Construct · 1 fields · 1 citations

psychological game theory: a standalone construct

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Game theory

an extension of game theory where payoffs depend on beliefs, such as expectations about others' intentions, not just on actions.

In game theory, psychological game theory refers to an extension of game theory where payoffs depend on beliefs, such as expectations about others' intentions, not just on actions. This meaning comes from Geanakoplos (1989) in Games and Economic Behavior.[1]

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extension3 fields · 3 citationsjingle · one word, three constructs game2 fields · 3 citationsjingle · one word, two constructs

References

Geanakoplos, J., Pearce, D., & Stacchetti, E. (1989). Psychological games and sequential rationality. Games and Economic Behavior, 1(1), 60-79. https://doi.org/10.1016/0899-8256(89)90005-5

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