Evidential Equilibria: Heuristics and Biases in Static Games of Complete Information

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Evidential equilibria: Heuristics and biases in static games of complete information Working Paper Version

Standard equilibrium concepts in game theory find it diffi cult to explain the empirical evidence from a large number of static games including the prisoners’dilemma game, the hawk-dove game, voting games, public goods games and oligopoly games. Under uncertainty about what others will do in one-shot games, evidence suggests that people often use evidential reasoning (ER), i.e., they assign dia...

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Evidential Equilibria: Heuristics and Biases in Static Games of Complete Information

Standard equilibrium concepts in game theory find it difficult to explain the empirical evidence from a large number of static games, including the prisoners’ dilemma game, the hawk-dove game, voting games, public goods games and oligopoly games. Under uncertainty about what others will do in one-shot games, evidence suggests that people often use evidential reasoning (ER), i.e., they assign di...

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Evidential equilibria: Heuristics and biases in static games

Standard equilibrium concepts in game theory find it diffi cult to explain the empirical evidence in a large number of static games such as prisoners’ dilemma, voting, public goods, oligopoly, etc. Under uncertainty about what others will do in one-shot games of complete and incomplete information, evidence suggests that people often use evidential reasoning (ER), i.e., they assign diagnostic s...

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Evidential Equilibria in Static Games: Heuristics and Biases in Strategic Interaction

Standard equilibrium concepts in game theory find it diffi cult to explain the empirical evidence for a large number of static games such as prisoner’s dilemma, voting, public goods, oligopoly, etc. Under uncertainty about what others will do in one-shot games of complete and incomplete information, evidence suggests that people often use evidential reasoning (ER), i.e., they assign diagnostic ...

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Since the work of Aumann [1], the concept of correlated equilibrium (CE) has played an important role in the study of games. Correlated equilibria always exist, and unlike Nash equilibria, which are believed to be computational intractable (see [5]), a correlated equilibrium can be computed efficiently in a broad class of succinctly-representable games [19]. In a correlated equilibrium, a trust...

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ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2016

ISSN: 1556-5068

DOI: 10.2139/ssrn.2844471