Accounting for Analogy Considerations in Strategic Interaction - Two Recent Equilibrium Models

  • Philipp Wichardt (Wirtschaftstheoretische Abteilung, Universität Bonn)
A3 01 (Sophus-Lie room)


Casual evidence suggests that many strategic and non-strategic decisions are at least partially guided by analogy condierations relating technically different decisions to seemingly similar ones. However, such considerations often cannot be accounted for in common game theoretic equilibrium models. In the talk, I present two recent equilibrium models which try to capture such aspects -- valution equilibrium (Jehiel and Samet, 2007) and alf-Nash-equilibrium (Wichardt, 2010) -- and discuss both strong points and problems of these approaches. Moreover, I indicate potential ways to apply the respective ideas to the modelling of communication.

Katharina Matschke

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