Lying for the Greater Good: Bounded Rationality in a Team

This paper is concerned with the interaction between fully and boundedly rational agents in situations where their interests are perfectly aligned. The cognitive limitations of the boundedly rational agent do not allow him to fully understand the market conditions and lead him to take non-optimal de...

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Bibliographic Details
Main Author: Oktay Sürücü
Format: Article
Language:English
Published: Università degli Studi di Urbino Carlo Bo 2014-10-01
Series:International Journal of Economic Behavior
Subjects:
Online Access:http://ijeb.faa.ro/download/490_11%20-%2014-27%20-%20Surucu.pdf