A dynamic game of status‐seeking with public capital and an exhaustible resource
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Bibliographic record
Abstract
Abstract This paper explores the link between status‐seeking and the exploitation of a common property exhaustible resource. The extracted resource is an input in the production of a final good. The other input is man‐made capital, which is a second state variable. Extraction requires efforts. Economic agents derive utility not only from absolute consumption, but also from relative consumption, because the latter is a signal of relative status. We consider a differential game involving n infinitely lived agents. We compare the Markov‐perfect Nash equilibrium of this game with the outcome under cooperation. We find that the degree of status‐consciousness has important impact on the Markov‐perfect Nash equilibrium. A higher degree of status‐consciousness leads to greater excessive consumption, and lower capital accumulation. If extraction is costless, status‐consciousness has no impact on the extraction/resource‐stock ratio. However, with costly extraction, higher status‐consciousness reduces this ratio. Copyright © 2009 John Wiley & Sons, Ltd.
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Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.001 | 0.000 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.000 | 0.000 |
| Science and technology studies | 0.000 | 0.000 |
| Scholarly communication | 0.000 | 0.000 |
| Open science | 0.000 | 0.000 |
| Research integrity | 0.000 | 0.000 |
| Insufficient payload (model declined to judge) | 0.000 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it