Motivated Beliefs, Independence and Cooperation

Wei Huang, Yu Wang and Xiaojian Zhao

No 2023-08, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: Humans are social animals but sometimes stay alone. The paper theoretically investigates the connection between an intraperson game and an interperson interaction. Motivated beliefs supplied from memory management due to present bias in the individual investment problem give rise to a positive spillover on others through social interactions, suggesting that a high frequency of social interactions reduces an individual’s tendency to cooperate

Keywords: motivated beliefs; self-confidence; present bias; cooperation; cultural difference (search for similar items in EconPapers)
JEL-codes: C91 D01 D91 O57 Z10 (search for similar items in EconPapers)
Date: 2023-05-01
New Economics Papers: this item is included in nep-cbe, nep-evo, nep-exp, nep-gth and nep-soc
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Journal Article: Motivated Beliefs, Independence and Cooperation (2024)
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