Social Preferences III created 2011.03.28

Social Preferences III created 2011.03.28 - You should be...

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Quiz #10, March 31th You should be able to tell the players, strategies of the players and the payoffs for a given game. You should be able to find the NE(s) of a given game. Examples: PD, UG, DG, TG, PG and so on. Real world examples against pure self-interest models Findings in UG, DG, TG, PD, and PG games If you want to find out whether the high offers in UG is because of the risk of rejection, how should you investigate it? What is the difference between the dictator game and the second stage of the trust game?
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Quiz #10, March 32th In the FS model (aka guilt/envy model), what does the assumption of β i ≤α i imply? FS do not assume an upper limit for the α parameter but they assume β <1. What is the rationale behind this assumption? Example related to FS model we solved in class.
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Social Preferences III
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Bolton-Ockenfels Model (2000) ERC –Equity, Reciprocity, and competition Similar to FS model since players care about own payoffs
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This note was uploaded on 04/15/2011 for the course ECON 73-348 taught by Professor Hafalir during the Spring '11 term at Carnegie Mellon.

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Social Preferences III created 2011.03.28 - You should be...

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