Evolutionary stability and social norms

Abstract Self-interested behavior need not earn higher material payoffs than norm-guided behavior in strategic environments in which a recognized adherence to social norms can help solve the commitment problem. This insight can provide the basis for an evolutionary theory of social norms. If the composition of behaviors evolves under pressure of differential payoffs, a population consisting exclusively of optimizers may be unstable, and there may exist a multiplicity of attractors representing a variety of stable norms. Societies facing similar material conditions may therefore come to adopt distinct norms as a result of chance events or differences in initial conditions.

[1]  R. Axelrod An Evolutionary Approach to Norms , 1986, American Political Science Review.

[2]  Elisa Jayne Bienenstock,et al.  When Rationality Fails , 1995 .

[3]  U. Witt Explaining process and change : approaches to evolutionary economics , 1992 .

[4]  R. Thaler The Ultimatum Game , 1988 .

[5]  T. Kuran,et al.  PREFERENCE FALSIFICATION, POLICY CONTINUITY AND COLLECTIVE CONSERVATISM* , 1987 .

[6]  P. Taylor,et al.  Evolutionarily Stable Strategies and Game Dynamics , 1978 .

[7]  U. Witt Evolution and Stability of Cooperation without Enforceable Contracts , 1986 .

[8]  J M Smith,et al.  Evolution and the theory of games , 1976 .

[9]  Kenneth E. Boulding,et al.  Essays in Positive Economics. , 1954 .

[10]  J. M. Smith,et al.  The Logic of Animal Conflict , 1973, Nature.

[11]  W. Hamilton,et al.  The Evolution of Cooperation , 1984 .

[12]  R. Frank Passions Within Reason: The Strategic Role of the Emotions , 1990 .

[13]  P J Richerson,et al.  Group selection among alternative evolutionarily stable strategies. , 1990, Journal of theoretical biology.

[14]  Werner Güth,et al.  COMPETITION OR CO‐OPERATION: ON THE EVOLUTIONARY ECONOMICS OF TRUST, EXPLOITATION AND MORAL ATTITUDES , 1994 .

[15]  Josef Hofbauer,et al.  The theory of evolution and dynamical systems , 1988 .

[16]  Ken Binmore,et al.  Learning to be imperfect: The ultimatum game , 1995 .

[17]  Drew Fudenberg,et al.  The Folk Theorem in Repeated Games with Discounting or with Incomplete Information , 1986 .

[18]  E. Damme Stability and perfection of Nash equilibria , 1987 .

[19]  A J Robson,et al.  Efficiency in evolutionary games: Darwin, Nash and the secret handshake. , 1990, Journal of theoretical biology.

[20]  J. Weibull,et al.  Nash Equilibrium and Evolution by Imitation , 1994 .

[21]  L. Samuelson,et al.  Evolutionary Stability in Asymmetric Games , 1992 .

[22]  Zbigniew Nitecki,et al.  Global Theory of Dynamical Systems , 1980 .

[23]  Daniel Kahneman,et al.  Fairness and the Assumptions of Economics , 1986 .

[24]  G. M. Furstenberg,et al.  Internationally Managed Moneys , 1983 .

[25]  T. Schelling,et al.  The Strategy of Conflict. , 1961 .

[26]  Thomas C. Schelling,et al.  Altruism, Meanness, and Other Potentially Strategic Behaviors , 1978 .

[27]  Karen S. Cook,et al.  The Limits of Rationality , 1992 .

[28]  E. C. Zeeman,et al.  Population dynamics from game theory , 1980 .

[29]  Geoffrey Heal,et al.  Do Bad Products Drive Out Good , 1976 .

[30]  P. Richerson,et al.  Punishment allows the evolution of cooperation (or anything else) in sizable groups , 1992 .

[31]  Rajiv Sethi,et al.  The Evolution of Social Norms in Common Property Resource Use , 1996 .

[32]  Ken Binmore,et al.  An Economist's Perspective on the Evolution of Norms , 1993 .