmentalization in Economics and Biology," MPRA Paper 45405, University Library of Munich, Germany.
    2. Manfred Milinski & Christian Hilbe & Dirk Semmann & Ralf Sommerfeld & Jochem Marotzke, 2016. "Humans choose representatives who enforce cooperation in social dilemmas through extortion," Nature Communications, Nature, vol. 7(1), pages 1-9, April.
    3. Friedrich, Thomas, 2014. "Entanglement by Genes or Shares; Hamilton´s rule of kin selection revisited," MPRA Paper 60267, University Library of Munich, Germany.
    4. Friedrich, Thomas, 2014. "Work cycles of independent ensembles," MPRA Paper 55090, University Library of Munich, Germany.
    5. Friedrich, Thomas, 2015. "The limits of wise exploitation in dependent and independent symmetric ensembles," MPRA Paper 68250, University Library of Munich, Germany.
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    Cited by:

    1. Friedrich, Thomas, 2023. "A positive net profit strategy and a pure substrate transfer strategy are both necessary for an ensemble to succeed in the presence of a fixed cost," MPRA Paper 117108, University Library of Munich, Germany.
    2. Friedrich, Thomas, 2019. "Transfers by force and deception lead to stability in an evolutionary learning process when controlled by net profit but not by turnover," MPRA Paper 92724, University Library of Munich, Germany.
    3. Friedrich, Thomas, 2019. "How peaceful is the harmony of source and sink?," MPRA Paper 96764, University Library of Munich, Germany.
    4. Friedrich, Thomas, 2018. "Evolution towards higher net profit in a population of ensembles of ensembles leads to division of labour," MPRA Paper 85517, University Library of Munich, Germany.

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    More about this item

    Keywords

    utility function; source; sink; ensemble; supply; demand; violence; deception; framing effect; exploration; exploitation; superadditivity; subadditivity; Homo Economicus;
    All these keywords.

    JEL classification:

    • Z0 - Other Special Topics - - General

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