Reference dependence, cooperation, and coordination in games

The problems of how self-interested players can cooperate despite incentives to defect, and how players can coordinate despite the presence of multiple equilibria, are among the oldest and most fundamental in game theory. In this report, we demonstrate that a plausible and even natural specification...

Popoln opis

Bibliografske podrobnosti
Main Authors: Mark Schneider, Jonathan W. Leland
Format: Article
Jezik:English
Izdano: Cambridge University Press 2015-03-01
Serija:Judgment and Decision Making
Teme:
Online dostop:http://journal.sjdm.org/14/14401/jdm14401.pdf