Table 2. Parameters of the model.
| | | |
|
Parameter
|
Interpretation
|
| |
|
ρ
|
Weight to others’ payoff when 
|
|
χ
|
Weight to others’ payoff when 
|
|
φ
|
Response sensitivity
|
|
λ
|
Forgetting rate
|
|
δ
|
Weight to forgone payoffs
|
|
κ
|
Rate of attraction growth
|
|
θ
|
Signal weight
|
|
η
|
Weight of future rounds in signaling
|
| | |
|