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- W172090135 abstract "Why should we model two-person random interactions in everyday human activity? Ifwe had to how would we model such interactions? This thesis tries to understand howindividuals will behave in 2-person everyday interactions as such interactions comprisea substantial part of our everyday lives. It starts to answers these questions by reviewingAdam Smith’s concepts of selfishness (self-interest) and altruism (benevolence) in hisbooks, An Inquiry into the Nature and Causes of the Wealth of Nations (1776) and TheTheory of Moral Sentiments (1790) to put this research into context. This literaturereview is extended to strong reciprocity that develops on the ideas of selfishness andaltruism and explains how punishment can impact such behaviour. Game theory andcomplex system are used to develop the 2-person random interaction model (2PRIM) inorder to explain the evolutionary dynamics of selfishness, altruism and strongreciprocity within such interactions. Previous two-person models have not simulatedrandom interactions with strong reciprocity. Results show that selfishness increasesrapidly in such interactions and punishment has little or no impact in such situations.However, an increase in the return on selfishness, common or public good or cost ofcompetition in 2PRIM can have a similar impact as strong reciprocity in such two-personrandom interactions." @default.
- W172090135 created "2016-06-24" @default.
- W172090135 creator A5072685183 @default.
- W172090135 date "2011-01-01" @default.
- W172090135 modified "2023-09-24" @default.
- W172090135 title "Selfishness, altruism and utility in everyday two-person random interactions: effects of strong reciprocity, the common good and the costs of competition" @default.
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