“…As discussed by Landes (1998), "the same value thwarted by "bad government" at home can find opportunity else where, as in the case of China." 3 This paper closely follows the works on indirect evolutionary approach including Güth and Yaari (1992), Güth (1995), Bester and Güth (1998), McNamara, Gasson and Houston (1999), Sethi and Somanathan (2001), Ok and Vega-Redondo (2001), Van Veelen (2006), Dekel, Ely and Yilankaya (2007), Spiegel (2007a, 2007b), Kuran and Sandholm (2008), Akçay et al (2009), Alger (2010) and Alger and Weibull (2010, 2013.…”