Abstract
In this paper we explore an extension of the Type Indeterminacy model of decision-making to strategic decision-making. A 2×2 game is investigated. We first show that in a one-shot simultaneous move setting the TI-model is equivalent to the standard Bayes-Harsanyi model. We then let the game be preceded by a cheap-talk promise game. We show in an example that in the TI-model the promise stage can have an impact on the next following behavior when the standard Bayes-Harsanyi model predicts no impact whatsoever. The TI approach differs from other behavioral approaches in identifying the source of the effect of cheap-talk promises in the intrinsic indeterminacy of the players’ type.
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Busemeyer, J.R., Lambert-Mogiliansky, A. (2009). An Exploration of Type Indeterminacy in Strategic Decision-Making. In: Bruza, P., Sofge, D., Lawless, W., van Rijsbergen, K., Klusch, M. (eds) Quantum Interaction. QI 2009. Lecture Notes in Computer Science(), vol 5494. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-00834-4_11
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DOI: https://doi.org/10.1007/978-3-642-00834-4_11
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