Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10437780 | Journal of Economic Behavior & Organization | 2005 | 20 Pages |
Abstract
A central problem in the biological and social sciences concerns the conditions required for emergence and maintenance of cooperation among unrelated individuals. Most models and experiments have been pursued in a game-theoretic context and involve reward or punishment. Here, we show that such payoffs are unnecessary, and that stable social groups can sometimes be maintained provided simply that agents are more likely to imitate others who are like them (homophily). In contrast to other studies, to sustain multiple types we need not impose the restriction that agents also choose to make their opinions different from those in other groups.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Richard Durrett, Simon A. Levin,