COGNITIVE EMPATHY IN CONFLICT SITUATIONS

成果类型:
Article
署名作者:
Gauer, Florian; Kuzmics, Christoph
署名单位:
University of Bielefeld; University of Graz
刊物名称:
INTERNATIONAL ECONOMIC REVIEW
ISSN/ISSBN:
0020-6598
DOI:
10.1111/iere.12471
发表日期:
2020
页码:
1659-1678
关键词:
Endogenous information acquisition rational inattention strategic advantage guessing games players models Bayesian games positive value EVOLUTION BEHAVIOR preferences
摘要:
Two individuals are involved in a conflict situation in which preferences are ex ante uncertain. Although they eventually learn their own preferences, they have to pay a small cost if they want to secretly learn their opponent's preferences. We show that there is an interval with an upper bound less than 1 and lower bound greater than zero such that, for sufficiently small positive costs of information acquisition, in any Bayesian Nash equilibrium of the resulting game of incomplete information the probability of acquiring information about the opponent's preferences is within this interval.