https://doi.org/10.1140/epjb/s10051-023-00487-1
Regular Article - Statistical and Nonlinear Physics
The coordination of collective and individual solutions in risk-resistant scenarios
1
Department of Automation, Tsinghua University, 100084, Beijing, China
2
Department of Mechanical and Energy Engineering, Southern University of Science and Technology, 518055, Shenzhen, China
c
sunxiao@mail.tsinghua.edu.cn
Received:
12
November
2022
Accepted:
27
January
2023
Published online:
23
February
2023
Human societies are constantly coping with global risks. In the face of these risks, people typically have two options, that is, to respond together as a whole (collective solution) or to respond independently (individual solution). Based on these two solutions, individuals have a variety of behavioral strategies. On the other hand, various regulatory bodies supported by the population limit people’s choices and punish individuals who do not contribute to collective solutions. So with different risks, how do the two solutions, the various individual strategies, and the constraints from regulators affect the group’s response to risk? This paper proposes an extended public goods game model involving opportunists and the regulator to explore the effectiveness of collective and individual solutions against risks. The results show that requiring individuals to invest more in the collective solution reduces the group’ s success in resisting risk. To improve the group’s ability to resist risk, investment in individual solution should be at least no less than that in collective solution. The establishment fund and punishment intensity of the regulatory agency have no significant effect on the success of collective and individual solutions. This inspires us to contemplate the role and measures of various types of authorities in coping with global risks.
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© The Author(s), under exclusive licence to EDP Sciences, SIF and Springer-Verlag GmbH Germany, part of Springer Nature 2023. Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law.
