The Effect of Subtracting a Constant from all Payoffs in a Hawk-Dove Game: Experimental Evidence of Loss Aversion in Strategic Behavior.

Economists and psychologists have documented patterns of individual decision-making behavior (e.g., loss aversion) whereby losses and gains are treated differently. However, there has been little evidence of such patterns in multiplayer games. I report results showing the strongest evidence I know o...

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Bibliographic Details

Published in:	Southern Economic Journal Vol. 77; no. 4; pp. 814 - 827
Main Author:	Feltovich, Nick
Format:	Article
Published:	Wiley-Blackwell Apr2011
Subjects:	Game theory Decision making Bribery Loss aversion Multiplayer games
Online Access:	View this record in EBSCOhost