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Bridging Utility Maximization and Regret Minimization

2014/03/25 by Alessandro Chiesa, Silvio Micali, Chiesa, Alessandro +3 · 1 citation
Decision Sciences · Social Sciences · #Auction Theory and Applications #Game Theory and Applications #Experimental Behavioral Economics Studies

paper · pdf · doi:10.48550/arxiv.1403.6394

Abstract

We relate the strategy sets that a player ends up with after refining his own strategies according to two very different models of rationality: namely, utility maximization and regret minimization.

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