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Characterizing cautious choice

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Author Info
Mosquera, M.A.
Borm, P.
Fiestras-Janeiro, M.G.
Garcia-Jurado, I.
Voorneveld, M. (Tilburg University, Center for Economic Research)

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Abstract

The class of maximin actions in general decision problems is characterized.

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Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 54.

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Date of creation: 2005
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Handle: RePEc:dgr:kubcen:200554

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Find related papers by JEL classification:
C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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References listed on IDEAS
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  1. Luisa Carpente & Ignacio Garcia-Jurado & Balbina Casas-Mendez & Anne van den Nouweland, 2003. "Values for strategic games in which players cooperate," University of Oregon Economics Department Working Papers 2003-5, University of Oregon Economics Department. [Downloadable!]
  2. Voorneveld, Mark & Vermeulen, Dries & Borm, Peter, 1999. "Axiomatizations of Pareto Equilibria in Multicriteria Games," Games and Economic Behavior, Elsevier, vol. 28(1), pages 146-154, July. [Downloadable!] (restricted)
    Other versions:
  3. Sarin, Rajiv & Vahid, Farshid, 1999. "Payoff Assessments without Probabilities: A Simple Dynamic Model of Choice," Games and Economic Behavior, Elsevier, vol. 28(2), pages 294-309, August. [Downloadable!] (restricted)
  4. Voorneveld, Mark & van den Nouweland, Anne, 1998. "A new axiomatization of the core of games with transferable utility," Economics Letters, Elsevier, vol. 60(2), pages 151-155, August. [Downloadable!] (restricted)
  5. Sarin, Rajiv & Vahid, Farshid, 2001. "Predicting How People Play Games: A Simple Dynamic Model of Choice," Games and Economic Behavior, Elsevier, vol. 34(1), pages 104-122, January. [Downloadable!] (restricted)
    Other versions:
  6. Hart, S. & Modica, S. & Schmeidler, D., 1990. "A Neo Bayesian Foundation Of The Maxmin Value For Two- Person Zero-Sum Games," Papers 38-90, Tel Aviv.
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