Modeling Strategic Threats
This study evaluates the importance of accurately modeling strategic threats in complex multilateral conflict-of-interest decision problems. The objective is to improve prescriptive accuracy when cooperative n-person game theory is applied to the analysis of such problems. A competitive experiment compares the von Neumann-Morgenstern characteristic function v and Harsanyi function H in terms of descriptive accuracy. Results indicate that H is significantly more accurate than v. This suggests that strategic threats may be an important factor in modeling cooperative games.
Year of publication: |
1990
|
---|---|
Authors: | Sakurai, Melvin M. |
Published in: |
Journal of Conflict Resolution. - Peace Science Society (International). - Vol. 34.1990, 1, p. 74-91
|
Publisher: |
Peace Science Society (International) |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
A Competitive Test of the M1 (i) and M1 (im) Bargaining Sets
Michener, H. Andrew, (1979)
-
A Research Note on the Predictive Adequacy of the Kernel
Michener, H. Andrew, (1976)
-
Sakurai, Melvin M., (1980)
- More ...