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The Traveler's Dilemma: Paradoxes of Rationality in Game Theory

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Cited by:

  1. Shimoji, Makoto & Schweinzer, Paul, 2015. "Implementation without incentive compatibility: Two stories with partially informed planners," Games and Economic Behavior, Elsevier, vol. 91(C), pages 258-267.
  2. Brañas-Garza, Pablo & Espinosa, María Paz & Rey-Biel, Pedro, 2011. "Travelers' types," Journal of Economic Behavior & Organization, Elsevier, vol. 78(1-2), pages 25-36, April.
  3. Ismail, Mehmet, 2014. "Maximin equilibrium," MPRA Paper 97401, University Library of Munich, Germany.
  4. C. Monica Capra & Susana Cabrera & Rosario Gómez, 2003. "The Effects of Common Advice on One-shot Traveler’s Dilemma Games: Explaining Behavior through an Introspective Model with Errors," Economic Working Papers at Centro de Estudios Andaluces E2003/17, Centro de Estudios Andaluces.
  5. Michael Baye & Dan Kovenock & Casper Vries, 2012. "Contests with rank-order spillovers," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 51(2), pages 315-350, October.
  6. Leonardo Becchetti & Massimo Cermelli, 2018. "Civil economy: definition and strategies for sustainable well-living," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 65(3), pages 329-357, September.
  7. Schmutzler, Armin, 2011. "A unified approach to comparative statics puzzles in experiments," Games and Economic Behavior, Elsevier, vol. 71(1), pages 212-223, January.
  8. Amir, Rabah & Evstigneev, Igor V., 2018. "A new look at the classical Bertrand duopoly," Games and Economic Behavior, Elsevier, vol. 109(C), pages 99-103.
  9. Andrea Morone & Piergiuseppe Morone, 2016. "The Focal Point In The Traveller'S Dilemma: An Experimental Study," Bulletin of Economic Research, Wiley Blackwell, vol. 68(S1), pages 123-132, December.
  10. Baader, Malte & Vostroknutov, Alexander, 2017. "Interaction of reasoning ability and distributional preferences in a social dilemma," Journal of Economic Behavior & Organization, Elsevier, vol. 142(C), pages 79-91.
  11. Mohlin, Erik, 2014. "Optimal categorization," Journal of Economic Theory, Elsevier, vol. 152(C), pages 356-381.
  12. C. Monica Capra, 1999. "Anomalous Behavior in a Traveler's Dilemma?," American Economic Review, American Economic Association, vol. 89(3), pages 678-690, June.
  13. Ellingsen, Tore & Östling, Robert, 2011. "Strategic risk and coordination failure in blame games," Economics Letters, Elsevier, vol. 110(2), pages 90-92, February.
  14. Sandholm, William H. & Izquierdo, Segismundo S. & Izquierdo, Luis R., 2020. "Stability for best experienced payoff dynamics," Journal of Economic Theory, Elsevier, vol. 185(C).
  15. Ispano, Alessandro & Schwardmann, Peter, 2017. "Cooperating over losses and competing over gains: A social dilemma experiment," Games and Economic Behavior, Elsevier, vol. 105(C), pages 329-348.
  16. Velu, C. & Iyer, S., 2008. "The Rationality of Irrationality for Managers: Returns- Based Beliefs and the Traveller’s Dilemma," Cambridge Working Papers in Economics 0826, Faculty of Economics, University of Cambridge.
  17. Yuval Heller & Eyal Winter, 2020. "Biased-Belief Equilibrium," American Economic Journal: Microeconomics, American Economic Association, vol. 12(2), pages 1-40, May.
  18. Ismail, M.S., 2014. "Maximin equilibrium," Research Memorandum 037, Maastricht University, Graduate School of Business and Economics (GSBE).
  19. Arad, Ayala & Rubinstein, Ariel, 2010. "The 11-20 Money Request Game: Evaluating the Upper Bound of k-Level Reasoning," Foerder Institute for Economic Research Working Papers 275738, Tel-Aviv University > Foerder Institute for Economic Research.
  20. Kristian Lindgren & Vilhelm Verendel, 2013. "Evolutionary Exploration of the Finitely Repeated Prisoners’ Dilemma—The Effect of Out-of-Equilibrium Play," Games, MDPI, vol. 4(1), pages 1-20, January.
  21. Valerio Capraro, 2013. "A Model of Human Cooperation in Social Dilemmas," PLOS ONE, Public Library of Science, vol. 8(8), pages 1-6, August.
  22. Anuraag Bukkuri & Joel S. Brown, 2021. "Evolutionary Game Theory: Darwinian Dynamics and the G Function Approach," Games, MDPI, vol. 12(4), pages 1-19, September.
  23. Lindgren, Kristian & Verendel, Vilhelm, 2013. "Evolutionary Exploration of the Finitely Repeated Prisoners' Dilemma--The Effect of Out-of-Equilibrium Play," MPRA Paper 43662, University Library of Munich, Germany.
  24. Kaushik Basu & Leonardo Becchetti & Luca Stanca, 2011. "Experiments with the Traveler’s Dilemma: welfare, strategic choice and implicit collusion," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 37(4), pages 575-595, October.
  25. Damjanovic, Vladislav, 2017. "Two “little treasure games” driven by unconditional regret," Economics Letters, Elsevier, vol. 150(C), pages 99-103.
  26. Bill Gibson, 2008. "Keynesian And Neoclassical Closures In An Agent-Based Context," UMASS Amherst Economics Working Papers 2008-03, University of Massachusetts Amherst, Department of Economics.
  27. Lensberg, Terje & Schenk-Hoppé, Klaus Reiner, 2021. "Cold play: Learning across bimatrix games," Journal of Economic Behavior & Organization, Elsevier, vol. 185(C), pages 419-441.
  28. Mounir, Angie & Perea, Andrés & Tsakas, Elias, 2018. "Common belief in approximate rationality," Mathematical Social Sciences, Elsevier, vol. 91(C), pages 6-16.
  29. Izquierdo, Segismundo S. & Izquierdo, Luis R., 2023. "Strategy sets closed under payoff sampling," Games and Economic Behavior, Elsevier, vol. 138(C), pages 126-142.
  30. Halpern, Joseph Y. & Pass, Rafael, 2012. "Iterated regret minimization: A new solution concept," Games and Economic Behavior, Elsevier, vol. 74(1), pages 184-207.
  31. Milchtaich, Igal, 2019. "Polyequilibrium," Games and Economic Behavior, Elsevier, vol. 113(C), pages 339-355.
  32. Uriel Abulof, 2015. "The malpractice of “rationality†in international relations," Rationality and Society, , vol. 27(3), pages 358-384, August.
  33. Daniel M. Settlage & Jim R. Wollscheid, 2019. "The Invisible Hand in Action -- An Interactive Classroom Experience," Journal of Economics Teaching, Journal of Economics Teaching, vol. 4(1), pages 40-59, May.
  34. Gilad Bavly, 2017. "Uncertainty in the traveler’s dilemma," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(1), pages 1-12, March.
  35. Leonardo Becchetti & Alessandra Pelloni, 2013. "What are we learning from the life satisfaction literature?," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 60(2), pages 113-155, June.
  36. Olivier Compte, 2023. "Endogenous Barriers to Learning," Papers 2306.16904, arXiv.org.
  37. Jonathan W. Leland & Mark Schneider, 2015. "Salience and Strategy Choice in 2 × 2 Games," Games, MDPI, vol. 6(4), pages 1-39, October.
  38. Ispano, Alessandro, 2015. "A note on the equilibria of the unbounded traveler’s dilemma," Mathematical Social Sciences, Elsevier, vol. 77(C), pages 52-54.
  39. Jacob K. Goeree & Charles A. Holt, 2001. "Ten Little Treasures of Game Theory and Ten Intuitive Contradictions," American Economic Review, American Economic Association, vol. 91(5), pages 1402-1422, December.
  40. Simon P. Anderson & Jacob K. Goeree & Charles A. Holt, 2002. "The Logit Equilibrium: A Perspective on Intuitive Behavioral Anomalies," Southern Economic Journal, John Wiley & Sons, vol. 69(1), pages 21-47, July.
  41. García-Pola, Bernardo, 2020. "Do people minimize regret in strategic situations? A level-k comparison," Games and Economic Behavior, Elsevier, vol. 124(C), pages 82-104.
  42. Baghestanian, Sascha & Frey, Seth, 2016. "GO figure: Analytic and strategic skills are separable," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 64(C), pages 71-80.
  43. Gisèle Umbhauer, 2019. "Traveler’s dilemma : how the value of the luggage influences behavior," Working Papers of BETA 2019-13, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  44. Ferdinando Colombo, 2003. "The Game Take–or–Play: A Paradox of Rationality in Simultaneous Move Games," Bulletin of Economic Research, Wiley Blackwell, vol. 55(2), pages 195-202, April.
  45. Atanu Sengupta & Abhijit Ghosh, 2013. "Dynamics in human development: partial mobility and “jump”," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 20(1), pages 33-62, June.
  46. Teck H. Ho & Noah Lim & Colin Camerer, 2005. "Modeling the Psychology of Consumer and Firm Behavior with Behavioral Economics," Levine's Bibliography 784828000000000476, UCLA Department of Economics.
  47. Chen, Daniel L. & Schonger, Martin & Wickens, Chris, 2016. "oTree—An open-source platform for laboratory, online, and field experiments," Journal of Behavioral and Experimental Finance, Elsevier, vol. 9(C), pages 88-97.
  48. repec:awi:wpaper:0469 is not listed on IDEAS
  49. Berkemer, Rainer & Starke, Jens & Kawamoto, Atsushi, 2023. "Sampling dynamics applied to the traveler's dilemma reveals non-Nash behavior," Games and Economic Behavior, Elsevier, vol. 142(C), pages 339-356.
  50. Leonardo Becchetti & Emanuele Bobbio & Federico Prizia & Lorenzo Semplici, 2022. "Going Deeper into the S of ESG: A Relational Approach to the Definition of Social Responsibility," Sustainability, MDPI, vol. 14(15), pages 1-22, August.
  51. Heller, Yuval, 2017. "Instability of belief-free equilibria," Journal of Economic Theory, Elsevier, vol. 168(C), pages 261-286.
  52. Tong, Hanh T. & Freeman, David J., 2021. "Anchors of strategic reasoning in the traveler’s dilemma," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 28-38.
  53. Jürgen Eichberger & David Kelsey, 2011. "Are the treasures of game theory ambiguous?," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 48(2), pages 313-339, October.
  54. Ariel Rubinstein, 2006. "Dilemas de un teórico económico," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 8(14), pages 191-213, January-J.
  55. Stefanos Leonardos & Costis Melolidakis, 2018. "On the Commitment Value and Commitment Optimal Strategies in Bimatrix Games," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 20(03), pages 1-28, September.
  56. Tigran Melkonyan & Hossam Zeitoun & Nick Chater, 2018. "Collusion in Bertrand vs. Cournot Competition: A Virtual Bargaining Approach," Management Science, INFORMS, vol. 64(12), pages 5599-5610, December.
  57. Herbert Gintis, 2010. "Rationality and common knowledge," Rationality and Society, , vol. 22(3), pages 259-282, August.
  58. Tilman Becker & Michael Carter & Jörg Naeve, 2005. "Experts Playing the Traveler's Dilemma," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 252/2005, Department of Economics, University of Hohenheim, Germany.
  59. Mohlin, Erik, 2012. "Evolution of theories of mind," Games and Economic Behavior, Elsevier, vol. 75(1), pages 299-318.
  60. Ye, Wenxing & Fan, Suohai, 2020. "Evolutionary traveler’s dilemma game based on particle swarm optimization," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 544(C).
  61. Joseph Y. Halpern & Rafael Pass, 2018. "Game theory with translucent players," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(3), pages 949-976, September.
  62. Ariel Rubinstein, 2007. "Instinctive and Cognitive Reasoning: A Study of Response Times," Economic Journal, Royal Economic Society, vol. 117(523), pages 1243-1259, October.
  63. Basu, Kaushik & Guha, Ashok, 2009. "How Sapient is Homo Economicus? The Evolutionary Origins of Trade, Ethics and Economic Rationality," Working Papers 09-14, Cornell University, Center for Analytic Economics.
  64. Leonardo Becchetti & Giacomo Degli Antoni & Marco Faillo, 2009. "Shedding Light into Preference Heterogeneity: Why Players of Traveller’s Dilemma Depart from Individual Rationality?," Econometica Working Papers wp09, Econometica.
  65. Leonardo Becchetti & Sara Mancini & Nazaria Solferino, 2022. "Relational Skills and Corporate Productivity," CEIS Research Paper 530, Tor Vergata University, CEIS, revised 25 Jan 2022.
  66. Ismail, Mehmet, 2014. "Maximin equilibrium," MPRA Paper 97322, University Library of Munich, Germany.
  67. Li, Cong & Xu, Hedong & Fan, Suohai, 2021. "Evolutionary compromise game on assortative mixing networks," Applied Mathematics and Computation, Elsevier, vol. 390(C).
  68. Igal Milchtaich, 2015. "Polyequilibrium," Working Papers 2015-06, Bar-Ilan University, Department of Economics.
  69. Morone, Andrea & Temerario, Tiziana, 2018. "Is dyads’ behaviour conditionally cooperative? Evidence from a public goods experiment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 73(C), pages 76-85.
  70. Christian Bach & Andrés Perea, 2014. "Utility proportional beliefs," International Journal of Game Theory, Springer;Game Theory Society, vol. 43(4), pages 881-902, November.
  71. Mehmet S. Ismail, 2022. "Optimin achieves super-Nash performance," Papers 2210.00625, arXiv.org.
  72. Mehmet S. Ismail, 2019. "Super-Nash performance in games," Papers 1912.00211, arXiv.org, revised Sep 2023.
  73. Andrew Schotter, 2006. "Strong and Wrong," Journal of Theoretical Politics, , vol. 18(4), pages 498-511, October.
  74. Rodrigo Moro & Esteban Freidin & Fernando Tohmé & Marcelo Auday, 2011. "La teoría de juegos conductual, el dilema del viajero alternativo y la maximización de pagos," Estudios de Economia, University of Chile, Department of Economics, vol. 38(2 Year 20), pages 457-473, December.
  75. Leonardo Becchetti & Giacomo Degli Antoni & Marco Faillo, 2013. "Team reasoning theory: an experimental analysis of common reason to believe and social distance," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 60(3), pages 269-291, September.
  76. Rodrigo Moro & Esteban Freidin & Fernando Tohmé, 2015. "Social preferences are not enough: Accounting for anomalous behavior in a complex mixed-motive game," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, March.
  77. Hildenbrand, Andreas, 2010. "Cournot or Stackelberg competition? A survey on experimental evidence," MPRA Paper 24468, University Library of Munich, Germany.
  78. Charles A. Holt, 2003. "Economic Science: An Experimental Approach for Teaching and Research," Southern Economic Journal, John Wiley & Sons, vol. 69(4), pages 754-771, April.
  79. Michael Aristidou & Sudipta Sarangi, 2006. "Games in Fuzzy Environments," Southern Economic Journal, John Wiley & Sons, vol. 72(3), pages 645-659, January.
  80. Valerio Capraro & Joseph Y Halpern, 2019. "Translucent players: Explaining cooperative behavior in social dilemmas," Rationality and Society, , vol. 31(4), pages 371-408, November.
  81. Bernabe, Angelique & Hossain, Tanjim & Yu, Haomiao, 2021. "Truth, Honesty, and Strategic Interactions," MPRA Paper 109968, University Library of Munich, Germany.
  82. Ariel Rubinstein, 2007. "Instinctive and Cognitive Reasoning: Response Times Study," Levine's Bibliography 321307000000001011, UCLA Department of Economics.
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