Construct · 1 fields · 1 citations

impulse balance equilibrium: a standalone construct

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Experimental economics

a stationary concept predicting play in experimental games by balancing the impulses players feel toward choices that would have paid more after the fact.

In experimental economics, impulse balance equilibrium refers to a stationary concept predicting play in experimental games by balancing the impulses players feel toward choices that would have paid more after the fact. This meaning comes from Selten (2008) in American Economic Review.[1]

Unit
Recovery means
Measured by

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Nearby constructs

balance4 fields · 5 citationsjingle · one word, four constructs equilibrium4 fields · 4 citationsjingle · one word, four constructs impulse3 fields · 3 citationsjingle · one word, three constructs

References

Selten, R., & Chmura, T. (2008). Stationary Concepts for Experimental 2x2-Games. American Economic Review, 98(3), 938-966. https://doi.org/10.1257/aer.98.3.938

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