Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10480310 | Mathematical Social Sciences | 2013 | 9 Pages |
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
Emin KaragözoÄlu, Kerim Keskin, ÃaÄrı SaÄlam,