Hostname: page-component-78c5997874-dh8gc Total loading time: 0 Render date: 2024-11-15T01:32:15.003Z Has data issue: false hasContentIssue false
  • English
  • Français

Love is not enough: Other-regarding preferences cannot explain payoff dominance in game theory

Published online by Cambridge University Press:  27 April 2007

Andrew M. Colman
Andrew M. Colman
Affiliation:
School of Psychology, University of Leicester, Leicester LE1 7RH, United Kingdom. [email protected]://www.le.ac.uk/home/amc
Get access Rights & Permissions [Opens in a new window]

Abstract

Even if game theory is broadened to encompass other-regarding preferences, it cannot adequately model all aspects of interactive decision making. Payoff dominance is an example of a phenomenon that can be adequately modeled only by departing radically from standard assumptions of decision theory and game theory – either the unit of agency or the nature of rationality.

Type
Open Peer Commentary
Information
Behavioral and Brain Sciences , Volume 30 , Issue 1 , February 2007 , pp. 22 - 23
Copyright
2007 Cambridge University Press

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)