An agent-based model of institutional life-cycles

DOI10.3390/G5030160zbMath1314.91070OpenAlexW1986483679MaRDI QIDQ2346945

Bernhard Rengs, Wolfgang Radax, Manuel Wäckerle

Publication date: 26 May 2015

Published in: Games (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3390/g5030160

zbMATH Keywords

complexityagent-based modelingapplied game theoryagency-structure dynamicsevolutionary political economyinstitutional economicsinstitutional life-cyclesiterated prisoners dilemma

Mathematics Subject Classification ID

Applications of game theory (91A80) Mathematical economics (91B99)

Cites Work

• Institutional inertia and institutional change in an expanding normal-form game
• The Evolution of Cooperation
• Evolutionary games and computer simulations.
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