Subjective games in a non-cooperative game

Subjective games in a non-cooperative game

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Article ID: iaor20002936
Country: India
Volume: 21
Issue: 1
Start Page Number: 129
End Page Number: 147
Publication Date: Jan 2000
Journal: Journal of Information & Optimization Sciences
Authors:
Abstract:

There are many examples of non-cooperative games in which a player does not necessarily select the Nash equilibrium strategy in practice. In order to understand such a situation rationally, we propose a subjective game for each player which is constituted by taking his motive for selecting his strategy into consideration. In particular we give a rational model for explaining an actual behavior of each player in the prisoner's dilemma game.

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