Arbeitspapier

Belief-Dependent Motivations and Psychological Game Theory

The mathematical framework of psychological game theory is useful for describing many forms of motivation where preferences depend directly on own or others' beliefs. It allows for incorporating, e.g., emotions, reciprocity, image concerns, and self-esteem in economic analysis. We explain how and why, discussing basic theory, experiments, applied work, and methodology.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 8285

Classification
Wirtschaft
Noncooperative Games
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Subject
psychological game theory
belief-dependent motivation
reciprocity
emotions
image concerns
self-esteem

Event
Geistige Schöpfung
(who)
Battigalli, Pierpaolo
Dufwenberg, Martin
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2020

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Battigalli, Pierpaolo
  • Dufwenberg, Martin
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2020

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