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This paper investigates whether the strategic behavior of expected utility players differs from that of non-expected utility players in the context of incomplete information games where players can choose mixed strategies. Two conditions are identified where uncertainty-averse non-expected...
Persistent link: https://www.econbiz.de/10011688280
This paper investigates whether the strategic behavior of expected utility players differs from that of non-expected utility players in the context of incomplete information games where players can choose mixed strategies. Two conditions are identified where uncertainty-averse non-expected...
Persistent link: https://www.econbiz.de/10011458262
Persistent link: https://www.econbiz.de/10012320544
Persistent link: https://www.econbiz.de/10012815405