Showing 1 - 10 of 29,895
We propose a dual selves model to integrate affective responses and belief-dependent emotions into game theory. We … emotional self, who expresses esteem. Similar to psychological game theory, utilities depend on beliefs, but only indirectly …. More concretely, emotions affect utilities, and the expression of emotions depends on updated beliefs. Modeling affective …
Persistent link: https://www.econbiz.de/10012062314
Game spaces in which an organism must repeatedly compete with an opponent for mutually exclusive outcomes are critical methodologies for understanding decision-making under pressure. In the non-transitive game rock, paper, scissors (RPS), the only technique that guarantees the lack of...
Persistent link: https://www.econbiz.de/10012227777
Game spaces in which an organism must repeatedly compete with an opponent for mutually exclusive outcomes are critical methodologies for understanding decision-making under pressure. In the non-transitive game rock, paper, scissors (RPS), the only technique that guarantees the lack of...
Persistent link: https://www.econbiz.de/10012062319
a team production framework. The model analyzes how concave and convex status preferences for esteem solve the problem … model the choice of effort as a deliberative decision and the expression of esteem as an affective response. Modeling an …
Persistent link: https://www.econbiz.de/10011335497
a team production framework. The model analyzes how concave and convex status preferences for esteem solve the problem … model the choice of effort as a deliberative decision and the expression of esteem as an affective response. Modeling an …
Persistent link: https://www.econbiz.de/10010532532
This paper analyzes the impact of wage comparisons among inequity-averse agents on optimal incentive intensities in a linear–exponential–normal moral hazard model with multi-tasking. We consider individual and team production tasks that differ in that only individual production causes wage...
Persistent link: https://www.econbiz.de/10011041848
Actual behaviour is influenced in important ways by moral emotions, for instance guilt or shame (see among others … consider such emotions to explain other-regarding behaviour. Our study links recent advances in psychological theory on moral … emotions to belief-dependant models in economics. We find that - in addition to the positive effect of second-order beliefs and …
Persistent link: https://www.econbiz.de/10010281628
Intentions-based models of social preferences use the framework of psychological games and incorporate higher order beliefs and actions into the utility function. We test the robustness of two types of intentions-based models (guilt aversion and reciprocity). In addition to incentivised...
Persistent link: https://www.econbiz.de/10010281670
The first aim of this paper is to revisit the puzzle of cooperation in large-scale societies.It proposes a game theoretic model showing how endogenous emotion-based punishment can sustain ull cooperation when interactions are not repeated, provided that players' endogenous trust is high enough....
Persistent link: https://www.econbiz.de/10010761906
We analyse two types of belief-dependant models of social preferences: guilt aversion and reciprocity. In particular, we test the relevance of their input variables (second-order beliefs and general dispositions for guilt/reciprocity). The data confirm the predictions of belief-dependant models....
Persistent link: https://www.econbiz.de/10008671387