Wolf-Biederman
The Wolf-Biederman model is a theoretical framework used in the field of economics and social sciences. It focuses on understanding the dynamics of cooperation and competition among individuals or groups. The model helps to analyze how different strategies can lead to various outcomes in social interactions.
Developed by researchers Wolf and Biederman, this model incorporates elements from game theory and behavioral economics. It provides insights into how people make decisions based on their interactions with others, highlighting the balance between self-interest and collective benefit.