A Coevolutionary Model of Free Riding Behavior: Replicator Dynamics as an Explanation of the Experimental Results

Found at: https://hdl.handle.net/10535/8226
PDF
Type:	Conference Paper
Author:	Miller, John H.; Andreoni, James
Conference:	Conference on Experimental Research on the Provision of Public Goods and Common-Pool Resources
Location:	Bloomington, IN
Conf. Date:	May 18-20
Date:	1990
URI:	https://hdl.handle.net/10535/8226
Sector:	Theory
Region:
Subject(s):	public goods and bads free riding--models decision making--models
Abstract:	"The predictions of current public goods theory are often inconsistent with the results of public goods experiments. In an effort to understand these anomalies, we propose a simple model of decision making based on evolutionary dynamics. The underlying model appears to be intuitively plausible, and is consistent wit a variety of behavioral models. Despite the model's apparent simplicity, it produces a rich set of predictions. We find a striking parallel between the dynamics generated by this model and the experimental findings. In particular, the model predicts the decay toward free riding, as well as the patterns observed over the various group size and marginal return conditions."

Files in this item

Files	Size	Format	View
A Coevolutionary Model of Free Riding Behavior.pdf	336.7Kb	PDF	View/Open