Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
6371254 | Journal of Theoretical Biology | 2012 | 8 Pages |
Abstract
⺠We extend the public goods game to include institutional reward and/or punishment. ⺠Evolutionary stability under the replicator and canonical equations is characterized. ⺠Combined reward and punishment promotes fully cooperative Nash equilibrium (NE). ⺠For institutional reward, a globally stable, partially cooperative NE emerges. ⺠For institutional punishment, no cooperation and full cooperation are both stable NE.
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Authors
Ross Cressman, Jie-Wen Song, Bo-Yu Zhang, Yi Tao,