The Effects of Risk Preferences in Mixed-Strategy Equilibria of 2*2 Games. / Engelmann, D; Steiner, J.

Egham, 2006.

Research output: Working paper

Published

Standard

The Effects of Risk Preferences in Mixed-Strategy Equilibria of 2*2 Games. / Engelmann, D; Steiner, J.

Egham, 2006.

Research output: Working paper

Harvard

APA

Vancouver

Author

BibTeX

@techreport{3f59fe067498430a82d0895332e7c1ac,
title = "The Effects of Risk Preferences in Mixed-Strategy Equilibria of 2*2 Games",
abstract = "We consider the effects of risk preferences in mixed-strategy equilibria of 2 * 2 games, provided such equilibria exist. We identify sufficient conditions under which the expected payoff in the mixed equilibrium increases or decreases with the degree of risk aversion. We find that (at least moderate degrees of) risk aversion will frequently be beneficial in mixed equilibria.",
keywords = "risk preferences, mixed-strategy equilibria",
author = "D Engelmann and J Steiner",
year = "2006",
month = sep,
day = "19",
language = "English",
type = "WorkingPaper",

}

RIS

TY - UNPB

T1 - The Effects of Risk Preferences in Mixed-Strategy Equilibria of 2*2 Games

AU - Engelmann, D

AU - Steiner, J

PY - 2006/9/19

Y1 - 2006/9/19

N2 - We consider the effects of risk preferences in mixed-strategy equilibria of 2 * 2 games, provided such equilibria exist. We identify sufficient conditions under which the expected payoff in the mixed equilibrium increases or decreases with the degree of risk aversion. We find that (at least moderate degrees of) risk aversion will frequently be beneficial in mixed equilibria.

AB - We consider the effects of risk preferences in mixed-strategy equilibria of 2 * 2 games, provided such equilibria exist. We identify sufficient conditions under which the expected payoff in the mixed equilibrium increases or decreases with the degree of risk aversion. We find that (at least moderate degrees of) risk aversion will frequently be beneficial in mixed equilibria.

KW - risk preferences

KW - mixed-strategy equilibria

M3 - Working paper

BT - The Effects of Risk Preferences in Mixed-Strategy Equilibria of 2*2 Games

CY - Egham

ER -