Güth, Werner; Kliemt, Hartmut - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004
Subjective payoffs that represent given preferences “all things considered” together withstrictly uncommitted opportunity taking cannot account for the behavior of personal actors. It is shown how agent basedapproaches can explicitly capture internal commitments of persons while sticking to...