English, Article, Journal or magazine article edition: Positive Harmony Transformations and Equilibrium Selection in Two-Player Games Daniel John Zizzo

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Bookmark: http://trove.nla.gov.au/version/21234
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Positive Harmony Transformations and Equilibrium Selection in Two-Player Games
Author
  • Daniel John Zizzo
Physical Description
  • preprint
Notes
  • Game harmony is a generic game property that describes how harmonious (non-conflictual) or disharmonious (conflictual) the interests of players are, as embodied in the payoffs. It can be used to predict cooperation in two-player games. We show how, for large enough positive harmony transformations of the game, a utilitarian solution is always a Nash equilibrium, coincides with the Nash bargaining solution and acquires further desirable properties of payoff and risk dominance. Case-based reasoning and team reasoning are alternative mechanisms by which game harmony measures can successfully predict cooperative behavior.
  • Cooperation, Game Harmony, Payoff Dominance, Risk Dominance
  • RePEc:oxf:wpaper:197
Language
  • English
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