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Evolution in Teams.

Abstract:

Team formation will often involve a coordination problem. If no-one else is contributing to a team, there is little point in an agent exerting any effort. Similarly, once a team is formed, an agent within the team will not leave, as to do so would result in team collapse; non-contributing agents would not join, as they currently receive the benefits of the team's efforts whilst paying none of the costs. The methods of the stochastic adjustment dynamics literature can help select between these...

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Authors


David P Myatt More by this author
Chris Wallace More by this author
Volume:
177
Series:
Discussion paper series
Publication date:
2003
URN:
uuid:5db25d6c-8a5d-402c-b99c-3fa5a4e08785
Local pid:
ora:1216
Language:
English

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