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The Calculus of Selfishness

The Calculus of Selfishness (Trade Paperback / Paperback)

By Sigmund, Karl

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How does cooperation emerge among selfish individuals? When do people share resources, punish those they consider unfair, and engage in joint enterprises? These questions fascinate philosophers, biologists, and economists alike, for the invisible hand that should turn selfish eff...orts into public benefit is not always at work. The Calculus of Selfishness looks at social dilemmas where cooperative motivations are subverted and self-interest becomes self-defeating. Karl Sigmund, a pioneer in evolutionary game theory, uses simple and well-known game theory models to examine the foundations of collective action and the effects of reciprocity and reputation. Focusing on some of the best-known social and economic experiments, including games such as the Prisoner's Dilemma, Trust, Ultimatum, Snowdrift, and Public Good, Sigmund explores the conditions leading to cooperative strategies. His approach is based on evolutionary game dynamics, applied to deterministic and probabilistic models of economic interactions. Exploring basic strategic interactions among individuals guided by self-interest and caught in social traps, The Calculus of Selfishness analyzes to what extent one key facet of human nature--selfishness--can lead to cooperation.
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ISBN 9780691171081
Released NZ 15 Mar 2016
Format Trade Paperback/Paperback
Alternate Format(s) View All (1 other possible title(s) available)
Language English (translated from: English)
Series Princeton Series in Theoretical and Computational Biology (part: 10)
2 In-stock at supplier; ships 7-14 working days

Full details for this title

ISBN-13 9780691171081
Stock Available
Status In-stock at supplier; ships 7-14 working days
Publisher unlisted
Imprint Princeton University Press
Released 15 Mar 2016
Publication Country United States United States
Format Trade Paperback/Paperback
 › 1 other possible formats available
Language English
Translated from English
Author(s) By Sigmund, Karl
Series Princeton Series in Theoretical and Computational Biology (part: 10)
Category Economics
Game Theory
Number of Pages 184
Dimensions Width: 152mm
Height: 235mm
Spine: 10mm
Dewey Code 302.14
Weight 255g
Interest Age 19+ years
Reading Age 19+ years
Library of Congress Game theory, Cooperativeness - Moral and ethical aspects, Evolution Biology - Mathematics
NBS Text Life Sciences: General
ONIX Text College/higher education;Professional and scholarly