Cooperation and evolutionary dynamics in the public goods game with institutional incentives

R Cressman, JW Song, BY Zhang, Y Tao - Journal of Theoretical Biology, 2012 - Elsevier
The one-shot public goods game is extended to include institutional incentives (ie reward
and/or punishment) that are meant to promote cooperation. It is shown that the Nash
equilibrium (NE) outcomes predict either partial or fully cooperative behavior in these
extended multi-player games with a continuous strategy space. Furthermore, for some
incentive schemes, multiple NE outcomes are shown to emerge. Stability of all these
equilibria under standard evolutionary dynamics (ie the replicator equation and the …
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