Title
A synergy of costly punishment and commitment in cooperation dilemmas.
Abstract
To ensure cooperation in the Prisoner's Dilemma, individuals may require prior commitments from others, subject to compensations when agreements to cooperate are violated. Alternatively, individuals may prefer to behave reactively, without arranging prior commitments, by simply punishing those who misbehave. These two mechanisms have been shown to promote the emergence of cooperation, yet are complementary in the way they aim to promote cooperation. Although both mechanisms have their specific limitations, either one of them can overcome the problems of the other. On one hand, costly punishment requires an excessive effect-to-cost ratio to be successful, and this ratio can be significantly reduced by arranging a prior commitment with a more limited compensation. On the other hand, commitment-proposing strategies can be suppressed by free-riding strategies that commit only when someone else is paying the cost to arrange the deal, whom in turn can be dealt with more effectively by reactive punishers. Using methods from Evolutionary Game Theory, we present here an analytical model showing that there is a wide range of settings for which the combined strategy outperforms either strategy by itself, leading to significantly higher levels of cooperation. Interestingly, the improvement is most significant when the cost of arranging commitments is sufficiently high and the penalty reaches a certain threshold, thereby overcoming the weaknesses of both mechanisms.
Year
DOI
Venue
2016
10.1177/1059712316653451
Adaptive Behaviour
Keywords
Field
DocType
Commitment,costly punishment,cooperation,prisoner's dilemma,evolutionary game theory
Social psychology,Computer science,Commit,Microeconomics,Prisoner's dilemma,Artificial intelligence,Evolutionary game theory,Dilemma
Journal
Volume
Issue
ISSN
24
4
1059-7123
Citations 
PageRank 
References 
1
0.36
10
Authors
2
Name
Order
Citations
PageRank
The Anh Han14611.92
Tom Lenaerts227653.44