Team reasoning and the rational choice of payoff-dominant outcomes in games

Standard game theory cannot explain the selection of payoff-dominant outcomes that are best for all players in common-interest games. Theories of team reasoning can explain why such mutualistic cooperation is rational. They propose that teams can be agents and that individuals in teams can adopt a d...

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Bibliographic Details
Main Authors: Gold, N, Colman, A
Format: Journal article
Language:English
Published: Springer 2018