Direct Reciprocity and Model-Predictive Strategy Update Explain the Network Reciprocity Observed in Socioeconomic Networks

Network reciprocity has been successfully put forward (since M. A. Nowak and R. May’s, 1992, influential paper) as the simplest mechanism—requiring no strategical complexity—supporting the evolution of cooperation in biological and socioeconomic systems. The mechanism i...

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Bibliographic Details
Main Authors: Fabio Della Rossa, Fabio Dercole, Anna Di Meglio
Format: Article
Language:English
Published: MDPI AG 2020-03-01
Series:Games
Subjects:
Online Access:https://www.mdpi.com/2073-4336/11/1/16