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Fairness emergence from zero-intelligence agents

Source: Phys. Rev. E 81, 026104 (2010); doi:10.1103/PhysRevE.81.026104

Published 11 February 2010

PACS
  • 89.65.Ef
    Social organizations; anthropology
  • 87.23.Ge
    Dynamics of social systems
  • 02.50.Le
    Decision theory and game theory
  • 87.10.Rt
    Monte Carlo simulations (biological/medical physics)
  • YEAR: 2010
PUBLICATION DATA
ISSN:
1553-9628 (online)
Publisher:
AIP is a member of CrossRef APS
Wen-Qi Duan1,2 and H. Eugene Stanley2
1School of Business Administration, Zhejiang Normal University, Jinhua 321004, People's Republic of China
2Center for Polymer Studies and Department of Physics, Boston University, Boston, Massachusetts 02215, USA

Fairness plays a key role in explaining the emergence and maintenance of cooperation. Opponent-oriented social utility models were often proposed to explain the origins of fairness preferences in which agents take into account not only their own outcomes but are also concerned with the outcomes of their opponents. Here, we propose a payoff-oriented mechanism in which agents update their beliefs only based on the payoff signals of the previous ultimatum game, regardless of the behaviors and outcomes of the opponents themselves. Employing adaptive ultimatum game, we show that (1) fairness behaviors can emerge out even under such minimalist assumptions, provided that agents are capable of responding to their payoff signals, (2) the average game payoff per agent per round decreases with the increasing discrepancy rate between the average giving rate and the average asking rate, and (3) the belief update process will lead to 50%-50% fair split provided that there is no mutation in the evolutionary dynamics. ©2010 The American Physical Society
History: Received 10 September 2009; revised 11 November 2009; published 11 February 2010
Permalink: http://link.aps.org/abstract/PRE/v81/e026104
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