Paternalism for rational agents
Sign Up to like & getrecommendations! Published in 2024 at "Journal of Economic Methodology"
DOI: 10.1080/1350178x.2024.2346116
Abstract: ABSTRACT In the context of strategic interactions, individuals sometimes find themselves better off when they have fewer options. This mechanism is known under the name of ‘strategic commitment’, as it is usually the individuals themselves… read more here.
Keywords: rational agents; methodology; paternalism rational; paternalism ... See more keywords
Bounded rational agents playing a public goods game.
Sign Up to like & getrecommendations! Published in 2022 at "Physical review. E"
DOI: 10.1103/physreve.105.024114
Abstract: An agent-based model for human behavior in the well-known public goods game (PGG) is developed making use of bounded rationality, but without invoking mechanisms of learning. The underlying Markov decision process is driven by a… read more here.
Keywords: rational agents; public goods; goods game; bounded rational ... See more keywords