Risk averse behavior in generalized matching pennies games
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Attacking rivals expected to have strong defenses more likely results in failure and waste than attacking groups expected to be weak and defenseless.
“attacking rivals who are expected to have strong defenses more likely results in failure and waste, than attacking groups expected to be weak and defenseless (De Dreu et al., 2016b; Grossman and Kim, 2002; Goeree et al., 2003).”
From Oxytocin promotes coordinated out-group attack during intergroup conflict in humans (2019) · cites this paper as Goeree et al., 2003
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- Authors
- Goeree, J. K., Holt, C. A., & Palfrey, T. R.
- Affiliations
- University of Amsterdam (NL)
- University of Virginia (US)
- California Institute of Technology (US)
- Corresponding author
- Palfrey, Thomas R.
- Venue
- Games and Economic Behavior
- Publisher
- Elsevier BV
- Published
- 2003-10
- Volume
- 45
- Issue
- 1
- Pages
- 97-113
- ISSN
- 0899-8256 (ISSN-L)
- OpenAlex
- W2145115072
- Cited by
- 258
- References
- 33
- Citations by year
- 2026: 3 · 2025: 7 · 2024: 8 · 2023: 6 · 2022: 9 · 2021: 9 · 2020: 7 · 2019: 14 · 2018: 14 · 2017: 14 · 2016: 18 · 2015: 12 · 2014: 14 · 2013: 12 · 2012: 13
- FWCI
- 20.72
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Games and Economic Behavior (publishedVersion)
- UvA-DARE (University of Amsterdam) (publishedVersion)
- CaltechAUTHORS (California Institute of Technology) (submittedVersion)
- Data Archiving and Networked Services (DANS) (submittedVersion)
- Topics
- Social Sciences › Safety Research › Experimental Behavioral Economics Studies
- Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
- Social Sciences › Decision Sciences › Management Science and Operations Research › Game Theory and Applications
- Keywords
- risk aversion, mixed strategy equilibrium, quantal response equilibrium, structural econometric model, 2×2 games, experimental game theory
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