Intentions, Trust and Frames: A Note on Sociality and the Theory of Games

Vittorio Pelligra

Review of Social Economy, 2011, vol. 69, issue 2, 163-188

Abstract: Psychological Game Theory (PGT) expands classical game theory allowing for the formal analysis of belief-dependent sentiments and emotions such as resentment, pride, shame, gratefulness and the like. PGT incorporates these factors by relating agents' subjective expected utility to players' strategies, to their beliefs about others' strategies, and also to their beliefs about others' beliefs about their strategies, and so on. This paper argues that, thanks to the epistemic implications of this hierarchy of beliefs, PGT is well-endowed to address, and to some extent solve, three of the most challenging problems recently emerged in classical game theory related respectively to the role of players' intentionality, to the self-fulfilling nature of trust and finally to the so-called social framing effects.

Keywords: psychological games; intentions; trust; decision frames (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00346760903568451 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Intentions, Trust and Frames: A note on Sociality and the Theory of Games (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rsocec:v:69:y:2011:i:2:p:163-188

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RRSE20

DOI: 10.1080/00346760903568451

Access Statistics for this article

Review of Social Economy is currently edited by Wilfred Dolfsma and John Davis

More articles in Review of Social Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().