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Agent base model in public goods game

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  • Chen Yuyou

Abstract

Build some model to describe types of different social preference. Explore all composition of social preference in public game, and find some of them will disobey the dynamics of free riding. Base on the public goods game, we build five types social preference agents, and simulate this agents play public goods game.The dynamics of free riding in public game play key role at the most. And it suggests that selfishness is inevitable. Only in the case that agents in one group are altruism, the contribution will not decline. With the numbers of agents in one group increasing, much more composition can be distinguished as advantageous to improve public welfare. The belief formation mechanism make no sense in repeat game.

Suggested Citation

  • Chen Yuyou, 2015. "Agent base model in public goods game," EcoMod2015 8593, EcoMod.
    • Handle: RePEc:ekd:008007:8593
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    Keywords

    China; Agent-based modeling; Agent-based modeling;
    All these keywords.

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