IDEAS home Printed from https://ideas.repec.org/a/gam/jgames/v15y2024i4p24-d1426290.html
   My bibliography  Save this article

Strategic Synergies: Unveiling the Interplay of Game Theory and Cultural Dynamics in a Globalized World

Author

Listed:
  • Yufei Wang

    (Faculty of Economics and Business Administration, Vilnius University, 10222 Vilnius, Lithuania)

  • Mangirdas Morkūnas

    (Business School, Vilnius University, 10225 Vilnius, Lithuania)

  • Jinzhao Wei

    (University International College, Macao University of Science and Technology, Macao 999078, China)

Abstract

This literature review focuses on cultural-related studies and game theory. First of all, it analyzes how social dynamics and strategic interactions can be shaped by different cultural environments. Secondly, it examines how cultural norms can affect strategic decision making and how game theory could predict cooperations and conflicts. Overall, this study aims to highlight the applicability of game theory in the modeling of cultural transformation and its interaction with behavioral economics. Moreover, this study also attempts to underscore the significance of game theory and cultural diversity in communication methods, plus the process of policy formulation. In addition to the above topics, the robustness of cross-cultural social norms, the economic study of different cultural heritage, and the cultural effects of tourism under game theory are also focal points of this study. Finally, this review delves into how game theory can represent social interactions, emphasizing the need to incorporate extensive cultural knowledge in order to enhance the efficacy of game-theoretic model’s applications.

Suggested Citation

  • Yufei Wang & Mangirdas Morkūnas & Jinzhao Wei, 2024. "Strategic Synergies: Unveiling the Interplay of Game Theory and Cultural Dynamics in a Globalized World," Games, MDPI, vol. 15(4), pages 1-25, June.
    • Handle: RePEc:gam:jgames:v:15:y:2024:i:4:p:24-:d:1426290
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2073-4336/15/4/24/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2073-4336/15/4/24/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Victoria V Rostovtseva & Franz J Weissing & Anna A Mezentseva & Marina L Butovskaya, 2020. "Sex differences in cooperativeness—An experiment with Buryats in Southern Siberia," PLOS ONE, Public Library of Science, vol. 15(9), pages 1-15, September.
    2. Farrow, Katherine & Grolleau, Gilles & Ibanez, Lisette, 2017. "Social Norms and Pro-environmental Behavior: A Review of the Evidence," Ecological Economics, Elsevier, vol. 140(C), pages 1-13.
    3. Kathryn Merrick & Medria Hardhienata & Kamran Shafi & Jiankun Hu, 2016. "A Survey of Game Theoretic Approaches to Modelling Decision-Making in Information Warfare Scenarios," Future Internet, MDPI, vol. 8(3), pages 1-29, July.
    4. Serge Svizzero, 2016. "Foraging Wild Resources: Evolving Goals of an Ubiquitous Human Behavior," Post-Print hal-02147756, HAL.
    5. Edward Cartwright & Amrish Patel, 2010. "Imitation and the Incentive to Contribute Early in a Sequential Public Good Game," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 12(4), pages 691-708, August.
    6. Daniel Roos & Rüdiger Hahn, 2019. "Understanding Collaborative Consumption: An Extension of the Theory of Planned Behavior with Value-Based Personal Norms," Journal of Business Ethics, Springer, vol. 158(3), pages 679-697, September.
    7. Yann Algan & Clément Malgouyres & Thierry Mayer & Mathias Thoenig, 2022. "The Economic Incentives of Cultural Transmission: Spatial Evidence from Naming Patterns Across France," The Economic Journal, Royal Economic Society, vol. 132(642), pages 437-470.
    8. Simon Bartke & Steven J. Bosworth & Dennis J. Snower & Gabriele Chierchia, 2019. "Motives and comprehension in a public goods game with induced emotions," Theory and Decision, Springer, vol. 86(2), pages 205-238, March.
    9. repec:zbw:espost:178631 is not listed on IDEAS
    10. Marco Battaglini & Bård Harstad, 2020. "The Political Economy of Weak Treaties," Journal of Political Economy, University of Chicago Press, vol. 128(2), pages 544-590.
    11. Devrim Murat Yazan & Vahid Yazdanpanah & Luca Fraccascia, 2020. "Learning strategic cooperative behavior in industrial symbiosis: A game‐theoretic approach integrated with agent‐based simulation," Business Strategy and the Environment, Wiley Blackwell, vol. 29(5), pages 2078-2091, July.
    12. Roos, Patrick & Gelfand, Michele & Nau, Dana & Lun, Janetta, 2015. "Societal threat and cultural variation in the strength of social norms: An evolutionary basis," Organizational Behavior and Human Decision Processes, Elsevier, vol. 129(C), pages 14-23.
    13. Bezin, Emeline & Ponthière, Gregory, 2019. "The tragedy of the commons and socialization: Theory and policy," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    14. Yu Zhang & Yu Wu, 2012. "How behaviors spread in dynamic social networks," Computational and Mathematical Organization Theory, Springer, vol. 18(4), pages 419-444, December.
    15. Nagurney, Anna & Flores, Emilio Alvarez & Soylu, Ceren, 2016. "A Generalized Nash Equilibrium network model for post-disaster humanitarian relief," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 95(C), pages 1-18.
    16. Adlakha, Sachin & Johari, Ramesh & Weintraub, Gabriel Y., 2015. "Equilibria of dynamic games with many players: Existence, approximation, and market structure," Journal of Economic Theory, Elsevier, vol. 156(C), pages 269-316.
    17. Larry Samuelson, 2016. "Game Theory in Economics and Beyond," Journal of Economic Perspectives, American Economic Association, vol. 30(4), pages 107-130, Fall.
    18. Farrow, Katherine & Grolleau, Gilles & Ibanez, Lisette, 2017. "Social Norms and Pro-environmental Behavior: A Review of the Evidence," Ecological Economics, Elsevier, vol. 140(C), pages 1-13.
    19. S. Du & F. Ma & Z. Fu & L. Zhu & J. Zhang, 2015. "Game-theoretic analysis for an emission-dependent supply chain in a ‘cap-and-trade’ system," Annals of Operations Research, Springer, vol. 228(1), pages 135-149, May.
    20. Elinor Ostrom, 2014. "Do institutions for collective action evolve?," Journal of Bioeconomics, Springer, vol. 16(1), pages 3-30, April.
    21. Michiru Nagatsu & Chiara Lisciandra, 2021. "Why Is Behavioral Game Theory a Game for Economists? The Concept of Beliefs in Equilibrium," Springer Books, in: Susumu Egashira & Masanori Taishido & D. Wade Hands & Uskali Mäki (ed.), A Genealogy of Self-Interest in Economics, pages 289-308, Springer.
    22. Stefan Sperlich & Jose-Ramon Uriarte, 2019. "The economics of minority language use: theory and empirical evidence for a language game model," Papers 1908.11604, arXiv.org.
    23. Blazquez, Desamparados & Domenech, Josep, 2018. "Big Data sources and methods for social and economic analyses," Technological Forecasting and Social Change, Elsevier, vol. 130(C), pages 99-113.
    24. Anoop Menon, 2018. "Bringing cognition into strategic interactions: Strategic mental models and open questions," Strategic Management Journal, Wiley Blackwell, vol. 39(1), pages 168-192, January.
    25. Przepiorka, Wojtek & Andreas, Diekmann, 2021. "Parochial cooperation and the emergence of signalling norms," SocArXiv 9tg2f, Center for Open Science.
    26. Lo Prete, Chiara & Hobbs, Benjamin F., 2016. "A cooperative game theoretic analysis of incentives for microgrids in regulated electricity markets," Applied Energy, Elsevier, vol. 169(C), pages 524-541.
    27. Changqing Sun & Hong Chen & Ruihua Liao, 2021. "Research on Incentive Mechanism and Strategy Choice for Passing on Intangible Cultural Heritage from Masters to Apprentices," Sustainability, MDPI, vol. 13(9), pages 1-13, May.
    28. Tomeczek, Artur F., 2022. "The evolution of Japanese keiretsu networks: A review and text network analysis of their perceptions in economics," Japan and the World Economy, Elsevier, vol. 62(C).
    29. Werner Hoffmann & Dovev Lavie & Jeffrey J. Reuer & Andrew Shipilov, 2018. "The interplay of competition and cooperation," Strategic Management Journal, Wiley Blackwell, vol. 39(12), pages 3033-3052, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bartels, Lara & Kesternich, Martin, 2022. "Motivate the crowd or crowd- them out? The impact of local government spending on the voluntary provision of a green public good," ZEW Discussion Papers 22-040, ZEW - Leibniz Centre for European Economic Research.
    2. Schleich, Joachim & Alsheimer, Sven, 2024. "The relationship between willingness to pay and carbon footprint knowledge: Are individuals willing to pay more to offset their carbon footprint if they learn about its size and distance to the 1.5 °C," Ecological Economics, Elsevier, vol. 219(C).
    3. Grolleau, Gilles & Ibanez, Lisette & Mzoughi, Naoufel, 2020. "Moral judgment of environmental harm caused by a single versus multiple wrongdoers: A survey experiment," Ecological Economics, Elsevier, vol. 170(C).
    4. Ming, Yaxin & Deng, Huixin & Wu, Xiaoyue, 2022. "The negative effect of air pollution on people's pro-environmental behavior," Journal of Business Research, Elsevier, vol. 142(C), pages 72-87.
    5. Maccarrone, Giovanni & Marini, Marco A. & Tarola, Ornella, 2023. "Shop Until You Drop: the Unexpected Effects of Anticonsumerism and Environmentalism," FEEM Working Papers 330384, Fondazione Eni Enrico Mattei (FEEM).
    6. Karoline Gamma & Robert Mai & Moritz Loock, 2020. "The Double-Edged Sword of Ethical Nudges: Does Inducing Hypocrisy Help or Hinder the Adoption of Pro-environmental Behaviors?," Journal of Business Ethics, Springer, vol. 161(2), pages 351-373, January.
    7. Falk, Armin & Boneva, Teodora & Chopra, Felix, 2021. "Fighting Climate Change: the Role of Norms, Preferences, and Moral Values," CEPR Discussion Papers 16343, C.E.P.R. Discussion Papers.
    8. Phu Nguyen-Van & Anne Stenger & Tuyen Tiet, 2021. "Social incentive factors in interventions promoting sustainable behaviors: A meta-analysis," PLOS ONE, Public Library of Science, vol. 16(12), pages 1-27, December.
    9. Cosimo Talò, 2024. "Modelling and Measuring Local Community Engagement (LCE)," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 173(2), pages 475-498, June.
    10. Carolin V. Zorell, 2020. "Nudges, Norms, or Just Contagion? A Theory on Influences on the Practice of (Non-)Sustainable Behavior," Sustainability, MDPI, vol. 12(24), pages 1-21, December.
    11. Castro-Santa, Juana & Drews, Stefan & Bergh, Jeroen van den, 2023. "Nudging low-carbon consumption through advertising and social norms," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 102(C).
    12. Jana Eßer & Manuel Frondel & Stephan Sommer, 2023. "Soziale Normen und der Emissionsausgleich bei Flügen: Evidenz für deutsche Haushalte [Social Norms and Flight Emission Offsets: Evidence for German Households]," AStA Wirtschafts- und Sozialstatistisches Archiv, Springer;Deutsche Statistische Gesellschaft - German Statistical Society, vol. 17(1), pages 71-99, March.
    13. Gkargkavouzi, Anastasia & Halkos, George & Matsiori, Steriani, 2019. "How do motives and knowledge relate to intention to perform environmental behavior? Assessing the mediating role of constraints," Ecological Economics, Elsevier, vol. 165(C), pages 1-1.
    14. Alper Ozpinar, 2023. "A Hyper-Integrated Mobility as a Service (MaaS) to Gamification and Carbon Market Enterprise Architecture Framework for Sustainable Environment," Energies, MDPI, vol. 16(5), pages 1-22, March.
    15. Welsch, Heinz, 2021. "How climate-friendly behavior relates to moral identity and identity-protective cognition: Evidence from the European social surveys," Ecological Economics, Elsevier, vol. 185(C).
    16. Leonhard K. Lades & Kate Laffan & Till O. Weber, 2020. "Do economic preferences predict pro-environmental behaviour?," Working Papers 202003, Geary Institute, University College Dublin.
    17. Chen, Shihua & Chen, Yulin & Jebran, Khalil, 2021. "Trust and corporate social responsibility: From expected utility and social normative perspective," Journal of Business Research, Elsevier, vol. 134(C), pages 518-530.
    18. Coisnon, Thomas & Rousselière, Damien & Rousselière, Samira, 2018. "Information on biodiversity and environmental behaviors: a European study of individual and institutional drivers to adopt sustainable gardening practices," Working Papers 272611, Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2).
    19. Marco Vincenzi, 2023. "Mapping the empirical relationship between environmental performance and social preferences: Evidence from macro data," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2023(1), pages 85-102.
    20. Danuta Miłaszewicz, 2022. "Survey Results on Using Nudges for Choice of Green-Energy Supplier," Energies, MDPI, vol. 15(7), pages 1-19, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jgames:v:15:y:2024:i:4:p:24-:d:1426290. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.