| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062480 | Economics Letters | 2007 | 6 Pages |
Abstract
We show that microeconomic chaotic variations of payoffs in the prisoner's dilemma game maintain cooperation over a broad range of defection temptation values where otherwise economic stalemate reigns. Thus, unpredictability at micro scales impedes mutual defection that inflicts social poverty.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Matjaž Perc,