A minimally altruistic refinement of Nash equilibrium

نویسندگان

  • Emin Karagözoglu
  • Kerim Keskin
  • H. Çagri Saglam
چکیده

We introduce a minimal notion of altruism and use it to refine Nash equilibria in normal form games. We provide three independent existence proofs, relate minimally altruistic Nash equilibrium to other equilibrium concepts, conduct an in-depth sensitivity analysis, and provide examples where minimally altruistic Nash equilibrium leads to improved predictions. © 2013 Elsevier B.V. All rights reserved.

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عنوان ژورنال:
  • Mathematical Social Sciences

دوره 66  شماره 

صفحات  -

تاریخ انتشار 2013