HOUSE_OVERSIGHT_026521.txt
HOUSE_OVERSIGHT_026521.txt
Why This Matters
The paper discusses a game theory model of cooperation in which players choose whether or not to cooperate without assessing the costs beforehand.
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The paper discusses a game theory model of cooperation in which players choose whether or not to cooperate without assessing the costs beforehand. The authors propose that this behavior can be explained by a trust-based mechanism, where individuals are more likely to cooperate with others who have demonstrated trustworthy behaviors. The authors also show through simulations and analytical methods that this cooperative equilibrium is stable under various conditions and can increase cooperation frequency compared to equilibria in which players always assess the costs before cooperating.
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