Arbeitspapier

Integrating affective responses into game theory: A dual selves model

This paper develops a method to integrate affective reponses into game theoretical models. We illustrate our method in a team production framework. The model analyzes how concave and convex status preferences for esteem solve the problem of team production under complete and incomplete information about workers' abilities. Using a dual selves model, we model the choice of effort as a deliberative decision and the expression of esteem as an affective response. Modeling an individual's affective system as a seperate player allows us to apply standard game-theoretic solution concepts to analyze affective responses.

Sprache
Englisch

Erschienen in
Series: MAGKS Joint Discussion Paper Series in Economics ; No. 17-2015

Klassifikation
Wirtschaft
Firm Behavior: Theory

Ereignis
Geistige Schöpfung
(wer)
Greiff, Matthias
Ereignis
Veröffentlichung
(wer)
Philipps-University Marburg, Faculty of Business Administration and Economics
(wo)
Marburg
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Greiff, Matthias
  • Philipps-University Marburg, Faculty of Business Administration and Economics

Entstanden

  • 2015

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