
‘Would you rather’ - what drives our decisions– with Shachar Kariv
Game Changer - the game theory podcast
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The Linkage Between Decision Theory and Game Theory
There are two levels here, and we have necessary sufficient conditions for a linkage to exist. So in some sense, I can study your risk preferences and I would know your time preferences, no point actually studying them. But there is another dimension to social preferences that even philosophers and even you know Rawls and Harasani debated. And this is a dimension between preferences weighted towards efficiency and preferences weighted towards equality. By changing the price of giving in our experiment, this is exactly what it allows me to estimate a structural economic model.
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