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cs.GT2021
Mechanism Design for Cumulative Prospect Theoretic Agents: A General Framework and the Revelation Principle
Soham R. Phade, Venkat Anantharam
This paper initiates a discussion of mechanism design when the participating agents exhibit preferences that deviate from expected utility theory (EUT). In particular, we consider…
cs.GT2018
Learning in Games with Cumulative Prospect Theoretic Preferences
Soham R. Phade, Venkat Anantharam
We consider repeated games where the players behave according to cumulative prospect theory (CPT). We show that, when the players have calibrated strategies and behave according to…
cs.GT2017★ 7 cited
On the Geometry of Nash and Correlated Equilibria with Cumulative Prospect Theoretic Preferences
Soham R. Phade, Venkat Anantharam
It is known that the set of all correlated equilibria of an n-player non-cooperative game is a convex polytope and includes all the Nash equilibria. Further, the Nash equilibria al…