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Mutual observability and the convergence of actions in a multi-person two-armed bandit model

Aoyagi, Masaki - In: Journal of economic theory 82 (1998) 2, pp. 405-424

Persistent link: https://www.econbiz.de/10001251530

Behavioural isomorphism, cognitive economy and recursive thought in non-transitive game strategy

Dyson, Benjamin J. - In: Games 10 (2019) 3/32, pp. 1-14

methodologies for understanding decision-making under pressure. In the non-transitive game rock, paper, scissors (RPS), the only … behavior is thought to be outside bounded rationality and so decision-making can become deterministic, predictable, and … ultimately exploitable. This review identifies similarities across economics, neuroscience, nonlinear dynamics, human, and animal …

Persistent link: https://www.econbiz.de/10012062319

Learning with limited memory : Bayesianism vs heuristics

Chatterjee, Kalyan; Hu, Tai-Wei - In: Journal of economic theory 209 (2023), pp. 1-29

Persistent link: https://www.econbiz.de/10014371739

CEO bias and product substitutability in oligopoly games

Schroeder, Elizabeth; Tremblay, Carol Horton; Tremblay, … - In: Games 13 (2022) 2, pp. 1-23

We investigate why a firm might purposefully hire a chief executive officer (CEO) who under- or over-estimates the degree of substitutability between competing products. This counterintuitive result arises in imperfect competition because CEO bias can affect rival behavior and the intensity of...

Persistent link: https://www.econbiz.de/10013172500

Strategic synergies : unveiling the interplay of game theory and cultural dynamics in a globalized world

Wang, Yufei; Morkunas, Mangirdas; Wei, Jinzhao - In: Games 15 (2024) 4, pp. 1-25

can affect strategic decision making and how game theory could predict cooperations and conflicts. Overall, this study …

Persistent link: https://www.econbiz.de/10015073248

Exploitable actions of believers in the "law of small numbers" in repeated constant-sum games

Scroggin, Steven - In: Journal of economic theory 133 (2007) 1, pp. 219-235

Persistent link: https://www.econbiz.de/10003445698

Heterogeneous quantal response equilibrium and cognitive hierarchies

Rogers, Brian W.; Palfrey, Thomas R.; Camerer, Colin - In: Journal of economic theory 144 (2009) 4, pp. 1440-1467

Persistent link: https://www.econbiz.de/10003876911

Perturbed communication games with honest senders and naive receivers

Chen, Ying - In: Journal of economic theory 146 (2011) 2, pp. 401-424

Persistent link: https://www.econbiz.de/10009242911

What behaviors are disapproved? : experimental evidence from five dictator games

López-Pérez, Raúl; Vorsatz, Marc - In: Games 3 (2012) 2, pp. 78-96

The literature on social norms has often stressed that social disapproval is crucial to foster compliance with norms and promote fair and cooperative behavior. With this in mind, we explore the disapproval of allocation decisions using experimental data from five dictator games with a feedback...

Persistent link: https://www.econbiz.de/10009752852

Feature-based choice and similarity perception in normal-form games : an experimental study

Di Guida, Sibilla; Devetag, Giovanna - In: Games 4 (2013) 4, pp. 776-794

In this paper, we claim that agents confronting with new interactive situations apply behavioral heuristics that drastically reduce the problem complexity either by neglecting the other players’ incentives, or by restricting attention to subsets of “salient” outcomes. We postulate that...

Persistent link: https://www.econbiz.de/10010240816