Does moral play equilibrate?

Veröffentlichungen: Beitrag in FachzeitschriftArtikelPeer Reviewed

Abstract

Some finite and symmetric two-player games have no (pure or mixed) symmetric Nash equilibrium when played by partly morally motivated players.The reason is that the "right thing to do" may be not to randomize. We analyze this issue both under complete information between equally moral players and under incomplete information between players of arbitrary degrees of morality. We provide necessary and sufficient conditions for the existence of equilibrium and illustrate the results with examples and counter examples.
OriginalspracheEnglisch
Seiten (von - bis)305-315
Seitenumfang11
FachzeitschriftEconomic Theory
Jahrgang71
Ausgabenummer1
Frühes Online-Datum22 Jan. 2020
DOIs
PublikationsstatusVeröffentlicht - Feb. 2021

ÖFOS 2012

  • 101015 Operations Research

Schlagwörter

  • ISOR
  • CSP
  • MR
  • Cat2

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