TY - JOUR
T1 - On the economics of vanishing
AU - Stark, Oded
N1 - Funding Information:
I thank the National Institute on Aging (grant RO1-AG13037) for partial financial support.
PY - 1998/11/1
Y1 - 1998/11/1
N2 - The optimizing behavior of rational agents can entail a communal weakness that results in extinction. A simple dynamic setting illustrates the way in which a community consisting of anything but a relatively large number of cooperators, or only cooperators, vanishes.
AB - The optimizing behavior of rational agents can entail a communal weakness that results in extinction. A simple dynamic setting illustrates the way in which a community consisting of anything but a relatively large number of cooperators, or only cooperators, vanishes.
KW - Economics of extinction
KW - Economics of vanishing
KW - O40
KW - R11
UR - http://www.scopus.com/inward/record.url?scp=0032354602&partnerID=8YFLogxK
U2 - 10.1016/s0165-1765(98)00167-0
DO - 10.1016/s0165-1765(98)00167-0
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AN - SCOPUS:0032354602
VL - 61
SP - 261
EP - 266
JO - Economics Letters
JF - Economics Letters
SN - 0165-1765
IS - 2
ER -