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Collaborate, compete and share

Academic Article
Publication Date:
2009
abstract:
We introduce and study a model of an interacting population of agents who collaborate in groups which compete for limited resources. Groups are formed by random matching agents and their worth is determined by the sum of the efforts deployed by agents in group formation. Agents, on their side, have to share their effort between contributing to their group's chances to outcompete other groups and resource sharing among partners, when the group is successful. A simple implementation of this strategic interaction gives rise to static and evolutionary properties with a very rich phenomenology. A robust emerging feature is the separation of the population between agents who invest mainly in the success of their group and agents who concentrate in getting the largest share of their group's profits.
Iris type:
01.01 Articolo in rivista
Keywords:
Social and economic systems; Decision theory and game theory
List of contributors:
Pietronero, Luciano; Castellano, Claudio
Authors of the University:
CASTELLANO CLAUDIO
Handle:
https://iris.cnr.it/handle/20.500.14243/35793
Published in:
THE EUROPEAN PHYSICAL JOURNAL. B, CONDENSED MATTER PHYSICS
Journal
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URL

http://dx.doi.org/10.1140/epjb/e2009-00027-5
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