Games with second-order expected utility

• 成果类型: Article
• 署名作者: Beggs, Alan
• 署名单位: University of Oxford; University of Oxford
• 刊物名称: GAMES AND ECONOMIC BEHAVIOR
• ISSN/ISSBN: 0899-8256
• DOI: 10.1016/j.geb.2021.09.008
• 发表日期: 2021
• 页码: 569-590
• 关键词: Second-order expected utility; game theory; Probability matching; Mixed strategies

摘要

This paper studies games when agents have second-order expected utility. It examines the theoretical predictions of the model and compares its performance in explaining behavior in experimental data on games with that of quantal response equilibrium. (C) 2021 Elsevier Inc. All rights reserved.