| Publication type: | Article in scientific journal |
| Type of review: | Peer review (publication) |
| Title: | Interactive preferences |
| Authors: | Nax, Heinrich H. Murphy, Ryan O. Ackermann, Kurt Alexander |
| et. al: | No |
| DOI: | 10.1016/j.econlet.2015.08.008 |
| Published in: | Economics Letters |
| Volume(Issue): | 135 |
| Page(s): | 133 |
| Pages to: | 136 |
| Issue Date: | 2015 |
| Publisher / Ed. Institution: | Elsevier |
| ISSN: | 0165-1765 |
| Language: | English |
| Subjects: | Game theory; Preference evolution; Social preference |
| Subject (DDC): | 302: Social interaction |
| Abstract: | Game theory presumes that agents have unique preference orderings over outcomes that prescribe unique preference orderings over actions in response to other players’ actions, independent of other players’ preferences. This independence assumption is necessary to permit game-theoretic best response reasoning, but at odds with introspection, because preferences toward one another often dynamically depend on each other. In this note, we propose a model of interactive preferences. The model is validated with data from a laboratory experiment. The main finding of our study is that pro-sociality diminishes over the course of the interactions. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/17818 |
| Fulltext version: | Published version |
| License (according to publishing contract): | Licence according to publishing contract |
| Departement: | School of Management and Law |
| Organisational Unit: | Institute of Marketing Management (IMM) |
| Appears in collections: | Publikationen School of Management and Law |
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Nax, H. H., Murphy, R. O., & Ackermann, K. A. (2015). Interactive preferences. Economics Letters, 135, 133–136. https://doi.org/10.1016/j.econlet.2015.08.008
Nax, H.H., Murphy, R.O. and Ackermann, K.A. (2015) ‘Interactive preferences’, Economics Letters, 135, pp. 133–136. Available at: https://doi.org/10.1016/j.econlet.2015.08.008.
H. H. Nax, R. O. Murphy, and K. A. Ackermann, “Interactive preferences,” Economics Letters, vol. 135, pp. 133–136, 2015, doi: 10.1016/j.econlet.2015.08.008.
NAX, Heinrich H., Ryan O. MURPHY und Kurt Alexander ACKERMANN, 2015. Interactive preferences. Economics Letters. 2015. Bd. 135, S. 133–136. DOI 10.1016/j.econlet.2015.08.008
Nax, Heinrich H., Ryan O. Murphy, and Kurt Alexander Ackermann. 2015. “Interactive Preferences.” Economics Letters 135: 133–36. https://doi.org/10.1016/j.econlet.2015.08.008.
Nax, Heinrich H., et al. “Interactive Preferences.” Economics Letters, vol. 135, 2015, pp. 133–36, https://doi.org/10.1016/j.econlet.2015.08.008.
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