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The Evolution of Sustainable, Cooperative Behaviour

Royer, F.J. (2017) The Evolution of Sustainable, Cooperative Behaviour. Master's Thesis / Essay, Industrial Engineering and Management.

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Abstract

This research investigates the relationship between cooperation and sustainability in a Public Goods Game. Game Theory and Sustainability have grown in interest over recent years. Yet, they have not been combined in any study. This paper describes how sustainability can be modelled into a Public Goods Game and how this addition aspects the strategic behaviour of a field of players. Including more parameters into the update rule besides pay-off, qualifies the model as quasi-rational. These quasi-rational dynamics have changed the behaviour of a PGG considerably. As the results will show, the new model favours a cooperative strategy even though defection results in a higher pay-off. Similar results have not been experienced in recent literature and provides a gateway to the appreciation of sustainability in a social context (without confirmed ties with profitability).

Item Type: Thesis (Master's Thesis / Essay)
Degree programme: Industrial Engineering and Management
Thesis type: Master's Thesis / Essay
Language: English
Date Deposited: 15 Feb 2018 08:27
Last Modified: 15 Feb 2018 08:27
URI: http://fse.studenttheses.ub.rug.nl/id/eprint/14971

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