A01=Karl Sigmund
Abuse of notation
Altruism
Artificial society
Artificiality
Asociality
Asymmetry
Author_Karl Sigmund
Backward induction
Barter
Category=JMH
Category=PBUD
Category=PSAJ
Defection
Dictator game
Differential equation
Disadvantage
Disgust
Empathy
eq_bestseller
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_science
eq_society-politics
Expected value
Geometric distribution
Heuristic
Homo economicus
Hypergeometric distribution
Iteration
John Maynard Keynes
Kin selection
Laggard
Limit cycle
Maladaptation
Markov chain
Money pump
Moral hazard
Nash equilibrium
Observational error
Ordinary differential equation
P-value
Paradox
Poisson distribution
Prediction
Preference
Preference (economics)
Prevalence
Price equation
Prisoner's dilemma
Probability
Public goods game
Random variable
Reaction norm
Reciprocal altruism
Refusal
Remorse
Replicator equation
Result
Self-interest
Self-love
Selfishness
Shame
Social dilemma
Social trap
Special case
Stationary distribution
Stochastic process
Subconscious
Tax
The Theory of Moral Sentiments
Theory
Tit for tat
Tragedy of the commons
Trial and error
Trigger strategy
Ultimatum game
Uncertainty
Undoing (psychology)
Variance
Product details
- ISBN 9780691171081
- Weight: 255g
- Dimensions: 152 x 235mm
- Publication Date: 31 May 2016
- Publisher: Princeton University Press
- Publication City/Country: US
- Product Form: Paperback
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How does cooperation emerge among selfish individuals? When do people share resources, punish those they consider unfair, and engage in joint enterprises? These questions fascinate philosophers, biologists, and economists alike, for the "invisible hand" that should turn selfish efforts into public benefit is not always at work. The Calculus of Selfishness looks at social dilemmas where cooperative motivations are subverted and self-interest becomes self-defeating. Karl Sigmund, a pioneer in evolutionary game theory, uses simple and well-known game theory models to examine the foundations of collective action and the effects of reciprocity and reputation. Focusing on some of the best-known social and economic experiments, including games such as the Prisoner's Dilemma, Trust, Ultimatum, Snowdrift, and Public Good, Sigmund explores the conditions leading to cooperative strategies. His approach is based on evolutionary game dynamics, applied to deterministic and probabilistic models of economic interactions.
Exploring basic strategic interactions among individuals guided by self-interest and caught in social traps, The Calculus of Selfishness analyzes to what extent one key facet of human nature--selfishness--can lead to cooperation.
Karl Sigmund is professor of mathematics at the University of Vienna. He is the author of Games of Life (Penguin), coauthor of Evolutionary Games and Population Dynamics, and a contributor to Nature and Science.
