Studies in Mathematical Models of Human Decisionmaking in Gaming Situations
Abstract
This document studies two classes of mathematical models of dynamics multiperson decisionmaking which focus on the subjective nature of human decisionmaking. It develops extensions to game theory models which allow for differences in subjective perceptions of the decision problem among decisionmakers. Studies are the effects of these extensions on qualitative results available for two multiperson decisionmaking paradigms, one cooperative and one noncooperative, and characterize new classes of outcomes which become rational under our theory. The results provide a foundation for the development of a quantitative predictive theory of multiperson decisionmaking which incorporates the subjective properties of human decisionmaking behavior. Keywords: Game theory; Behavioral decision theory; and Estimates.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 06, 1986
- Accession Number
- ADA166698
Entities
People
- David A. Castañón