The Vote with the Wallet Game: Responsible Consumerism as a Multiplayer Prisoner's Dilemma

被引：6
|
作者：
Becchetti, Leonardo [1 ]
Salustri, Francesco [2 ]
机构：
[1] Univ Roma Tor Vergata, Dept Econ & Finance, I-00133 Rome, RM, Italy
[2] Univ Oxford, Hlth Econ Res Ctr, Nuffield Dept Populat Hlth, Oxford OX3 7LF, England
来源：
SUSTAINABILITY | 2019年 / 11卷 / 04期
关键词：
sustainable consumption; civil society; responsible consumerism; corporate social responsibility; economic behaviour; environmental responsibility; game theory; PUBLIC-GOODS; IMPURE ALTRUISM; COMPETITION; FAIRNESS; COOPERATION; PREFERENCES; RECIPROCITY;
D O I：
10.3390/su11041109
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
Socially responsible consumers and investors are increasingly using their consumption and saving choices as a 'vote with the wallet' to award companies that are at vanguard in reconciling the creation of economic value with social and environmental sustainability. In our paper, we model the vote with the wallet as a multiplayer prisoner's dilemma, outline equilibria and possible solutions to the related coordination failure problem in evolutionary games, apply our analysis to domains in which the vote with the wallet is empirically more relevant, and provide policy suggestions.
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页数：22
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