Matches in SemOpenAlex for { <https://semopenalex.org/work/W1848070096> ?p ?o ?g. }
- W1848070096 abstract "We propose multi-player frameworks that mitigate decision-theoretical difficulties with the traditional normal-form game, where players are concerned with expected utility functions of their payoffs. We react to Allais's (1953) paradox by concerning players with potentially nonlinear functionals of the payoff distributions they encounter. To counter Ellsberg's (1961) paradox, we let players optimize on vectors of payoff distributions in which every component is a payoff distribution corresponding to one particular nature action. In the preference game we introduce, players merely express preferences over payoff-distribution vectors. Depending on ways in which players' mixed strategies are verified, there will emerge two equilibrium concepts, namely, the ex post and ex ante types. Conditions for equilibrium existence are identified; also, the unification of the two concepts at the traditional game is explained. When the preference relations lead to real-valued satisfaction functions, we have a satisfaction game. Two notable special cases are one coping with Gilboa and Schmeidler's (1989) ambiguity-averse worst-prior setup and another involving Artzner et al.'s (1999) coherent-risk measure with risk-averse tendencies. For both, searching for ex post equilibria boils down to solving sequences of simple nonlinear programs (NLPs)." @default.
- W1848070096 created "2016-06-24" @default.
- W1848070096 creator A5010488417 @default.
- W1848070096 date "2015-10-23" @default.
- W1848070096 modified "2023-09-27" @default.
- W1848070096 title "Modeling Risk and Ambiguity-on-Nature in Normal-form Games." @default.
- W1848070096 cites W1486687115 @default.
- W1848070096 cites W1594183550 @default.
- W1848070096 cites W1662659233 @default.
- W1848070096 cites W2003682763 @default.
- W1848070096 cites W2003917847 @default.
- W1848070096 cites W2003996846 @default.
- W1848070096 cites W2006689570 @default.
- W1848070096 cites W2019291268 @default.
- W1848070096 cites W2022896798 @default.
- W1848070096 cites W2025611071 @default.
- W1848070096 cites W2027047704 @default.
- W1848070096 cites W2027158077 @default.
- W1848070096 cites W2042695214 @default.
- W1848070096 cites W2046116155 @default.
- W1848070096 cites W2048289500 @default.
- W1848070096 cites W2067050450 @default.
- W1848070096 cites W2087821684 @default.
- W1848070096 cites W2120733867 @default.
- W1848070096 cites W2121679153 @default.
- W1848070096 cites W2133469585 @default.
- W1848070096 cites W2134802631 @default.
- W1848070096 cites W2144846366 @default.
- W1848070096 cites W2155866677 @default.
- W1848070096 cites W2183013551 @default.
- W1848070096 cites W2319576069 @default.
- W1848070096 cites W2330024298 @default.
- W1848070096 cites W2331890423 @default.
- W1848070096 cites W2333311386 @default.
- W1848070096 cites W3125145310 @default.
- W1848070096 cites W3125873819 @default.
- W1848070096 cites W3125997868 @default.
- W1848070096 cites W3145826384 @default.
- W1848070096 hasPublicationYear "2015" @default.
- W1848070096 type Work @default.
- W1848070096 sameAs 1848070096 @default.
- W1848070096 citedByCount "0" @default.
- W1848070096 crossrefType "posted-content" @default.
- W1848070096 hasAuthorship W1848070096A5010488417 @default.
- W1848070096 hasConcept C105795698 @default.
- W1848070096 hasConcept C122251271 @default.
- W1848070096 hasConcept C139719470 @default.
- W1848070096 hasConcept C144237770 @default.
- W1848070096 hasConcept C155930848 @default.
- W1848070096 hasConcept C162324750 @default.
- W1848070096 hasConcept C177142836 @default.
- W1848070096 hasConcept C199360897 @default.
- W1848070096 hasConcept C202556891 @default.
- W1848070096 hasConcept C22171661 @default.
- W1848070096 hasConcept C22349654 @default.
- W1848070096 hasConcept C2780522230 @default.
- W1848070096 hasConcept C2781249084 @default.
- W1848070096 hasConcept C33923547 @default.
- W1848070096 hasConcept C41008148 @default.
- W1848070096 hasConcept C88959737 @default.
- W1848070096 hasConcept C95815963 @default.
- W1848070096 hasConcept C96146094 @default.
- W1848070096 hasConceptScore W1848070096C105795698 @default.
- W1848070096 hasConceptScore W1848070096C122251271 @default.
- W1848070096 hasConceptScore W1848070096C139719470 @default.
- W1848070096 hasConceptScore W1848070096C144237770 @default.
- W1848070096 hasConceptScore W1848070096C155930848 @default.
- W1848070096 hasConceptScore W1848070096C162324750 @default.
- W1848070096 hasConceptScore W1848070096C177142836 @default.
- W1848070096 hasConceptScore W1848070096C199360897 @default.
- W1848070096 hasConceptScore W1848070096C202556891 @default.
- W1848070096 hasConceptScore W1848070096C22171661 @default.
- W1848070096 hasConceptScore W1848070096C22349654 @default.
- W1848070096 hasConceptScore W1848070096C2780522230 @default.
- W1848070096 hasConceptScore W1848070096C2781249084 @default.
- W1848070096 hasConceptScore W1848070096C33923547 @default.
- W1848070096 hasConceptScore W1848070096C41008148 @default.
- W1848070096 hasConceptScore W1848070096C88959737 @default.
- W1848070096 hasConceptScore W1848070096C95815963 @default.
- W1848070096 hasConceptScore W1848070096C96146094 @default.
- W1848070096 hasLocation W18480700961 @default.
- W1848070096 hasOpenAccess W1848070096 @default.
- W1848070096 hasPrimaryLocation W18480700961 @default.
- W1848070096 hasRelatedWork W117145521 @default.
- W1848070096 hasRelatedWork W1525596058 @default.
- W1848070096 hasRelatedWork W1910029418 @default.
- W1848070096 hasRelatedWork W199223128 @default.
- W1848070096 hasRelatedWork W2037284469 @default.
- W1848070096 hasRelatedWork W2050317170 @default.
- W1848070096 hasRelatedWork W2093074200 @default.
- W1848070096 hasRelatedWork W2280946812 @default.
- W1848070096 hasRelatedWork W2468300503 @default.
- W1848070096 hasRelatedWork W260596260 @default.
- W1848070096 hasRelatedWork W2893020597 @default.
- W1848070096 hasRelatedWork W2920930141 @default.
- W1848070096 hasRelatedWork W2945356914 @default.
- W1848070096 hasRelatedWork W3007305135 @default.
- W1848070096 hasRelatedWork W3088298224 @default.
- W1848070096 hasRelatedWork W3123366242 @default.
- W1848070096 hasRelatedWork W3123751149 @default.