Revealed preferences in a sequential prisoners’ dilemma: A horse-race between six utility functions

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Contingent social utility in the prisoners’ dilemma

We examined a central assumption of recent theories: that social utility is contingent on impressions of other people. We manipulated participants’ impression of the other player in a prisoners’ dilemma. We then measured participants’ own preferences in the PD, their estimates of the other player’s preferences in the PD, their prediction of the other player’s move, and their own move. We hypoth...

متن کامل

A One-Shot Prisoners' Dilemma with Procedural Utility

This article introduces a model of rationality that combines procedural utility over actions with consequential utility over payo¤s. It applies the model to the Prisoners’ Dilemma and shows that empirically observed cooperative behaviors can be rationally explained by a procedural utility for cooperation. The model characterizes the situations in which cooperation emerges as a Nash equilibrium....

متن کامل

Sequential Equilibria in the Repeated Prisoners’ Dilemma with Private Monitoring

We analyze the infinitely repeated prisoners’ dilemma with imperfect private monitoring. The efficient outome can be approximated in any prisoners’ dilemma game, while every individually rational feasible payoff can be approximated in a class of prisoner dilemma games. Our results require that monitoring be sufficiently accurate but do not require very low discounting.

متن کامل

Stochastic Expected Utility and Prospect Theory in a Horse Race: A Finite Mixture Approach

This study compares the performance of Prospect Theory versus Stochastic Expected Utility Theory at fitting data on decision making under risk. Both theories incorporate well-known deviations from Expected Utility Maximization such as the Allais paradox or the fourfold pattern of risk attitudes. Stochastic Expected Utility Theory parsimoniously extends the standard microeconomic model, whereas ...

متن کامل

Network Structures between Strategies in Iterated Prisoners' Dilemma Games

We use replicator dynamics to study an iterated prisoners’ dilemma game with memory. In this study, we investigate the characteristics of all 32 possible strategies with a single-step memory by observing the results when each strategy encounters another one. Based on these results, we define similarity measures between the 32 strategies and perform a network analysis of the relationship between...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Journal of Economic Behavior & Organization

سال: 2020

ISSN: 0167-2681

DOI: 10.1016/j.jebo.2020.02.018