Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072203 | Games and Economic Behavior | 2012 | 14 Pages |
Abstract
⺠We model decisionmaking under risk and uncertainty where risk is endogenous. ⺠We posit two cognitive processes interacting in an intrapersonal potential game. ⺠Observed choice is the result of a pure strategy Nash equilibrium in this game. ⺠We prove these potential games are refutable by axiomatizing the potential maximizers. ⺠That explains backfire of educational campaigns and gap in report and choice tasks.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Anat Bracha, Donald J. Brown,