2018
DOI: 10.1088/1742-5468/aa9bb6
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Evolution of global contribution in multi-level threshold public goods games with insurance compensation

Abstract: Abstract. Understanding voluntary contribution in threshold public goods games has important practical implications. To improve contributions and provision frequency, free-rider problem and assurance problem should be solved. Insurance could play a significant, but largely unrecognized, role in facilitating a contribution to provision of public goods through providing insurance compensation against the losses. In this paper, we study how insurance compensation mechanism aects individuals' decision-making unde… Show more

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Cited by 31 publications
(8 citation statements)
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“…In addition, the probability distribution of j N can be defined as ϑ j (ω) . Thus, the expected value of the proportion of individuals choosing strategy A [70][71][72][73] in the population is called the average abundance function X A (ω):…”
Section: The Characteristics Of Average Abundance Function With Mutationmentioning
confidence: 99%
“…In addition, the probability distribution of j N can be defined as ϑ j (ω) . Thus, the expected value of the proportion of individuals choosing strategy A [70][71][72][73] in the population is called the average abundance function X A (ω):…”
Section: The Characteristics Of Average Abundance Function With Mutationmentioning
confidence: 99%
“…During the evolutionary process, agents evaluate their fitness and then update their strategies. Different updating rules can be used to characterize the evolution of population, such as imitation process [34]- [36] and self-learning process [37]- [40]. In imitation process, the agent i compares its fitness with its neighbors'.…”
Section: Multi-agent System Modelmentioning
confidence: 99%
“…Inserting Equations (17,18) into Equation (11) and Equations (19,20) into Equation 16, we can get the following equations when there are k groups full of G players:…”
Section: Local Income Redistributionmentioning
confidence: 99%
“…Especially when it comes to the situation that people are faced with the option of voluntary contribution to achieve a collective goal, where public goods cannot be provided in part, but only in whole after a certain cost (threshold) is covered. Threshold public goods game (TPGG) models nicely capture the main features of the above described social phenomena [11][12][13][14][15][16][17][18]. In the typical TPGG, the size of a proposed project and the associated total cost (threshold) are predetermined.…”
Section: Introductionmentioning
confidence: 99%