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Evolution of Interdependent Preferences in Aggregative Games

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Author Info
Kockesen, L.
Ok, E.A.
Sethi, R.

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Abstract

We study the evolution of preference interdependence in aggregative games which are symmetric with respect to material payoffs but asymmetric with respect to player objective functions. Specifically, some players have interdependent preferences (in the sense that they care not only about their own material payoffs but also about their payoffs relative to others) while the remainder are (material) payoff maximizers in the standard sense.

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File URL: http://www.econ.nyu.edu/cvstarr/working/1998/RR98-19.PDF
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Publisher Info
Paper provided by C.V. Starr Center for Applied Economics, New York University in its series Working Papers with number 98-19.

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Length: 21 pages
Date of creation: 1998
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Handle: RePEc:cvs:starer:98-19

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Keywords: PREFERENCE CHOICES

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Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
D62 - Microeconomics - - Welfare Economics - - - Externalities

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