Cooperation is the act of paying a cost in order to convey a benefit to somebody else. Although it initially seems against the Darwinian Theory of Natural Selection, cooperation has been, is, and will always be a vital part of life, from bacteria to insects to humans.
This talk offers an engaging introduction to Evolutionary Game Theory, with a special focus on how incentives, like reward and punishment, can be used to promote cooperation. External institutions, such as the UN and NATO, play a key role by offering these incentives to encourage cooperation in populations where it is otherwise uncommon. However, this process demands careful spending optimisation as it can be resource-intensive. In this presentation, we will dive into these behaviours in depth, discussing key analytical results in a clear and fun manner. Additionally, numerical simulations will highlight and reinforce theoretical findings.
This talk is about 40 minutes long, suitable for A-Level and university students as well as the broader community. It presents an introduction to Evolutionary Game Theory and a mathematical model of cooperation.