TY - JOUR
T1 - Belief-Dependent Motivations and Psychological Game Theory
AU - Battigalli, Pierpaolo
AU - Dufwenberg, Martin
N1 - Publisher Copyright:
© 2022 American Economic Association. All rights reserved.
PY - 2022/9
Y1 - 2022/9
N2 - The mathematical framework of psychological game theory is useful for describing many forms of motivation where preferences depend directly on one’s own or others’ beliefs. It allows for incorporating, for example, emotions, reciprocity, image concerns, and self-esteem in economic analysis. We explain how and why, discussing basic theory, experiments, applied work, and methodology.
AB - The mathematical framework of psychological game theory is useful for describing many forms of motivation where preferences depend directly on one’s own or others’ beliefs. It allows for incorporating, for example, emotions, reciprocity, image concerns, and self-esteem in economic analysis. We explain how and why, discussing basic theory, experiments, applied work, and methodology.
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U2 - 10.1257/jel.20201378
DO - 10.1257/jel.20201378
M3 - Article
AN - SCOPUS:85137479058
SN - 0022-0515
VL - 60
SP - 833
EP - 882
JO - Journal of Economic Literature
JF - Journal of Economic Literature
IS - 3
ER -