Imai, Taisuke and Smith, Alec and Wang, Stephanie and Camerer, Colin (2010) The power of foregone payoffs: a mousetracking study. In: BQGT '10 Proceedings of the Behavioral and Quantitative Game Theory: Conference on Future Directions. ACM , New York, NY, Art. No. 59. ISBN 978-1-60558-919-0. http://resolver.caltech.edu/CaltechAUTHORS:20161107-155416487
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Abstract
Behavior in two-player laboratory games has been observed to depend upon choices that the other player "could have made," in violation of the principle of subgame perfection. Models of other-regarding preferences that only transform payoffs at end-nodes (e.g. inequality aversion) cannot explain this behavior, and various explanations (e.g. models of intention-based reciprocity) have been proposed. We explore the mechanisms by which foregone payoffs influence decision-making in a variety of two-player, two-stage games using mousetracking, a technology that allows us to observe which payoffs subjects attend to, and for how long, when making strategic decisions.
| Item Type: | Book Section | |||||||||
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| Additional Information: | © 2010 ACM. | |||||||||
| Record Number: | CaltechAUTHORS:20161107-155416487 | |||||||||
| Persistent URL: | http://resolver.caltech.edu/CaltechAUTHORS:20161107-155416487 | |||||||||
| Official Citation: | Taisuke Imai, Alec Smith, Stephanie Wang, and Colin Camerer. 2010. The power of foregone payoffs: a mousetracking study. In Proceedings of the Behavioral and Quantitative Game Theory: Conference on Future Directions (BQGT '10). ACM, New York, NY, USA, , Article 59 , 1 pages. DOI=http://dx.doi.org/10.1145/1807406.1807465 | |||||||||
| Usage Policy: | No commercial reproduction, distribution, display or performance rights in this work are provided. | |||||||||
| ID Code: | 71782 | |||||||||
| Collection: | CaltechAUTHORS | |||||||||
| Deposited By: | Kristin Buxton | |||||||||
| Deposited On: | 08 Nov 2016 00:08 | |||||||||
| Last Modified: | 08 Nov 2016 00:08 |
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