Abstract

http://ssrn.com/abstract=1393294
 
 

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Game Harmony: A Behavioral Approach to Predicting Cooperation in Games


Daniel John Zizzo


University of East Anglia - School of Economics and CBESS

Jonathan H. W. Tan


Nottingham University Business School

June 2009

Nottingham University Business School Research Paper No. 2009-10

Abstract:     
Game harmony describes how harmonious (non-conflictual) or disharmonious (conflictual) the interests of players are in a game, as embodied in the game’s raw payoffs. It departs from the traditional game-theoretic approach in that it is a non-equilibrium behavioral approach which can be psychologically founded. We experimentally test the predictive power of basic game harmony measures on a variety of well-known 2×2 games and randomly-generated 2×2 and 3×3 generic games. Our findings support its all rounded predictive power. Game harmony provides an alternative tool that is both powerful and parsimonious, as it does not require information on a subject’s degree of rationality, social preferences, beliefs and perceptions.

Number of Pages in PDF File: 34

Keywords: games, game harmony, cooperation, behavioral economics

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Date posted: April 22, 2009 ; Last revised: July 15, 2009

Suggested Citation

Zizzo, Daniel John and Tan, Jonathan H. W., Game Harmony: A Behavioral Approach to Predicting Cooperation in Games (June 2009). Nottingham University Business School Research Paper No. 2009-10. Available at SSRN: http://ssrn.com/abstract=1393294 or http://dx.doi.org/10.2139/ssrn.1393294

Contact Information

Daniel John Zizzo
University of East Anglia - School of Economics and CBESS ( email )
Norwich Research Park
Norwich, Norfolk NR4 7TJ
United Kingdom
Jonathan H. W. Tan (Contact Author)
Nottingham University Business School ( email )
Jubilee Campus
Wollaton Road
Nottingham, NG8 1BB
United Kingdom
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