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Dynamic decision-making without commitment is usually modelled as a game between the current and future selves of the … decision maker. It has been observed that if the time-horizon is infinite, then such games may have multiple subgame … decision problems with discounting. The condition is two-fold: the range of possible utility levels in the decision problem …
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Game and decision theory start from rather strong premises. Preferences, represented by utilities, beliefs represented … language enabling us to capture the process leading to what is “given” seems superior to the stenography of decision making in …
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Standard equilibrium concepts in game theory find it difficult to explain the empirical evidence from a large number of static games, including the prisoner's dilemma game, the hawk-dove game, voting games, public goods games and oligopoly games. Under uncertainty about what others will do in...
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The following analysis is meant to contribute to a history of rational choice theory. More specifically, I provide a multi-layered account of rational choice theory in terms of its biography as a scientific object. I argue that its axiomatic version, choice theory traveled between different...
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