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Coalitions, tipping points and the speed of evolution

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  • Newton, Jonathan
  • Angus, Simon D.

Abstract

This study considers waiting times for populations to achieve efficient social coordination. Belloc and Bowles [1] conjecture that coalitional behavior will hasten such coordination. This turns out to be true when every member of the population interacts with every other member, but does not extend to more complex networks of interaction. Although it is in the interest of every player to coordinate on a single globally efficient norm, coalitional behavior at a local level can greatly slow, as well as hasten, convergence to efficiency.

Suggested Citation

  • Newton, Jonathan & Angus, Simon D., 2015. "Coalitions, tipping points and the speed of evolution," Journal of Economic Theory, Elsevier, vol. 157(C), pages 172-187.
  • Handle: RePEc:eee:jetheo:v:157:y:2015:i:c:p:172-187
    DOI: 10.1016/j.jet.2015.01.003
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    References listed on IDEAS

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    6. Newton, Jonathan & Sawa, Ryoji, 2015. "A one-shot deviation principle for stability in matching problems," Journal of Economic Theory, Elsevier, vol. 157(C), pages 1-27.
    7. Newton, Jonathan & Angus, Simon D., 2015. "Coalitions, tipping points and the speed of evolution," Journal of Economic Theory, Elsevier, vol. 157(C), pages 172-187.
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    11. Sawa, Ryoji, 2014. "Coalitional stochastic stability in games, networks and markets," Games and Economic Behavior, Elsevier, vol. 88(C), pages 90-111.
    12. Kreindler, Gabriel E. & Young, H. Peyton, 2013. "Fast convergence in evolutionary equilibrium selection," Games and Economic Behavior, Elsevier, vol. 80(C), pages 39-67.
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    14. Marianna Belloc & Samuel Bowles, 2013. "The Persistence of Inferior Cultural-Institutional Conventions," American Economic Review, American Economic Association, vol. 103(3), pages 93-98, May.
    15. Newton, Jonathan, 2012. "Coalitional stochastic stability," Games and Economic Behavior, Elsevier, vol. 75(2), pages 842-854.
    16. Jackson, Matthew O. & Watts, Alison, 2002. "The Evolution of Social and Economic Networks," Journal of Economic Theory, Elsevier, vol. 106(2), pages 265-295, October.
    17. Newton, Jonathan, 2012. "Recontracting and stochastic stability in cooperative games," Journal of Economic Theory, Elsevier, vol. 147(1), pages 364-381.
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    Citations

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    Cited by:

    1. Rusch, Hannes, 2019. "The evolution of collaboration in symmetric 2×2-games with imperfect recognition of types," Games and Economic Behavior, Elsevier, vol. 114(C), pages 118-127.
    2. Simon D Angus & Jonathan Newton, 2015. "Emergence of Shared Intentionality Is Coupled to the Advance of Cumulative Culture," PLOS Computational Biology, Public Library of Science, vol. 11(10), pages 1-12, October.
    3. Sung-Ha Hwang & Jonathan Newton, 2017. "Payoff-dependent dynamics and coordination games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(3), pages 589-604, October.
    4. Goyal, S. & Hernández, P. & Muñnez-Cánovasz, G. & Moisan, F. & Muñoz-Herrera, M. & Sánchez, A., 2017. "Integration and Diversity," Cambridge Working Papers in Economics 1721, Faculty of Economics, University of Cambridge.
      • Sanjeev Goyal & Pénélope Hernández & Guillem Martínez-Cánovas & Frédéric Moisan & Manuel Muñoz-Herrera & Ángel Sánchez, 2020. "Integration and diversity," Post-Print halshs-03051962, HAL.
      • Sanjeev Goyal & Penelope Hernandez & Guillem Martinez-Canovas & Frederic Moisan & Manuel Munoz-Herrera & Angel Sanchez, 2019. "Integration and Diversity," Working Papers 20190025, New York University Abu Dhabi, Department of Social Science, revised Sep 2020.
    5. Bary S. R. Pradelski & Heinrich H. Nax, 2020. "Market sentiments and convergence dynamics in decentralized assignment economies," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(1), pages 275-298, March.
    6. Hwang, Sung-Ha & Lim, Wooyoung & Neary, Philip & Newton, Jonathan, 2018. "Conventional contracts, intentional behavior and logit choice: Equality without symmetry," Games and Economic Behavior, Elsevier, vol. 110(C), pages 273-294.
    7. Newton, Jonathan & Angus, Simon D., 2015. "Coalitions, tipping points and the speed of evolution," Journal of Economic Theory, Elsevier, vol. 157(C), pages 172-187.
    8. Newton, Jonathan, 2017. "Shared intentions: The evolution of collaboration," Games and Economic Behavior, Elsevier, vol. 104(C), pages 517-534.
    9. Newton, Jonathan & Wait, Andrew & Angus, Simon D., 2019. "Watercooler chat, organizational structure and corporate culture," Games and Economic Behavior, Elsevier, vol. 118(C), pages 354-365.
    10. Philip R Neary & Jonathan Newton, 2017. "Heterogeneity in preferences and behavior in threshold models," The Journal of Mechanism and Institution Design, Society for the Promotion of Mechanism and Institution Design, University of York, vol. 2(1), pages 141-159, December.
    11. Newton, Jonathan & Sercombe, Damian, 2020. "Agency, potential and contagion," Games and Economic Behavior, Elsevier, vol. 119(C), pages 79-97.
    12. Jonathan Newton, 2019. "Agency Equilibrium," Games, MDPI, Open Access Journal, vol. 10(1), pages 1-15, March.
    13. Sawa, Ryoji & Wu, Jiabin, 2018. "Reference-dependent preferences, super-dominance and stochastic stability," Journal of Mathematical Economics, Elsevier, vol. 78(C), pages 96-104.
    14. Jonathan Newton, 2018. "Evolutionary Game Theory: A Renaissance," Games, MDPI, Open Access Journal, vol. 9(2), pages 1-67, May.
    15. Nax, Heinrich H. & Newton, Jonathan, 2019. "Risk attitudes and risk dominance in the long run," Games and Economic Behavior, Elsevier, vol. 116(C), pages 179-184.

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    More about this item

    Keywords

    Evolution; Coalition; Social norm; Reform; Conservatism; Networks;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games

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