PL EN


Journal
2015 | 23 | 5-22
Article title

Some Problems With Judging Rationality

Authors
Content
Title variants
Languages of publication
PL EN
Abstracts
PL
The gap between game-theoretic predictions and actual choices people make in, for instance, gaming experiments has been over-interpreted as evidence against rationality of players. I consider a version of the ultimatum game and examine its equilibria under different assumptions about players’ preferences. Using standard notions of rationality I show that the discrepancy between the “normative” and the “descriptive” cannot be established by a simple comparison of what is predicted by the equilibrium choices and the actual choices people make.
Journal
Year
Issue
23
Pages
5-22
Physical description
Dates
published
2015-06-15
Contributors
author
  • University of Maryland
References
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-42dac8fc-1d60-4135-898f-4f6f5858b6b4
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