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Cooperation, psychological game theory, and limitations of rationality in social interaction

Andrew M. Colman
2003 Behavioral and Brain Sciences  
Since the publication of Freud's earliest metapsychological writings, and in particular his adumbration of the distinction between two principles of mental functioning, the BEHAVIORAL AND BRAIN SCIENCES  ...  Instrumental rationality, conventionally interpreted, fails to explain intuitively obvious features of human interaction, yields predictions starkly at variance with experimental findings, and breaks down  ...  DeBruine and M. Wilson. ACKNOWLEDGMENT Preparation of this commentary was supported by RPF grant DGPC40 from the University of Essex.  ... 
doi:10.1017/s0140525x03000050 fatcat:l6ennmy5pvdmfns5t7gl47kckm

Inequality Aversion in a Variety of Games ? An Indirect Evolutionary Analysis

Werner Güth, Stefan Napel
2006 Economic Journal  
The indirect evolutionary approach integrates forward-looking evaluation of opportunities and adaptation in the light of the past.  ...  It depends on the type of inequality aversion considered and, importantly, agents' ability to discriminate between the qualitatively different games they face.  ...  FIG. 1 1 Expected payoff to the agent with aversion i D X in the Dictator Game and utilitỹ uX FIG. 2 2 X's ultimatum offer y * FIG. 4 4 Expected payoff to agent with aversion i U in the Ultimatum Game  ... 
doi:10.1111/j.1468-0297.2006.01122.x fatcat:zizecrjc6zc33je3d3xmfm5ed4

BEHAVIORAL FOUNDATIONS OF RECIPROCITY: EXPERIMENTAL ECONOMICS AND EVOLUTIONARY PSYCHOLOGY

ELIZABETH HOFFMAN, KEVIN A. MCCABE, VERNON L. SMITH
1998 Economic Inquiry  
Experiments, however, regularly fail to support the game theoretic prediction of noncooperative behavior in small-group strategic interaction and in large-group public good environments.  ...  In these two types of experiments subjects frequently achieve more efficient social outcomes-they collect more money from the experimenter-than noncooperative game theory predicts.  ...  These psychology experiments are of particular interest to experimental economists because they complement subject behavior in many games of strategic interaction.  ... 
doi:10.1111/j.1465-7295.1998.tb01719.x fatcat:bn7ahlxe3vdvfow4jvrqftfari

Games people play—toward an enactive view of cooperation in social neuroscience

Denis A. Engemann, Danilo Bzdok, Simon B. Eickhoff, Kai Vogeley, Leonhard Schilbach
2012 Frontiers in Human Neuroscience  
The field of social neuroscience has made considerable progress in unraveling the neural correlates of human cooperation by making use of brain imaging methods.  ...  Within this field, neuroeconomic research has drawn on paradigms from experimental economics, such as the Prisoner's Dilemma (PD) and the Trust Game.  ...  It is notable that the experimental games employed in neuroeconomics are not only useful to set up effective protocols for the study of cooperation.  ... 
doi:10.3389/fnhum.2012.00148 pmid:22675293 pmcid:PMC3365482 fatcat:kkkapa4jbnfjxpvithuqmekkvm

Neurocircuits underlying cognition–emotion interaction in a social decision making context

S. Shaun Ho, Richard D. Gonzalez, James L. Abelson, Israel Liberzon
2012 NeuroImage  
In this study we addressed this gap by systematically manipulating cognition-emotion interaction in a social DM context, when the participants played a card game with a hypothetical opponent in a behavioral  ...  Decision making (DM) in the context of others often entails complex cognition-emotion interaction.  ...  Acknowledgments This study is supported by intramural funds at the University of Michigan, Ann Arbor.  ... 
doi:10.1016/j.neuroimage.2012.07.017 pmid:22813951 fatcat:cia3lekrvzfjfbtg2zdjln7k5i

Behavioral economics research and the foundations of economics

Vernon L. Smith
2005 The Journal of Socio-Economics  
After some comments on methodology and on concepts of fairness, I will discuss the question of wealth maximization versus the economics of survival, and their different implications for behavior.  ...  After some comments on methodology and on concepts of fairness, I will close on the question of wealth maximization versus the economics of survival, and their different implications for behavior.  ...  To both, how agents think indeed exhausts the core of investigation. (5) Finally, psychologists and economic theorists have identified rationality almost entirely as expected utility (including expected  ... 
doi:10.1016/j.socec.2004.09.003 fatcat:6do55tplznfrrjyg2mg26qdniy

Bargaining Problem: Does Disagreement Point Result from Value Control or Value Deprivation? or, Does Value Control (or Value Deprivation) Result from Disagreement?- A Win-Win-Win Papakonstantinidis Approach

Leonidas Papakonstantinidis
2019 Journal of International Business Research and Marketing  
Value deprivation arises due to the lack of goods-values which are available to a higher economic class of consumers as a point of disagreement in a cause-effect relationship or even vice versa, within  ...  State of deprivation, Value destruction, and disagreement point are examined separately, and so is the methodological tool, called the "win-win-win Papakonstantinidis model" intended for investigating  ...  The idea of a two-way effect is essential in the concept of interaction, as opposed to a one-way causal effect.  ... 
doi:10.18775/jibrm.1849-8558.2015.43.3003 fatcat:uinnk24irbefzcyh6g65uct46a

What's a face worth: Noneconomic factors in game playing

Peter J. B. Hancock, Lisa M. DeBruine
2003 Behavioral and Brain Sciences  
Since the publication of Freud's earliest metapsychological writings, and in particular his adumbration of the distinction between two principles of mental functioning, the BEHAVIORAL AND BRAIN SCIENCES  ...  Instrumental rationality, conventionally interpreted, fails to explain intuitively obvious features of human interaction, yields predictions starkly at variance with experimental findings, and breaks down  ...  DeBruine and M. Wilson. ACKNOWLEDGMENT Preparation of this commentary was supported by RPF grant DGPC40 from the University of Essex.  ... 
doi:10.1017/s0140525x03320059 fatcat:2pbqoyyanrh6vpmicrpeeczbz4

Coordination and cooperation

Maarten C. W. Janssen
2003 Behavioral and Brain Sciences  
Since the publication of Freud's earliest metapsychological writings, and in particular his adumbration of the distinction between two principles of mental functioning, the BEHAVIORAL AND BRAIN SCIENCES  ...  Instrumental rationality, conventionally interpreted, fails to explain intuitively obvious features of human interaction, yields predictions starkly at variance with experimental findings, and breaks down  ...  DeBruine and M. Wilson. ACKNOWLEDGMENT Preparation of this commentary was supported by RPF grant DGPC40 from the University of Essex.  ... 
doi:10.1017/s0140525x03350058 fatcat:noqqy5txlfhy5pdxmznge3saqe

Bridging psychology and game theory yields interdependence theory

Paul A. M. Van Lange, Marcello Gallucci
2003 Behavioral and Brain Sciences  
Since the publication of Freud's earliest metapsychological writings, and in particular his adumbration of the distinction between two principles of mental functioning, the BEHAVIORAL AND BRAIN SCIENCES  ...  Instrumental rationality, conventionally interpreted, fails to explain intuitively obvious features of human interaction, yields predictions starkly at variance with experimental findings, and breaks down  ...  DeBruine and M. Wilson. ACKNOWLEDGMENT Preparation of this commentary was supported by RPF grant DGPC40 from the University of Essex.  ... 
doi:10.1017/s0140525x03470052 fatcat:vizigdfu5ze7jpqtw7ofhrdmva

Coordination and cooperation [chapter]

2015 United Nations Commission on International Trade Law (UNCITRAL) Yearbook 2012  
Since the publication of Freud's earliest metapsychological writings, and in particular his adumbration of the distinction between two principles of mental functioning, the BEHAVIORAL AND BRAIN SCIENCES  ...  Instrumental rationality, conventionally interpreted, fails to explain intuitively obvious features of human interaction, yields predictions starkly at variance with experimental findings, and breaks down  ...  DeBruine and M. Wilson. ACKNOWLEDGMENT Preparation of this commentary was supported by RPF grant DGPC40 from the University of Essex.  ... 
doi:10.18356/1809fadb-en fatcat:nvrwbcyfjve3zbosyjkqpiffm4

Planner-Doer - Self-control and Regular Study

Katarzyna Bentkowska, SGH Warsaw School of Economics
2019 e-mentor  
Prior to this, economists had experimentally verified only the second of these manifestations, in the work of Güth et al. (1982) on the ultimatum game.  ...  Kahneman, Knetsch and Thaler (1986a) also included experiments involving the (now well-known) ultimatum game. 41 In the ultimatum game, the first player proposes an allocation of the endowment and  ... 
doi:10.15219/em82.1443 fatcat:a3mmxzkcpbdt3p6lbzmt35esju

The Cognitive Revolution and the Political Psychology of Elite Decision Making

Emilie M. Hafner-Burton, D. Alex Hughes, David G. Victor
2013 Perspectives on Politics  
Experimental evidence in cognitive psychology and behavioral economics is transforming the way political science scholars think about how humans make decisions in areas of high complexity, uncertainty,  ...  Variations in the experience of US elite decision-makers between 2002 and 2006 plausibly explain the large shift in US crisis signaling better than other rival hypotheses such as "Iraq fatigue."  ...  Second, we investigate literature in behavioral economics and cognitive psychology on human reasoning and decision-making.  ... 
doi:10.1017/s1537592713001084 fatcat:zfg5ounpf5hylesxissmauw634

The Cognitive Revolution and the Political Psychology of Elite Decision Making

Emilie Marie Hafner-Burton, Alex Hughes, David G. Victor
2012 Social Science Research Network  
Experimental evidence in cognitive psychology and behavioral economics is transforming the way political science scholars think about how humans make decisions in areas of high complexity, uncertainty,  ...  Variations in the experience of US elite decision-makers between 2002 and 2006 plausibly explain the large shift in US crisis signaling better than other rival hypotheses such as "Iraq fatigue."  ...  Second, we investigate literature in behavioral economics and cognitive psychology on human reasoning and decision-making.  ... 
doi:10.2139/ssrn.1917037 fatcat:bmx7crdkgbbzffpnkz7gcehupm

Experimental practices in economics: a methodological challenge for psychologists?

R Hertwig, A Ortmann
2001 Behavioral and Brain Sciences  
practices in psychology, primarily in the area of behavioral decision making.  ...  This target article is concerned with the implications of the surprisingly different experimental practices in economics and in areas of psychology relevant to both economists and psychologists, such as  ...  We are convinced that a common language of scientific discovery and theory-testing, in addition to experimental practices grounded in empirical evidence, promise high payoffs.  ... 
pmid:11682798 fatcat:d2fme3jkj5hm7acwa6cy3qnv5a
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