Social Cognition in the Evolutionary Chicken Game
This paper explores a model of bounded rationality in evolutionary game play in which agent choice is based on a social psychological process of categorization and social inference. The computer simulation of the model demonstrates that agents' increasing ability to categorize opponents in the chicken game affords a higher population average payoff and introduces increasing social stratification among them. Greater trait diversity and population size are shown to have a harmful effect on payoffs. A VERSION OF THIS PAPER IS FORTHCOMING IN COMPUTATIONAL ECONOMICS UNDER THE TITLE "THE COGNITIVE ORGINS OF SOCIAL STRATIFICATION".
|Date of creation:||10 Oct 2001|
|Date of revision:||10 Apr 2001|
|Contact details of provider:|| Postal: |
Phone: +44 (0) 115 84 66602
Fax: +44 (0) 115 84 66667
Web page: http://www.nottingham.ac.uk/business/Divisions/EconomicsFinance/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Eric J. Johnson & John W. Payne, 1985. "Effort and Accuracy in Choice," Management Science, INFORMS, vol. 31(4), pages 395-414, April.
- Oliver Kirchkamp, 1994.
"Spatial Evolution of Automata in the Prisoners' Dilemma,"
Game Theory and Information
9403003, EconWPA, revised 18 May 1994.
- Kirchkamp, Oliver, 2000. "Spatial evolution of automata in the prisoners' dilemma," Journal of Economic Behavior & Organization, Elsevier, vol. 43(2), pages 239-262, October.
- Kirchkamp, Oliver, 1995. "Spatial Evolution of Automata in the Prisoners' Dilemma," Discussion Paper Serie B 330, University of Bonn, Germany.
- Kandori, M. & Mailath, G.J., 1991.
"Learning, Mutation, And Long Run Equilibria In Games,"
71, Princeton, Woodrow Wilson School - John M. Olin Program.
- Kandori, Michihiro & Mailath, George J & Rob, Rafael, 1993. "Learning, Mutation, and Long Run Equilibria in Games," Econometrica, Econometric Society, vol. 61(1), pages 29-56, January.
- M. Kandori & G. Mailath & R. Rob, 1999. "Learning, Mutation and Long Run Equilibria in Games," Levine's Working Paper Archive 500, David K. Levine.
- Holland, John H & Miller, John H, 1991. "Artificial Adaptive Agents in Economic Theory," American Economic Review, American Economic Association, vol. 81(2), pages 365-71, May.
- Young, H Peyton, 1993. "The Evolution of Conventions," Econometrica, Econometric Society, vol. 61(1), pages 57-84, January.
- Robert Axtell, Joshua M. Epstein, & H. Peyton Young, . "The Emergence of Economic Classes in an Agent-based Bargaining Model," Computing in Economics and Finance 1997 61, Society for Computational Economics.
- John Conlisk, 1996. "Why Bounded Rationality?," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 669-700, June.
- Robert Hoffmann, 2001. "The Ecology of Cooperation," Theory and Decision, Springer, vol. 50(2), pages 101-118, March.
- Herbert A. Simon, 1996. "The Sciences of the Artificial, 3rd Edition," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262691914, June.
- Miller, John H., 1996. "The coevolution of automata in the repeated Prisoner's Dilemma," Journal of Economic Behavior & Organization, Elsevier, vol. 29(1), pages 87-112, January.
When requesting a correction, please mention this item's handle: RePEc:nub:occpap:2. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Robert Hoffmann)
If references are entirely missing, you can add them using this form.