The effects of group composition and social preference heterogeneity in a public goods game: An agent-based simulation

Lucas, Pablo, de Oliveira, Angela C. M. and Banuri, Sheheryar (2014) The effects of group composition and social preference heterogeneity in a public goods game: An agent-based simulation. Journal of Artificial Societies and Social Simulation, 17 (3). ISSN 1460-7425

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Abstract

Behavioural economics highlights the role of social preferences in economic decisions. Further, populations are heterogeneous, suggesting that the composition of social preference types within a group may impact the ability to sustain voluntary public goods contributions. We conduct agent-based simulations of contributions in a public goods game, varying group composition and the weight individuals place on their beliefs versus their underlying social preference type. We then examine the effect of each of these factors on contributions. We find that social preference heterogeneity negatively impacts provision over a wide range of the parameter space, even controlling for the share of types in a group.

Item Type: Article
Uncontrolled Keywords: social preferences,group composition,beliefs,agent-based simulation,political-economy,collective action,ethnic divisions,impure altruism,cooperation,growth,reciprocity,behavior,tragedy,people
Faculty \ School: Faculty of Social Sciences > School of Economics
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Depositing User: Pure Connector
Date Deposited: 08 Sep 2015 15:08
Last Modified: 22 Apr 2020 00:27
URI: https://ueaeprints.uea.ac.uk/id/eprint/54288
DOI: 10.18564/jasss.2522

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