Evolution of fairness and coalition formation in three-person ultimatum games.

Abstract excerpt

We consider the evolution of fairness and coalition formation in a three-person ultimatum game in which the coalition value depends on its size. Traditional game theory, which assumes selfish and rational players, predicts the largest and efficient coalition with a proposer exploiting most of the total value. In a stochastic evolutionary model (the frequency-dependent Moran process with mutations) where players...

Topics

Share this publication in a Topic to start or enrich a Post.

• Share to Biological Evolution
• Share to Cooperative Behavior
• Share to Game Theory