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Intentions, Trust and Frames: A note on Sociality and the Theory of Games

Pelligra, Vittorio (2007) Intentions, Trust and Frames: A note on Sociality and the Theory of Games. Working Paper. CRENoS.

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Official URL: http://www.crenos.it/working/pdf/07-02.pdf

Abstract

Psychological Game Theory (PGT) extends classical game theory allowing for the formal analysis of belief-dependent sentiments and emotions such as resentment, pride, shame, gratefulness, and the like. PGT incorporates these factors by relating agents' subjective expected utility to players' strategies, to their beliefs about others' strategies, but also to their beliefs about others' beliefs about their strategies, and so on. This paper argues that, thanks to the epistemic consequences of this hierarchy of beliefs, PGT is well-endowed to address, and to some extent solve three of the most challenging problems recently emerged in classical game theory, namely, the problem of intentions, that of trust and that of decision frames.

Item Type:Technical Report / Working Paper / Project Report (Working Paper)
Publisher:CRENoS
Date:2007
Institution:Universita' degli Studi di Cagliari
Divisions:Centri > CRENoS Centro Ricerche Economiche Nord Sud
Subjects:Area 11 - Scienze storiche, filosofiche, pedagogiche e psicologiche > M-PSI/05 Psicologia sociale
Uncontrolled Keywords:Psychological games, Intentions, Trust, Decision frames
ID Code:218
Deposited On:10 Nov 2008 08:22

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