Nonparametric utility theory in strategic settings: Revealing preferences and beliefs from proposal–response games
We explore the conditions under which behavior in a strategic setting can be rationalized as the best response to some belief about other players’ behavior. We show that a restriction on preferences, which we term quasi-monotonicity, provides such a test for a family of ultimatum games. Preferences...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Academic Press Inc.
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |