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  • 标题:Evidential equilibria: Heuristics and biases in static games of complete information Working Paper Version
  • 本地全文:下载
  • 作者:Ali al-Nowaihi ; Sanjit Dhami
  • 期刊名称:Discussion Papers / University of Leicester, Department of Economics
  • 出版年度:2015
  • 出版社:Leicester
  • 摘要:Standard equilibrium concepts in game theory find it difficult to explain the empirical evidence from a large number of static games including the prisoners dilemma game, the hawk-dove game, voting games, public goods games and oligopoly games. Under uncertainty about what others will do in one-shot games, evidence suggests that people often use evidential reasoning (ER), i.e., they assign diagnostic significance to their own actions in forming beliefs about the actions of other like-minded players. This is best viewed as a heuristic or bias relative to the standard approach. We provide a formal theoretical framework that incorporates ER into static games by proposing evidential games and the relevant solution concept: evidential equilibrium (EE). We derive the relation between a Nash equilibrium and an EE. We illustrate these concepts in the context of the prisoners dilemma game.
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