|
EconStor >
Max-Planck-Institut für Ökonomik, Jena >
Jena Economic Research Papers, MPI für Ökonomik >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/31733
|
| | |
| Title: | | Satisficing in strategic environments: a theoretical approach and experimental evidence  |
| Authors: | | Güth, Werner Levati, Maria Vittoria Ploner, Matteo |
| Issue Date: | | 2008 |
| Series/Report no.: | | Jena economic research papers 2008,078 |
| Abstract: | | The satisficing approach is generalized and applied to finite n-person games. Based on direct elicitation of aspirations, we formally define the concept of satisficing, which does not exclude (prior-free) optimality but includes it as a border case. We also review some experiments on strategic games illustrating and partly supporting our theoretical approach. |
| Subjects: | | Strategic interaction satisficing behavior bounded rationality |
| JEL: | | C72 C92 D01 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
|
| Files in This Item:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/31733
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|