A minimally altruistic refinement of Nash equilibrium

We introduce a minimal notion of altruism and use it to refine Nash equilibria in normal form games. We provide three independent existence proofs, relate minimally altruistic Nash equilibrium to other equilibrium concepts, conduct an in-depth sensitivity analysis, and provide examples where minimally altruistic Nash equilibrium leads to improved predictions.

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Year of publication:	2013
Authors:	Karagözoğlu, Emin ; Keskin, Kerim ; Sağlam, Çağrı
Published in:	Mathematical Social Sciences. - Elsevier, ISSN 0165-4896. - Vol. 66.2013, 3, p. 422-430
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011065212