Salience and Strategy Choice in 2 × 2 Games

We present a model of boundedly rational play in single-shot 2 × 2 games. Players choose strategies based on the perceived salience of their own payoffs and, if own-payoff salience is uninformative, on the perceived salience of their opponent’s payoffs. When own payoffs are salient, the model’s pre...

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Bibliographic Details
Main Authors: Jonathan W. Leland, Mark Schneider
Format: Article
Language:English
Published: MDPI AG 2015-10-01
Series:Games
Subjects:
Online Access:http://www.mdpi.com/2073-4336/6/4/521