Hierarchical Bayesian Analysis of Biased Beliefs and Distributional Other-Regarding Preferences

This study investigates the relationship between an actor’s beliefs about others’ other-regarding (social) preferences and her own other-regarding preferences, using an “avant-garde” hierarchical Bayesian method. We estimate two distributional other-regarding preference parameters, α and β, of actor...

Full description

Bibliographic Details
Main Authors: Jeroen Weesie, Ozan Aksoy
Format: Article
Language:English
Published: MDPI AG 2013-02-01
Series:Games
Subjects:
Online Access:http://www.mdpi.com/2073-4336/4/1/66