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Reciprocal socialization "is a socialization process that is bidirectional; children socialize parents just as parents socialize children". [1] For example, the interaction of mothers and their infants is sometimes symbolized as a dance or dialogue in which following actions of the partners are closely coordinated.
The lessons described above apply in environments that support cooperation, but whether cooperation is supported at all, depends crucially on the probability (called ω [omega]) that the players will meet again, [15] also called the discount parameter or, figuratively, the shadow of the future.
The application of game theory to political science is focused in the overlapping areas of fair division, political economy, public choice, war bargaining, positive political theory, and social choice theory. In each of these areas, researchers have developed game-theoretic models in which the players are often voters, states, special interest ...
Reciprocal actions differ from altruistic actions in that reciprocal actions tend to follow from others' initial actions, or occur in anticipation of a reciprocal action, while altruism, an interest in the welfare of others over that of oneself, points to the unconditional act of social gift-giving without any hope or expectation of future ...
The research of social preferences in economics started with lab experiments in 1980, where experimental economists found subjects' behavior deviated systematically from self-interest behavior in economic games such as ultimatum game and dictator game. These experimental findings then inspired various new economic models to characterize agent's ...
Game theory thus predicts a non-cooperative outcome in a social dilemma. Although this is a useful starting premise there are many circumstances in which people may deviate from individual rationality. [7] Game theory is one of the principal components of economic theory. It addresses the way individuals allocate scarce resources and how ...
Direct reciprocity was proposed by Robert Trivers as a mechanism for the evolution of cooperation. [1] If there are repeated encounters between the same two players in an evolutionary game in which each of them can choose either to "cooperate" or "defect", then a strategy of mutual cooperation may be favoured even if it pays each player, in the short term, to defect when the other cooperates.
But in fact any stable social structure in which there is a division of labor will involve a system of reciprocal exchanges of this generalized sort, as a way of sustaining social norms. All of these patterns of reciprocity, along with related ideas such as gratitude , have been central to social and political philosophy from Plato onward. [ 5 ]