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Reference-dependent preferences, super-dominance and stochastic stability

Sawa, R; Wu, JB

Sawa, R (reprint author), Univ Tsukuba, Dept Policy & Planning Sci, Tsukuba, Ibaraki, Japan.

JOURNAL OF MATHEMATICAL ECONOMICS, 2018; 78 (): 96

Abstract

This paper investigates stochastic stability of noisy best response dynamics with reference-dependent preferences. We define a strategy as super-domin......

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