Modelling change in individual characteristics: An axiomatic framework
نویسندگان
چکیده
منابع مشابه
Modelling change in individual characteristics: An axiomatic framework
Economic models describe individuals by underlying characteristics, such as the degree to which they like music, have sympathy, want success, need recognition, etc. In reality, such characteristics change through experiences: taste for Mozart changes through attending concerts, sympathy through meeting people, etc. Models typically ignore change, partly because it is unclear how to incorporate ...
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ژورنال
عنوان ژورنال: Games and Economic Behavior
سال: 2012
ISSN: 0899-8256
DOI: 10.1016/j.geb.2012.06.006