Using Rabin’s XXXXXXXXXXformulation, find the psychological pay-offs and the range of fairness equilibria in the case of the two games below. (Note that the first is a variant of Stag-Hunt, Game 2.14,...


Using Rabin’s (1993) formulation, find the psychological pay-offs and the range of fairness equilibria in the case of the two games below. (Note that the first is a variant of Stag-Hunt, Game 2.14, while the second one is the Hide and Seek interaction, Game 2.17.)





A version of the Stag-Hunt





Hide and Seek



May 04, 2022
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