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An important but understudied question in economics is how people choose when facing uncertainty in the timing of events. Here we study preferences over time lotteries, in which the payment amount is certain but the payment time is…

Theoretical Economics · Economics 2021-08-20 Yonatan Berman , Mark Kirstein

Three theories offer competing predictions about how people respond to growing diversity in their social environment. Contact theory suggests more exposure to out-groups reduces prejudice; conflict theory predicts a stronger in-group…

Situations where people have to decide between hurting themselves or another person are at the core of many individual and global conflicts. Yet little is known about how people behave when facing these situations in the lab. Here we report…

Populations and Evolution · Quantitative Biology 2014-12-23 Valerio Capraro

In frequently repeated matching scenarios, individuals may require diversification in their choices. Therefore, when faced with a set of potential outcomes, each individual may have an ideal lottery over outcomes that represents their…

Computer Science and Game Theory · Computer Science 2024-04-29 Rasoul Ramezanian

The decisions of whether and how to evacuate during a climate disaster are influenced by a wide range of factors, including sociodemographics, emergency messaging, and social influence. Further complexity is introduced when multiple hazards…

Econometrics · Economics 2022-02-02 Elisa Borowski , Amanda Stathopoulos

Individual migration has been regarded as an important factor for the evolution of cooperation in mobile populations. Motivations of migration, however, can be largely divergent: one is highly frustrated by the vicinity of an exploiter or…

Physics and Society · Physics 2020-05-20 Zhilong Xiao , Xiaojie Chen , Attila Szolnoki

Strong empirical evidence from laboratory experiments, and more recently from population surveys, shows that individuals, when evaluating their situations, pay attention to whether they experience gains or losses, with losses weighing more…

Theoretical Economics · Economics 2025-10-17 Martyna Kobus , Radosław Kurek , Thomas Parker

Lotteries are a prevalent form of gambling between a seller and buyers. Designing a lottery requires a model of how buyers make decisions when confronted with uncertain outcomes. Cumulative prospect theory (CPT) is a descriptive model that…

Computer Science and Game Theory · Computer Science 2026-05-20 Shunta Akiyama , Mitsuaki Obara , Yasushi Kawase

Although cooperation is central to the organisation of many social systems, relatively little is known about cooperation in situations of collective emergency. When groups of people flee from a danger such as a burning building or a…

Physics and Society · Physics 2016-09-20 Mehdi Moussaid , Mareike Trauernicht

Strategies aimed at reducing the negative effects of long-term uncertainty and risk are common in biology, game theory, and finance, even if they entail a cost in terms of mean benefit. Here, we focus on the single mutant's invasion of a…

Populations and Evolution · Quantitative Biology 2024-09-25 Rubén Calvo Ibáñez , Miguel Ángel Muñoz , Tobias Galla

Goods and services -- public housing, medical appointments, schools -- are often allocated to individuals who rank them similarly but differ in their preference intensities. We characterize optimal allocation rules when individual…

Theoretical Economics · Economics 2021-08-30 Pietro Ortoleva , Evgenii Safonov , Leeat Yariv

We provide and axiomatize a representation for preferences over lotteries that generalizes the expected utility model. Since the representation uses different utility functions to evaluate different lotteries, the preferences can be…

Theoretical Economics · Economics 2026-03-17 Edward Honda , Keh-Kuan Sun

Leaving the joint enterprise when defection is unveiled is always a viable option to avoid being exploited. Although loner strategy helps the population not to be trapped into the tragedy of the commons state, it could offer only a modest…

Physics and Society · Physics 2015-10-28 Attila Szolnoki , Xiaojie Chen

Synchronization, cooperation, and chaos are ubiquitous phenomena in nature. In a population composed of many distinct groups of individuals playing the prisoner's dilemma game, there exists a migration dilemma: No cooperator would migrate…

Populations and Evolution · Quantitative Biology 2021-02-22 Shubhadeep Sadhukhan , Rohitashwa Chattopadhyay , Sagar Chakraborty

Altruistic punishment, where individuals incur personal costs to punish others who have harmed third parties, presents an evolutionary conundrum as it undermines individual fitness. Resolving this puzzle is crucial for understanding the…

Populations and Evolution · Quantitative Biology 2025-01-07 Chen Shen , Zhao Song , Lei Shi , Jun Tanimoto , Zhen Wang

This paper examines a government's strategic resource allocation choices when facing an opposing group whose military power is uncertain. We investigate how this uncertainty affects the government's decision to divide resources in a way…

Theoretical Economics · Economics 2024-10-21 Sarah Taylor

Human behavioural patterns exhibit selfish or competitive, as well as selfless or altruistic tendencies, both of which have demonstrable effects on human social and economic activity. In behavioural economics, such effects have…

Multiagent Systems · Computer Science 2021-04-28 Jan E. Snellman , Gerardo Iñiguez , János Kertész , R. A. Barrio , Kimmo K. Kaski

Tolerance implies enduring trying circumstances with a fair and objective attitude. To determine whether evolutionary advantages might be stemming from diverse levels of tolerance in a population, we study a spatial public goods game, where…

Physics and Society · Physics 2016-08-04 Attila Szolnoki , Matjaz Perc

This paper examines optimal risk sharing for empirically realistic risk attitudes, providing results on Pareto optimality, competitive equilibria, utility frontiers, and the first and second theorems of welfare. Contrary to common…

Theoretical Economics · Economics 2025-10-06 Jean-Gabriel Lauzier , Liyuan Lin , Peter Wakker , Ruodu Wang

The outcome of an election depends not only on which candidate is more popular, but also on how many of their voters actually turn out to vote. Here we consider a simple model in which voters abstain from voting if they think their vote…

Physics and Society · Physics 2021-12-01 Ekaterina Landgren , Jonas L. Juul , Steven H. Strogatz
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