paper
The norm game in a mean-field society
K. Kulakowski
game theory economicsarxiv
Description
Mean field Master equations for the norm game are investigated. The strategies are: to obey the norm or not and to punish those who break it or not. The punishment, the temptation, the punishment cost and the relaxation of vengeance are modeled by four parameters; for the fixed points, only two ratios of these parameters are relevant. The analysis reveals two phases; in one of them, nobody obeys the norm and nobody punishes. This phase is stable if the punishment is small enough. In the other ph...
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