SciELO - Scientific Electronic Library Online

 
vol.38 issue2The influence of size on cost behaviour associated with tactical and operational flexibility author indexsubject indexarticles search
Home Pagealphabetic serial listing  

Estudios de economía

On-line version ISSN 0718-5286

Abstract

MORO, RODRIGO; FREIDIN, ESTEBAN; TOHME, FERNANDO  and  AUDAY, MARCELO. Behavioral game theory, the alternative traveler's dilemma and payoff maximization. Estudios de Economía [online]. 2011, vol.38, n.2, pp. 457-473. ISSN 0718-5286.  http://dx.doi.org/10.4067/S0718-52862011000200005.

Within the area of Behavioral game theory, we focus on a specific context, namely, on a game we called the Alternative traveler's dilemma. In this context, we observe that participants tend to choose strictly dominated strategies. In order to explain similar tendencies in other games, researchers in the area have postulated either cognitive biases or motivational factors. We postulate a psychological factor called "goal accessibility bias" to explain the tendencies at stake. This factor involves both cognitive and motivational aspects. We survey a series of experimental results that favor such an explanation over more frugal alternatives.

Keywords : Game theory; Experiments; Maximization; Alternative traveler's dilemma; Goals.

        · abstract in Spanish     · text in Spanish     · pdf in Spanish