Evolution of cooperation in an incentive based business game environment

Sanat Kumar Bista; Keshav P. Dahal; Peter I. Cowling

doi:10.1007/978-1-84800-239-5_86

Evolution of cooperation in an incentive based business game environment

Sanat Kumar Bista, Keshav P. Dahal, Peter I. Cowling

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

2 Citations (Scopus)

Abstract

This paper discusses our investigation into the evolution of cooperative players in an online business environment. We explain our design of an incentive based system with its foundation over binary reputation system whose proportion of reward or punishment is a function of transaction value and the player's past history of cooperation. We compare the evolution of cooperation in our setting with non-incentive based environment and our findings show that the incentive based method is more suitable for the evolution of trustworthy players.

Original language	English
Title of host publication	Global Design to Gain a Competitive Edge
Place of Publication	London
Publisher	Springer-Verlag
Pages	875-882
Number of pages	8
ISBN (Print)	9781848002388
DOIs	https://doi.org/10.1007/978-1-84800-239-5_86
Publication status	Published - 2008
Externally published	Yes

Keywords

evolution of cooperation
online markets
reputation systems
trust

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10.1007/978-1-84800-239-5_86

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abstract = "This paper discusses our investigation into the evolution of cooperative players in an online business environment. We explain our design of an incentive based system with its foundation over binary reputation system whose proportion of reward or punishment is a function of transaction value and the player's past history of cooperation. We compare the evolution of cooperation in our setting with non-incentive based environment and our findings show that the incentive based method is more suitable for the evolution of trustworthy players.",

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AB - This paper discusses our investigation into the evolution of cooperative players in an online business environment. We explain our design of an incentive based system with its foundation over binary reputation system whose proportion of reward or punishment is a function of transaction value and the player's past history of cooperation. We compare the evolution of cooperation in our setting with non-incentive based environment and our findings show that the incentive based method is more suitable for the evolution of trustworthy players.

KW - evolution of cooperation

KW - online markets

KW - reputation systems

KW - trust

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BT - Global Design to Gain a Competitive Edge

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Evolution of cooperation in an incentive based business game environment

Abstract

Keywords

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