On the economics of vanishing

Authors
Stark, O
Citation
O. Stark, On the economics of vanishing, ECON LETT, 61(2), 1998, pp. 261-266
Citations number
4
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
61
Issue
2
Year of publication
1998
Pages
261 - 266
Database
ISI
SICI code
0165-1765(199811)61:2<261:OTEOV>2.0.ZU;2-N
Abstract
The optimizing behavior of rational agents can entail a communal weakness t hat results in extinction. A simple dynamic setting illustrates the way in which a community consisting of anything but a relatively large number of c ooperators, or only cooperators, vanishes. (C) 1998 Elsevier Science S.A. A ll rights reserved.