Literature DB >> 31330721

Cooperation dynamics in networked geometric Brownian motion.

Viktor Stojkoski1, Zoran Utkovski2,3, Lasko Basnarkov1,4, Ljupco Kocarev1,3.   

Abstract

Recent works suggest that pooling and sharing may constitute a fundamental mechanism for the evolution of cooperation in well-mixed fluctuating environments. The rationale is that, by reducing the amplitude of fluctuations, pooling and sharing increases the steady-state growth rate at which individuals self-reproduce. However, in reality interactions are seldom realized in a well-mixed structure, and the underlying topology is in general described by a complex network. Motivated by this observation, we investigate the role of the network structure on the cooperative dynamics in fluctuating environments, by developing a model for networked pooling and sharing of resources undergoing a geometric Brownian motion. The study reveals that, while in general cooperation increases the individual steady state growth rates (i.e., is evolutionary advantageous), the interplay with the network structure may yield large discrepancies in the observed individual resource endowments. We comment possible biological and social implications and discuss relations to econophysics.

Year:  2019        PMID: 31330721     DOI: 10.1103/PhysRevE.99.062312

Source DB:  PubMed          Journal:  Phys Rev E        ISSN: 2470-0045            Impact factor:   2.529


  2 in total

Review 1.  The ergodicity solution of the cooperation puzzle.

Authors:  Ole Peters; Alexander Adamou
Journal:  Philos Trans A Math Phys Eng Sci       Date:  2022-05-23       Impact factor: 4.019

2.  Generalised Geometric Brownian Motion: Theory and Applications to Option Pricing.

Authors:  Viktor Stojkoski; Trifce Sandev; Lasko Basnarkov; Ljupco Kocarev; Ralf Metzler
Journal:  Entropy (Basel)       Date:  2020-12-18       Impact factor: 2.524

  2 in total

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