Analysis of Behavioral Economics in Crowdsensing: A Loss Aversion Cooperation Model

Table 1

Mapping of the grape experiment and incentive mechanisms.

	Participants	Step one	Step two	Regulation
Grape experiment option 1	Monkeys	Put one grape in front of the monkeys	Do a coin toss	Coins face up; add 1 grape
Grape experiment option 2	Monkeys	put two grapes in front of the monkeys	Do a coin toss	Coins face down; take away 1 grape
Traditional incentive mechanism	Network nodes	The node chooses whether to participate	The node chooses whether to participate	Increase the node contribution only if the node cooperates
New incentive mechanism based on the loss aversion	Network nodes	Increase the node contribution to the capable nodes	The node chooses whether to participate	Decrease the node contribution only if the node does not cooperate
Common	Having a certain understanding to determine their own interests	Encourage monkeys to participate in experiment; encourage nodes to join in system	Although the coin toss is a probability event, the choice of cooperation is the node’s own decision; they are for the subsequent results and monkeys/nodes know how it works	Additional gained contribution (grape) and feeling happy, or loss of contribution (grape) and feeling pain