Authors
Chaoqian Wang
Publication date
2024/6/15
Journal
Applied Mathematics and Computation
Volume
471
Pages
128595
Publisher
Elsevier
Description
The trust game, derived from an economics experiment, has recently attracted interest in the field of evolutionary dynamics. In a recent version of the evolutionary trust game, players adopt one of three strategies: investor, trustworthy trustee, or untrustworthy trustee. Trustworthy trustees enhance and share the investment with the investor, whereas untrustworthy trustees retain the full amount, betraying the investor. Following this setup, we investigate a two-player trust game, which is analytically feasible under weak selection. We explore the evolution of trust in structured populations, factoring in four strategy updating rules: pairwise comparison (PC), birth-death (BD), imitation (IM), and death-birth (DB). Comparing structured populations with well-mixed populations, we arrive at two main conclusions. First, in the absence of untrustworthy trustees, there is a saddle point between investors and trustworthy trustees, with …
Total citations
Scholar articles