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Strategic behavior of moralists and altruists

Alger, Ingela; Weibull, Jörgen W. - In: Games 8 (2017) 3, pp. 1-21

Does altruism and morality lead to socially better outcomes in strategic interactions than selfishness? We shed some light on this complex and non-trivial issue by examining a few canonical strategic interactions played by egoists, altruists and moralists. By altruists, we mean people who do not...

Persistent link: https://www.econbiz.de/10011852704

Strategic behavior of moralists and altruists

Alger, Ingela; Weibull, Jörgen W. - In: Games 8 (2017) 3, pp. 1-21

Persistent link: https://www.econbiz.de/10011771133

Correcting for random budgets in revealed preference experiments

Mahmood, Mir Adnan; Rehbeck, John - In: Games 13 (2022) 2, pp. 1-14

Experiments on revealed preference often use budget sets that are randomly and independently drawn according to some criteria for each participant. However, this means that the budget sets faced by different individuals are not the same. This paper proposes a method to control for these...

Persistent link: https://www.econbiz.de/10013172519

Path-independent consideration

Lleras, Juan; Masatlioglu, Yusufcan; Nakajima, Daisuke; … - In: Games 12 (2021) 1/21, pp. 1-10

In the context of choice with limited consideration, where the decision-maker may not pay attention to all available … is equivalent to a consideration function that satisfies both the attention filter and consideration filter properties … attention and consideration filters unilaterally (from Masatlioglu et al. (2012) and Lleras et al. (2017)) is necessary but not …

Persistent link: https://www.econbiz.de/10012493216

Correcting for random budgets in revealed preference experiments

Mahmood, Mir Adnan; Rehbeck, John - In: Games 13 (2022) 2, pp. 1-14

Persistent link: https://www.econbiz.de/10013200186

Path-independent consideration

Lleras, Juan; Masatlioglu, Yusufcan; Nakajima, Daisuke; … - In: Games 12 (2021) 1, pp. 1-10

Persistent link: https://www.econbiz.de/10013200083

To tender or not to tender? Deliberate and exogenous sunk costs in a public good game

Heine, Florian; Sefton, Martin - In: Games 9 (2018) 3, pp. 1-28

In an experimental study, we compare individual willingness to cooperate in a public good game after an initial team contest phase. While players in the treatment setup make a conscious decision on how much to invest in the contest, this decision is exogenously imposed on players in the control...

Persistent link: https://www.econbiz.de/10012227697

The optimal strategy in the minimum effort game

Cartwright, Edward - In: Games 9 (2018) 3, pp. 1-19

A simple expression is derived for the optimal strategy in the minimum effort game. This maps from player beliefs to an optimal effort level. From this expression the set of Nash equilibria in the game is fully characterized. All Nash equilibria are symmetric and involve at most two actions...

Persistent link: https://www.econbiz.de/10012227698

Homophily and social norms in experimental network formation games

Arifovic, Jasmina; Danese, Giuseppe - In: Games 9 (2018) 4, pp. 1-22

Field studies of networks have uncovered a preference to befriend people we perceive as similar according to some dimensions of our identity ('homophily'). Lab studies of network formation games have found that adherence to social norms of reciprocity and inequity aversion are also drivers of...

Persistent link: https://www.econbiz.de/10012227726

Call to action: Intrinsic motives and material interests

Kotsidis, Vasileios; Montoya Zegarra, Javier Alexander - In: Games 9 (2019) 4, pp. 1-24

We provide a game-theoretic account of endogenous intrinsic motivation within a principal-agent framework. We explore the incentives of an altruistic principal who, by exerting costly effort, can intrinsically motivate a present-biased agent to exhibit a direct preference for more far-sighted...

Persistent link: https://www.econbiz.de/10012227735