An Evolutionary Analysis of the Volunteer`s Dilemma
The volunteer`s dilemma is an asymmetric n-player binary-action game in which a public good is provided if and only if at least one player volunteers, and consequently bears some private cost. So long as the value generated for every player exceeds this private cost there are n pure-strategy Nash equilibria in each of which a single player volunteers. Quantal-response strategy revisions allow play to move between the different equilibria. A complete characterisation of long-run play as strategy revisions approximate best replies provides an equilibrium selection device. The volunteer need not be the lowest-cost player: relatively high-cost, but nonetheless stable players may instead provide the public good. The cost of provision is (weakly) reduced when higher values are associated with lower costs.
|Date of creation:||01 Jul 2006|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.economics.ox.ac.uk/
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.:
- Kornhauser, Lewis A. & Rubinstein, Ariel & Wilson, Charles, 1986.
"Reputation and Patience in the “War of Attrition”,"
86-06, C.V. Starr Center for Applied Economics, New York University.
- Kornhauser, Lewis & Rubinstein, Ariel & Wilson, Charles, 1989. "Reputation and Patience in the 'War of Attrition.'," Economica, London School of Economics and Political Science, vol. 56(221), pages 15-24, February.
- David P. Myatt & Chris Wallace, 2006.
"When Does One Bad Apple Spoil the Barrel? An Evolutionary Analysis of Collective Action,"
Economics Series Working Papers
269, University of Oxford, Department of Economics.
- David P. Myatt & Chris Wallace, 2008. "When Does One Bad Apple Spoil the Barrel? An Evolutionary Analysis of Collective Action," Review of Economic Studies, Oxford University Press, vol. 75(2), pages 499-527.
- Gradstein, Mark, 1994. "Efficient Provision of a Discrete Public Good," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(4), pages 877-97, November.
- Blume Lawrence E., 1995.
"The Statistical Mechanics of Best-Response Strategy Revision,"
Games and Economic Behavior,
Elsevier, vol. 11(2), pages 111-145, November.
- Lawrence Blume, 1993. "The Statistical Mechanics of Best-Response Strategy Revision," Game Theory and Information 9307001, EconWPA, revised 26 Jan 1994.
- Palfrey, Thomas R. & Rosenthal, Howard, 1984. "Participation and the provision of discrete public goods: a strategic analysis," Journal of Public Economics, Elsevier, vol. 24(2), pages 171-193, July.
- Carlsson, H. & van Damme, E.E.C., 1990.
"Global games and equilibrium selection,"
1990-52, Tilburg University, Center for Economic Research.
- Carlsson, H. & van Damme, E.E.C., 1993. "Global games and equilibrium selection," Other publications TiSEM 49a54f00-dcec-4fc1-9488-4, Tilburg University, School of Economics and Management.
- Carlsson, H. & Van Damme, E., 1990. "Global Games And Equilibrium Selection," Papers 9052, Tilburg - Center for Economic Research.
- Hans Carlsson & Eric van Damme, 1993. "Global Games and Equilibrium Selection," Levine's Working Paper Archive 122247000000001088, David K. Levine.
- McKelvey Richard D. & Palfrey Thomas R., 1995. "Quantal Response Equilibria for Normal Form Games," Games and Economic Behavior, Elsevier, vol. 10(1), pages 6-38, July.
- BERGIN, James & LIPMAN, Bart, 1994.
"Evolution with State-Dependent Mutations,"
CORE Discussion Papers
1994055, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Blume,L.E. & Durlauf,S.N., 2000. "The interactions-based approach to socioeconomic behavior," Working papers 1, Wisconsin Madison - Social Systems.
- M. Kandori & G. Mailath & R. Rob, 1999.
"Learning, Mutation and Long Run Equilibria in Games,"
Levine's Working Paper Archive
500, David K. Levine.
- 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.
- Kandori, M. & Mailath, G.J., 1991. "Learning, Mutation, And Long Run Equilibria In Games," Papers 71, Princeton, Woodrow Wilson School - John M. Olin Program.
- David P. Myatt & Chris Wallace, 2002.
"A Multinomial Probit Model of Stochastic Evolution,"
Economics Series Working Papers
90, University of Oxford, Department of Economics.
- Myatt, David P. & Wallace, Chris, 2003. "A multinomial probit model of stochastic evolution," Journal of Economic Theory, Elsevier, vol. 113(2), pages 286-301, December.
- repec:sae:ecolab:v:16:y:2006:i:2:p:1-2 is not listed on IDEAS
- Diekmann, Andreas, 1993. "Cooperation in an Asymmetric Volunteer's Dilemma Game: Theory and Experimental Evidence," International Journal of Game Theory, Springer, vol. 22(1), pages 75-85.
- Gradstein, Mark, 1992. "Time Dynamics and Incomplete Information in the Private Provision of Public Goods," Journal of Political Economy, University of Chicago Press, vol. 100(3), pages 581-97, June.
- Justin Pappas Johnson, 2002. "Open Source Software: Private Provision of a Public Good," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 11(4), pages 637-662, December.
- David P. Myatt, 2005. "Instant Exit from the Asymmetric War of Attrition," Economics Series Working Papers 160, University of Oxford, Department of Economics.
- Andreas Diekmann, 1985. "Volunteer's Dilemma," Journal of Conflict Resolution, Peace Science Society (International), vol. 29(4), pages 605-610, December.
- Bliss, Christopher & Nalebuff, Barry, 1984. "Dragon-slaying and ballroom dancing: The private supply of a public good," Journal of Public Economics, Elsevier, vol. 25(1-2), pages 1-12, November.
When requesting a correction, please mention this item's handle: RePEc:oxf:wpaper:270. 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: (Monica Birds)
If references are entirely missing, you can add them using this form.