Game-theoretic Models of Moral and Other-Regarding Agents
- URL: http://arxiv.org/abs/2012.09759v2
- Date: Mon, 5 Apr 2021 20:40:50 GMT
- Title: Game-theoretic Models of Moral and Other-Regarding Agents
- Authors: Gabriel Istrate
- Abstract summary: We highlight a number of problems with such equilibria, including computational intractability, a high price of miscoordination, and expensive/problematic extension to general normal form games.
We propose some general, intuitive, computationally tractable, other-regarding equilibria related to Kantian equilibria, as well as a class of courses of action that interpolates between purely self-regarding and Kantian behavior.
- Score: 0.0
- License: http://creativecommons.org/licenses/by/4.0/
- Abstract: We investigate Kantian equilibria in finite normal form games, a class of
non-Nashian, morally motivated courses of action that was recently proposed in
the economics literature. We highlight a number of problems with such
equilibria, including computational intractability, a high price of
miscoordination, and expensive/problematic extension to general normal form
games. We point out that such a proper generalization will likely involve the
concept of program equilibrium. Finally we propose some general, intuitive,
computationally tractable, other-regarding equilibria related to Kantian
equilibria, as well as a class of courses of action that interpolates between
purely self-regarding and Kantian behavior.
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