Sense Making and Information in an Agent-Based Model of Cooperation

16 Pages Posted: 30 Sep 2012

See all articles by Anna Moretti

Anna Moretti

Ca Foscari University of Venice - Department of Management

Caterina Cruciani

Ca Foscari University of Venice - Department of Management

Paolo Pellizzari

Ca Foscari University of Venice - Dipartimento di Economia

Date Written: September 29, 2012

Abstract

This paper studies the profile of cooperation emerging in a context in which agents may choose to join one of two groups or stay on their own, in a world where similarity across peers matters. In particular, we investigate the role of heterogeneity in individual contributions, of the level of information and of in-group processes of convergence in values (sense making) in fostering higher levels of cooperation, assessed through higher participation rates to groups. Starting from the result that more heterogeneity reduces participation, we show that increasing the level of information available to subjects and activating sense-making dynamics are able to support higher cooperation levels, which, however, come at the cost of increased radicalization of agent types within group.

Keywords: Similarity, Sense making, Cooperation, Groups

JEL Classification: B41, D74, D85

Suggested Citation

Moretti, Anna and Cruciani, Caterina and Pellizzari, Paolo, Sense Making and Information in an Agent-Based Model of Cooperation (September 29, 2012). Department of Management, Università Ca' Foscari Venezia Working Paper No. 14/2012. Available at SSRN: https://ssrn.com/abstract=2154094

Anna Moretti

Ca Foscari University of Venice - Department of Management ( email )

San Giobbe, Cannaregio 873
Venice, 30121
Italy

Caterina Cruciani (Contact Author)

Ca Foscari University of Venice - Department of Management ( email )

San Giobbe, Cannaregio 873
Venice, 30121
Italy

Paolo Pellizzari

Ca Foscari University of Venice - Dipartimento di Economia ( email )

Cannaregio 873
Venice, 30121
Italy

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