Detail publikace

The Rise and Fall of Confessions: An Evolutionary Game Theory Approach

Autor: doc. PhDr. Martin Gregor Ph.D.,
Typ: Články ve sborníku
Rok: 2005
Číslo:
ISSN / ISBN:
Publikováno v: Lehoczky, L. & L. Kalmar, eds. (2005). 5th International Conference of PhD Students. University of Miskolc, Miskolc. ISBN: 963-661-6760.
Místo vydání:
Klíčová slova:
JEL kódy:
Citace:
Granty: GACR 402/05/H510 Ekonomická teorie politických trhů Výzkumný záměr IES (2005-2011) Integrace české ekonomiky do Evropské unie a její rozvoj
Abstrakt: Man needs to confess in order to make life meaningful. From that perspective, confession is an economic good entering utility function. Confessions however include unverifiable statements, which prevent rational actors from choosing optimal confessions ex ante. Confessions must be selected differently, namely in an evolutionary contest when a high relative utility increases the likelihood of survival.
In the paper, I provide with an evolutionary competition of confessions. Members with different confessions meet in repeated bilateral interactions and receive payoffs. I distinguish between strength (intensity) and intolerance (extensity) of confessions. The thrust of the paper is to identify stability conditions using a simple concept of evolutionarily stable strategies. The main result is that extensive (intolerant/evangelical) confessions are vulnerable in heterogeneous societies, even if in homogeneous societies they have evolutionary fitness as large as tolerant confessions.

Partneři

Deloitte

Sponzoři

CRIF
McKinsey
Patria Finance