Central and East European
Society for Phenomenology

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185987

An exploration of type indeterminacy in strategic decision-making

Jerome R. Busemeyer

pp. 113-127

Abstract

In this paper we explore an extension of the Type Indeterminacy model of decision-making to strategic decision-making. A 2×2 game is investigated. We first show that in a one-shot simultaneous move setting the TI-model is equivalent to the standard Bayes-Harsanyi model. We then let the game be preceded by a cheap-talk promise game. We show in an example that in the TI-model the promise stage can have an impact on the next following behavior when the standard Bayes-Harsanyi model predicts no impact whatsoever. The TI approach differs from other behavioral approaches in identifying the source of the effect of cheap-talk promises in the intrinsic indeterminacy of the players' type.

Publication details

Published in:

Bruza Peter, Sofge Donald A., Lawless William F. (2009) Quantum interaction: Third international symposium, Qi 2009, Saarbrücken, Germany, March 25-27, 2009. Dordrecht, Springer.

Pages: 113-127

DOI: 10.1007/978-3-642-00834-4_11

Full citation:

Busemeyer Jerome R. (2009) „An exploration of type indeterminacy in strategic decision-making“, In: P. Bruza, D. A. Sofge & W. F. Lawless (eds.), Quantum interaction, Dordrecht, Springer, 113–127.