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In three-person envy games, an allocator, a responder, and a dummy player interact. Since agreement payoffs of … the dictator variant of the envy game, responder and dummy can only refuse their own shares, in the ultimatum variant, the …
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Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.
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Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.
Persistent link: https://www.econbiz.de/10001737581
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Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
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We give a mechanism fully implementing envy-free divisions such that: strategy spaces are symmetric, the set of Nash …
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