Narrow Bracketing and Risk in Games

• DOI: 10.48550/arxiv.2502.11243
• Publication Date: 2025-02-16
• Authors: Fedor Sandomirskiy; Po Hyun Sung; Omer Tamuz; Ben Wincelberg
• Keywords: Bracketing (phenomenology)

We study finite normal-form games under a narrow bracketing assumption: when players play several simultaneously, they consider each one separately. show that mild additional assumptions, must either Nash equilibria, logit quantal response or their generalizations, which capture with various risk attitudes.