The influence of the agents’ personal qualities on the exogenous formation of Stackelberg leadership in a collective action model
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The influence of the agents’ personal qualities on the exogenous formation of Stackelberg leadership in a collective action model
Annotation
PII
S042473880023021-2-
Publication type
Article
Status
Published
Authors
Elena Skarzhinskaya 
Occupation: Professor
Affiliation: Nekrasov Kostroma State University
Address: Kostroma, Russian Federation
Vladimir I. Tsurikov
Affiliation: Kostroma State Agricultural Academy
Address: Russian Federation, Kostroma
Pages
113-122
Abstract

mechanism, each member of the collective faces the dilemma: whether to deploy an active strategy i.e., put in their effort during the first time period, or opt for a follower’s strategic timing and invest their effort during the second time period. The follower’s strategy yields greater gains, but only when some other agents choose the active strategy. In the event that not a single active agent appears, the entire collective falls into the trap of inefficient Nash equilibrium. We show that as the number of active agents grows, cumulate gains increase for all members of the collective. Maximum gains obtainable by a follower exceed the highest gain of an active agent, and are received only if the follower is the last agent remaining. It follows, therefore, that this maximum winner must be a risk-taking, egotistic optimist.

Keywords
collective action, Stackelberg leader, followers, Nash equilibrium, Pareto-preferable outcome, Pareto efficiency.
Received
18.05.2022
Date of publication
07.12.2022
Number of purchasers
10
Views
279
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0.0 (0 votes)
Previous versions
S042473880023021-2-1 Дата внесения правок в статью - 11.11.2022
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