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Physics > Physics and Society

Title: Competition between self- and other-regarding preferences in resolving social dilemmas

Abstract: Evolutionary game theory assumes that individuals maximize their benefits when choosing strategies. However, an alternative perspective proposes that individuals seek to maximize the benefits of others. To explore the relationship between these perspectives, we develop a model where self- and other-regarding preferences compete in public goods games. We find that other-regarding preferences are more effective in promoting cooperation, even when self-regarding preferences are more productive. Cooperators with different preferences can coexist in a new phase where two classic solutions invade each other, resulting in a dynamical equilibrium. As a consequence, a lower productivity of self-regarding cooperation can provide a higher cooperation level. Our results, which are also valid in a well-mixed population, may explain why other-regarding preferences could be a viable and frequently observed attitude in human society.
Comments: 22 pages, 6 figures, accepted for publication at New Journal of Physics
Subjects: Physics and Society (physics.soc-ph); Statistical Mechanics (cond-mat.stat-mech); Computer Science and Game Theory (cs.GT)
Journal reference: New J. Phys. 26 (2024) 053018
DOI: 10.1088/1367-2630/ad3f3e
Cite as: arXiv:2405.04518 [physics.soc-ph]
  (or arXiv:2405.04518v1 [physics.soc-ph] for this version)

Submission history

From: Chaoqian Wang [view email]
[v1] Tue, 7 May 2024 17:51:05 GMT (689kb,D)

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