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Beliefs, Intentions and Emotions: Old versus New Psychological Game Theory

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  • Jeffrey Paul Carpenter

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  • Peter Hans Matthews

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Abstract

We compare Colman's proposed "psychological game theory" with the existing literature on psychological games (Geanakoplos, Pearce and Stachetti 1989), in which beliefs and intentions assume a prominent role. We also discuss the experimental evidence on intentions, with a particular emphasis on reciprocal behavior, as well as some recent efforts to show that such behavior is consistent with social evolutions.

Suggested Citation

  • Jeffrey Paul Carpenter & Peter Hans Matthews, 2003. "Beliefs, Intentions and Emotions: Old versus New Psychological Game Theory," Middlebury College Working Paper Series 0301, Middlebury College, Department of Economics.
  • Handle: RePEc:mdl:mdlpap:0301
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