@inproceedings{ef618c4e7c174397b28e58ab88db069a,
title = "The Effect of Loss-Aversion on Strategic Behaviour of Players in Divergent Interest Tacit Coordination Games",
abstract = "Previous Experiments in the field of human behavior and game theory has shown that loss aversion has a major effect on players{\textquoteright} decisions in coordination problems. The overarching aim of our study was to model the effect of loss aversion on individual player behavior in divergent interest tacit coordination games. Based on a large-scale behavioral data we have designed a model predicting the total number of points players allocate to themselves as a result of increased penalty values in cases of non-coordination. Understanding the effect of loss aversion in case of divergent interest coordination problems on players{\textquoteright} behavior will allow us to better predict the human decision-making process and as a result, create more realistic algorithms for human-machine cooperation{\textquoteright}s. Understanding the effect of loss aversion in the context of divergent interest tacit coordination games may enable the construction of better algorithms for human-machine interaction that could more accurately predict human decision behavior under uncertainty.",
keywords = "Cognitive modeling, Decision making, Divergent interest, Loss aversion, Tacit coordination games",
author = "Dor Mizrahi and Ilan Laufer and Inon Zuckerman",
note = "Publisher Copyright: {\textcopyright} 2020, Springer Nature Switzerland AG.; 13th International Conference on Brain Informatics, BI 2020 ; Conference date: 19-09-2020 Through 19-09-2020",
year = "2020",
doi = "10.1007/978-3-030-59277-6_4",
language = "אנגלית",
isbn = "9783030592769",
series = "Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)",
publisher = "Springer Science and Business Media Deutschland GmbH",
pages = "41--49",
editor = "Mufti Mahmud and Stefano Vassanelli and Kaiser, {M. Shamim} and Ning Zhong",
booktitle = "Brain Informatics - 13th International Conference, BI 2020, Proceedings",
address = "גרמניה",
}