On the Effect of Risk Aversion in Bimatrix Games

C. Berden; H.J.M. Peters

doi:10.1007/s11238-005-3986-1

On the Effect of Risk Aversion in Bimatrix Games

C. Berden^*, H.J.M. Peters

^*Corresponding author for this work

Quantitative Economics

Research output: Contribution to journal › Article › Academic › peer-review

Abstract

Nash equilibria with identical supports are compared for bimatrix games that are different with respect to the risk aversion of player 2. For equilibria in 2× 2-bimatrix games and for equilibria with efficient supports in coordination games it is established for which cases increased risk aversion of player 2 benefits or hurts player 2.

Original language	English
Pages (from-to)	359-370
Journal	Theory and Decision
Issue number	60
DOIs	https://doi.org/10.1007/s11238-005-3986-1
Publication status	Published - 1 Jan 2006

Access to Document

10.1007/s11238-005-3986-1

Cite this

@article{7b3d3480bf6a443c84e282378c7875a4,

title = "On the Effect of Risk Aversion in Bimatrix Games",

abstract = "Nash equilibria with identical supports are compared for bimatrix games that are different with respect to the risk aversion of player 2. For equilibria in 2× 2-bimatrix games and for equilibria with efficient supports in coordination games it is established for which cases increased risk aversion of player 2 benefits or hurts player 2.",

author = "C. Berden and H.J.M. Peters",

year = "2006",

month = jan,

day = "1",

doi = "10.1007/s11238-005-3986-1",

language = "English",

pages = "359--370",

journal = "Theory and Decision",

issn = "0040-5833",

publisher = "Springer, Cham",

number = "60",

}

TY - JOUR

T1 - On the Effect of Risk Aversion in Bimatrix Games

AU - Berden, C.

AU - Peters, H.J.M.

PY - 2006/1/1

Y1 - 2006/1/1

N2 - Nash equilibria with identical supports are compared for bimatrix games that are different with respect to the risk aversion of player 2. For equilibria in 2× 2-bimatrix games and for equilibria with efficient supports in coordination games it is established for which cases increased risk aversion of player 2 benefits or hurts player 2.

AB - Nash equilibria with identical supports are compared for bimatrix games that are different with respect to the risk aversion of player 2. For equilibria in 2× 2-bimatrix games and for equilibria with efficient supports in coordination games it is established for which cases increased risk aversion of player 2 benefits or hurts player 2.

U2 - 10.1007/s11238-005-3986-1

DO - 10.1007/s11238-005-3986-1

M3 - Article

SN - 0040-5833

SP - 359

EP - 370

JO - Theory and Decision

JF - Theory and Decision

IS - 60

ER -