Cooperation induced by wise incentive allocation in spontaneous institution. (13th September 2016)
- Record Type:
- Journal Article
- Title:
- Cooperation induced by wise incentive allocation in spontaneous institution. (13th September 2016)
- Main Title:
- Cooperation induced by wise incentive allocation in spontaneous institution
- Authors:
- Cong, Rui
Li, Kun
Wang, Long
Zhao, Qianchuan - Abstract:
- Abstract: Institutional incentives such as punishment and rewarding have recently received wide attention in resolving issues of public goods provision that requires collective cooperation. In this letter, we are interested in exploring the effect on cooperation of a spontaneous institution, which rewards its participants exclusively and also takes the social responsibility of punishing interior and exterior free-riders. Drawing support from evolutionary game theory, our results indicate that the splitting ratio of such institution funds plays a decisive role in determining the evolutionary outcome. Rewarding is essential in sustaining the institution, while a certain intensity of punishment ensures a high overall cooperation level. Our results may provide more insights into understanding the roles institutional incentives play in promoting social cooperation.
- Is Part Of:
- Europhysics letters. Volume 115:Number 3(2016:Aug.)
- Journal:
- Europhysics letters
- Issue:
- Volume 115:Number 3(2016:Aug.)
- Issue Display:
- Volume 115, Issue 3 (2016)
- Year:
- 2016
- Volume:
- 115
- Issue:
- 3
- Issue Sort Value:
- 2016-0115-0003-0000
- Page Start:
- Page End:
- Publication Date:
- 2016-09-13
- Subjects:
- 87.23.Kg -- 87.23.Ge -- 02.50.Le
Physics -- Periodicals
Electronic journals
530.05 - Journal URLs:
- http://epljournal.edpsciences.org ↗
http://iopscience.iop.org/0295-5075 ↗
http://www.iop.org/ ↗
http://www.edpsciences.com/euro ↗ - DOI:
- 10.1209/0295-5075/115/38002 ↗
- Languages:
- English
- ISSNs:
- 0295-5075
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library STI - ELD Digital store - Ingest File:
- 16278.xml