Belief-Dependent Motivations and Psychological Game Theory

The mathematical framework of psychological game theory is useful for describing many forms of motivation where preferences depend directly on own or others' beliefs. It allows for incorporating, e.g., emotions, reciprocity, image concerns, and self-esteem in economic analysis. We explain how and why, discussing basic theory, experiments, applied work, and methodology.

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Year of publication:	2020
Authors:	Battigalli, Pierpaolo ; Dufwenberg, Martin
Publisher:	Munich : Center for Economic Studies and ifo Institute (CESifo)
Subject:	psychological game theory \| belief-dependent motivation \| reciprocity \| emotions \| image concerns \| self-esteem

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Series:	CESifo Working Paper ; 8285
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1698028431 [GVK] hdl:10419/217036 [Handle] RePec:ces:ceswps:_8285 [RePEc]
Classification:	C72 - Noncooperative Games ; D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving
Source:	EconStor

Persistent link: https://www.econbiz.de/10012214196