Reputation Game based on Utility Function
We explore a reputation game based on utility function.This game models ”Hold-up” situations potentially regulated with a reputation mechanism.In this game,players may adopt an opportunistic behavior or a fair-play attitude.This kind of behavior will determine each player”s pay-off and impact each player”s reputation.Reputation is determined by the valuation of reciprocal behaviors adopted by player and has strong influence on contracting opportunities.With the help of utility function we verify,in this reputation game,how the agents take their optimal strategy to maximizing each corresponding utility function.
reputation game theory utility function
YING Yi-rong TONG Yu-yuan
College of International Business and Management, Shanghai University Shanghai 200436
国内会议
呼和浩特
英文
88-92
2009-07-01(万方平台首次上网日期,不代表论文的发表时间)