Anyone here skilled in game theory? Or know someone who is? I have a question that isn't being answered by searching, likely due to the generic nature of the terms I'm using.
What I'm interested in is whether there's been work, either theoretic (math) or behavioral (experiments), where there are two parties making independent decisions, but there are effects on three entities -- the two decision-makers as well as "the community" (which includes the three entities, but in an indistinct manner). Anyone know of anybody doing work on this issue?
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Your terminology is very vague. Are you talking about something like the Prisoner's Dilemma where a third party is also affected?
ReplyDeleteCould you give an example?
In case this is other than a purely theoretical question, these models tend to be oversimplified, failing to appreciate real life complexity.
ReplyDeleteA search for prisoner's dilemma third party turned up this:
ReplyDeletejournals.sagepub.com - Not ‘Just the two of us’: Third party externalities of social dilemmasRationality and Society - Hanne van der Iest, Jacob Dijkstra, Frans N. Stokman, 2011
Off the top of my head, what you're talking about sounds like results which deal with externalities in terms of commons and welfare outcomes.
ReplyDeleteSimple common examples are two players that must divide a fishing spot where either they share a spot or if alone, then one gets to monopolize a much better spot but with value/2 < the second spot. As well as en.wikipedia.org - Hotelling's law - Wikipedia
ReplyDeleteSchelling did some research that sounds like it fits, but I'm not looking to hop over a paywall to check for certain. journals.sagepub.com - SAGE Journals: Your gateway to world-class journal research
ReplyDeleteAdam Liss Yes, that's exactly what I'm after. Thanks...your Google Fu is appreciated.
ReplyDelete