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Non-Fixed Investment in Voluntary Public Goods Games

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Abstract

In this work, we introduce a non-fixed investment ratio to the public goods games in which players can determine whether or not to participate and how much money to invest into the common pool, and with it a new mechanism has been established. We explicitly demonstrate a different rockscissors- paper dynamics which is a consequence of this model. Meanwhile, it is shown how the mechanism of non-fixed investment ratio influences the players’ decision. In addition, we found that the length of memory has an important effect on the average payoff of the population by this introduction.

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Correspondence to Zhaojin Xu.

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Wang, S., Xu, Z. & Zhang, L. Non-Fixed Investment in Voluntary Public Goods Games. J. Korean Phys. Soc. 72, 972–979 (2018). https://doi.org/10.3938/jkps.72.972

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  • DOI: https://doi.org/10.3938/jkps.72.972

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