Sense making and information in an agent-based model of cooperation (original) (raw)

Lecture Notes in Economics and Mathematical Systems, 2012

Abstract

Abstract: This paper studies the profile of cooperation emerging in a context in which agents may choose to join one of two groups or stay on their own, in a world where similarity across peers matters. In particular, we investigate the role of heterogeneity in individual contributions, of the level of information and of in-group processes of convergence in values (sense making) in fostering higher levels of cooperation, assessed through higher participation rates to groups. Starting from the result that more heterogeneity reduces ...

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