讲座:The Cooperation Problem 发布时间:2022-12-15

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  目:The Cooperation Problem

   宾:李相梁,助理教授,南开大学金融学院

主持人:闵炜程,助理教授,上海交通大学安泰经济与管理学院

   间:20221221日(周三)11:30-13:00

   点:腾讯会议(校内师生如需会议号和密码,请发邮件至yueqiwang@sjtu.edu.cn获取

内容简介:

In this paper, we propose an opposite model of noncooperative games (Nash, 1951): The Cooperation Problem. In this model, players can choose nothing but cooperation. We show that within this model, an ideal solution can be identified via sentiments (formally implemented in an axiomatic approach) as opposed to the Nash equilibrium identified within noncooperative games via rationality. Despite their oppositeness, the two models are complementary. We show that the cooperation problem helps solve the equilibrium selection problem---a notorious challenge of noncooperative games. And by combining the two models, we propose a new solution of normal-form games that describes “standards of behavior”---an initial quest of game theory (von Neumann and Morgenstern, 1944).

演讲人简介:

Xiangliang Li is an Assistant Professor at the School  of Finance, Nankai University. He obtained his PhD in economics from Yale  University in 2021. His research interests are in game theory, public  economics, and international trade.

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