Evolution of Interdependent Preferences in Aggregative Games
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.
|Date of creation:||1998|
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97-34, C.V. Starr Center for Applied Economics, New York University.
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