We study agents whose expected utility preferences are interdependent for informational or psychological reasons. We characterize when two types can be “strategically distinguished” …
EM Calford - Journal of Economic Theory, 2021 - Elsevier
We study the use of mixed strategies in games by ambiguity averse agents with a preference for randomization. Applying the decision theoretic model of Saito (2015) to games, we …
This paper characterizes both point-rationalizability and rationalizability in large games when societal responses are formulated as distributions or averages of individual actions …
S Morris, S Takahashi - Economic Theory Center Working Paper, 2012 - papers.ssrn.com
We introduce a game in preference form, which consists of a game form and a preference structure, and define preference rationalizability that allows for each player's ex-post …
We find that, for sufficiently risk-averse agents, strict dominance by pure or mixed actions coincides with dominance by pure actions in the sense of (Börgers in Econometrica 61 (2) …
We study the risk index of an additive gamble proposed in Aumann and Serrano (J Political Econ 116 (5): 810–836, 2008). We establish a generalized duality result for this index and …
M Trost - Games and Economic Behavior, 2019 - Elsevier
In this paper, we detect meaningful properties of choice rules ensuring that the solution generated by iterated application of choice rules specifies the strategy profiles that might be …
We consider finite games in strategic form with Choquet expected utility. Using the notion of (unambiguously) believed, we define Choquet rationalizability and characterize it by …
The present dissertation consists of three independent essays on Game Theory and its applications to Economics. The first essay compares two standard notions of rational choice …