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We introduce an evolutionary game with feedback between perception and reality, which we call the reality game. It is a game of chance in which the probabilities for different objective outcomes (e.g., heads or tails in a coin toss) depend…

General Finance · Quantitative Finance 2009-02-09 Dmitriy Cherkashin , J. Doyne Farmer , Seth Lloyd

Ecology and evolution are inherently linked, and studying a mathematical model that considers both holds promise of insightful discoveries related to the dynamics of cooperation. In the present article, we use the prisoner's dilemma (PD)…

Populations and Evolution · Quantitative Biology 2021-08-10 Sayantan Nag Chowdhury , Srilena Kundu , Jeet Banerjee , Matjaž Perc , Dibakar Ghosh

Human society and natural environment form a complex giant ecosystem, where human activities not only lead to the change of environmental states, but also react to them. By using collective-risk social dilemma game, some studies have…

Physics and Society · Physics 2024-04-24 Linjie Liu , Xiaojie Chen , Attila Szolnoki

In strategic games such as the prisoner's dilemma, allowing players to make binding offers of utility transfers before play has been shown to alter incentives and potentially support cooperative outcomes. These preplay exchange mechanisms…

Theoretical Economics · Economics 2026-04-27 Ian Fligler

We study the evolution of cooperation in the spatial prisoner's dilemma game, where besides unconditional cooperation and defection, tit-for-tat, win-stay-lose-shift and extortion are the five competing strategies. While pairwise imitation…

Physics and Society · Physics 2014-07-02 Attila Szolnoki , Matjaz Perc

Cooperation and defection are social traits whose evolutionary origin is still unresolved. Recent behavioral experiments with humans suggested that strategy changes are driven mainly by the individuals' expectations and not by imitation.…

Physics and Society · Physics 2024-02-13 Miguel Aguilar-Janita , Nagi Khalil , Inmaculada Leyva , Irene Sendiña-Nadal

Evolutionary game theory has been widely used to study the evolution of cooperation in social dilemmas where imitation-led strategy updates are typically assumed. However, results of recent behavioral experiments are not compatible with the…

Physics and Society · Physics 2018-12-19 Ik Soo Lim , Peter Wittek

We will study a population of individuals playing the infinitely repeated Prisoner's Dilemma under replicator dynamics. The population consists of three kinds of individuals using the following reactive strategies: ALLD (individuals which…

Populations and Evolution · Quantitative Biology 2015-09-04 Irene Núñez Rodríguez , Armando G. M. Neves

Classical game theory is a powerful framework to analyze the strategic interactions among rational players. However, in many real-life scenarios, players choose actions based on their inherent natural tendencies rather than deliberate…

Optimization and Control · Mathematics 2026-02-03 Raghupati Vyas , Khushboo Agarwal , Konstantin Avrachenkov , Veeraruna Kavitha

The war of attrition in game theory is a model of a stand-off situation between two opponents where the winner is determined by its persistence. We model a stand-off between a predator and a prey when the prey is hiding and the predator is…

Populations and Evolution · Quantitative Biology 2021-08-19 Cecilia Berardo , Stefan Geritz

Humans are bounded rational at best and this, we argue, has worked in their favour in the hunter-gatherer society where emergence of a coordinated action, leading to cooperation, is otherwise the standard stag-hunt dilemma (when individuals…

Physics and Society · Physics 2025-08-13 Joy Das Bairagya , Sagar Chakraborty

Understanding how biological organisms make decisions is of fundamental importance in understanding behavior. Such an understanding within evolutionary game theory so far has been sought by appealing to bounded rationality. Here, we present…

Populations and Evolution · Quantitative Biology 2025-12-16 Mohammad Salahshour

Direct reciprocity is a mechanism for the evolution of cooperation based on repeated interactions. When individuals meet repeatedly, they can use conditional strategies to enforce cooperative outcomes that would not be feasible in one-shot…

Populations and Evolution · Quantitative Biology 2016-05-24 Seung Ki Baek , Hyeong-Chai Jeong , Christian Hilbe , Martin A. Nowak

Here we present an agent-based model where agents interact with other agents by playing a hybrid of dictator and ultimatum games in a co-evolving social network. The basic assumption about the behaviour of the agents in both games is that…

Physics and Society · Physics 2020-08-20 Jan E. Snellman , Rafael Barrio , Kimmo Kaski

A partial differential equation is derived, describing the replicator dynamics with mutations of games with a continuous strategy space. This equation is then applied to continuous versions of symmetric 2x2 games, such as the Prisoners…

Adaptation and Self-Organizing Systems · Physics 2007-05-23 M. Ruijgrok , T. W. Ruijgrok

Institutions and investors face the constant challenge of making accurate decisions and predictions regarding how best they should distribute their endowments. The problem of achieving an optimal outcome at minimal cost has been extensively…

Multiagent Systems · Computer Science 2021-02-09 Theodor Cimpeanu , Cedric Perret , The Anh Han

In repeated interactions between individuals, we do not expect that exactly the same situation will occur from one time to another. Contrary to what is common in models of repeated games in the literature, most real situations may differ a…

Populations and Evolution · Quantitative Biology 2007-05-23 Anders Eriksson , Kristian Lindgren

Human decision behaviour is quite diverse. In many games humans on average do not achieve maximal payoff and the behaviour of individual players remains inhomogeneous even after playing many rounds. For instance, in repeated prisoner…

Physics and Society · Physics 2015-11-11 Martin Spanknebel , Klaus Pawelzik

Cooperative behavior lies at the very basis of human societies, yet its evolutionary origin remains a key unsolved puzzle. Whereas reciprocity or conditional cooperation is one of the most prominent mechanisms proposed to explain the…

Physics and Society · Physics 2016-03-22 Giulio Cimini , Angel Sánchez

How humans make decisions in non-cooperative strategic interactions is a challenging question. For the fundamental model system of Rock-Paper-Scissors (RPS) game, classic game theory of infinite rationality predicts the Nash equilibrium…

Physics and Society · Physics 2014-07-29 Zhijian Wang , Bin Xu , Hai-Jun Zhou