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The power of foregone payoffs: a mousetracking study

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
Related URLs:
URLURL TypeDescription
http://dx.doi.org/10.1145/1807406.1807465DOIArticle
http://dl.acm.org/citation.cfm?doid=1807406.1807465PublisherArticle
ORCID:
AuthorORCID
Imai, Taisuke0000-0002-0610-8093
Camerer, Colin0000-0003-4049-1871
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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