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A large and growing literature on reputation in games builds on the insight that the possibility of one or more players being other than fully rational can have significant effects on equilibrium behavior. This literature leaves unexplained the presence of behavioral players in the first place,...
Persistent link: https://www.econbiz.de/10014135673
Persistent link: https://www.econbiz.de/10005409071
A large and growing literature on reputation in games builds on the insight that the possibility of one or more players being other than fully rational can have significant effects on equilibrium behavior. This literature leaves unexplained the presence of behavioral players in the first place,...
Persistent link: https://www.econbiz.de/10005550888