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Content archived on 2024-06-18

Psychological game theory and Bayesian rationality

Objective

The main objective of this project is to study the epistemic conditions for equilibria in psychological games. This is a natural way to go, since a psychological game incorporates beliefs into the individual’s payoff function. The epistemic analysis in the literature is divided in two big branches: the type space approach introduced by Harsanyi (1967)-68 and the Bayesian state space approach introduced by Aumann (1976). The theory in psychological games employs tools only from the first approach. Our main purpose is to extensively study the Bayesian foundations of psychological games. This would give us insights for rationalizability (Brandenburger and Dekel, 1987) and correlated equilibria (Aumann, 1987), which are crucial solution concepts for strategic form games. In addition, this approach would allow us to contribute to the theory of extensive form psychological games under the assumption that players update their beliefs during the course of the game (Battigalli and Dufwenberg, 2007).

Fields of science (EuroSciVoc)

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP7-PEOPLE-IEF-2008
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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MC-IEF - Intra-European Fellowships (IEF)

Coordinator

UNIVERSITEIT MAASTRICHT
EU contribution
€ 153 564,54
Address
MINDERBROEDERSBERG 4
6200 MD Maastricht
Netherlands

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Region
Zuid-Nederland Limburg (NL) Zuid-Limburg
Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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