Article ID Journal Published Year Pages File Type
10480310 Mathematical Social Sciences 2013 9 Pages PDF
Abstract
We introduce a minimal notion of altruism and use it to refine Nash equilibria in normal form games. We provide three independent existence proofs, relate minimally altruistic Nash equilibrium to other equilibrium concepts, conduct an in-depth sensitivity analysis, and provide examples where minimally altruistic Nash equilibrium leads to improved predictions.
Related Topics
Physical Sciences and Engineering Mathematics Applied Mathematics
Authors
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