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Game Harmony: A Behavioral Approach to Predicting Cooperation in Games

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Abstract

Game harmony describes how harmonious (non-conflictual) or disharmonious (conflictual) the interests of players are in a game, as embodied in the game? raw payoffs. It departs from the traditional game-theoretic approach in that it is a non equilibrium behavioral approach which can be psychologically founded. We experimentally test the predictive power of basic game harmony measures on a variety of well-known 2×2 games and randomly-generated 2×2 and 3×3 generic games. Our findings support its all rounded predictive power. Game harmony provides an alternative tool that is both powerful and parsimonious, as it does not require information on a subject? degree of rationality, social preferences, beliefs and perceptions are required.

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File URL: http://www.nottingham.ac.uk/~lizecon/RePEc/bbr/pdf/4.pdf
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Paper provided by International Centre for Behavioural Business Research in its series ICBBR Working Papers with number 4.

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Date of creation: 13 Jul 2009
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Handle: RePEc:bbr:workpa:4

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Keywords: games; game harmony; cooperation; behavioral economics.;

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