Subjective games in a non-cooperative game (Q4943245)
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scientific article; zbMATH DE number 1416030
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| English | Subjective games in a non-cooperative game |
scientific article; zbMATH DE number 1416030 |
Statements
Subjective games in a non-cooperative game (English)
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20 May 2001
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two-person noncoopeerative games
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Nash equilibrium
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subjective equilibrium
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0.9115310907363892
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0.8778199553489685
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0.7799211144447327
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0.7766350507736206
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0.7764080166816711
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This paper proposes an extension of two-person noncooperative games by incorporating the motives of players. Motives may be maximizing your own payoff, minimizing the opponent's payoff or the difference between payoffs, maximizing the sum of payoffs, etc. Each player attaches subjective weights to his own motives and to the possible motives of the other player, and thus two additional noncooperative ``subjective'' games are added to the given ``public'' game. Behaviour of players (e.g., in experiments) can then be described as Nash equilibria in subjective games, consisting of so-called subjective equilibrium strategies. The paper provides many examples and elaborates on the prisoners' dilemma game. It does not contain further reaching mathematical theorems.
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