On Loss Aversion in Bimatrix Games
نویسندگان
چکیده
منابع مشابه
On Loss Aversion in Bimatrix Games
In this article three different types of loss aversion equilibria in bimatrix games are studied. Loss aversion equilibria are Nash equilibria of games where players are loss averse and where the reference points—points below which they consider payoffs to be losses— are endogenous to the equilibrium calculation. The first type is the fixed point loss aversion equilibrium, introduced in Shalev (...
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ژورنال
عنوان ژورنال: Theory and Decision
سال: 2008
ISSN: 0040-5833,1573-7187
DOI: 10.1007/s11238-008-9102-6