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econ.TH2020★ 1 cited
Black-Box Strategies and Equilibrium for Games with Cumulative Prospect Theoretic Players
Soham R. Phade, Venkat Anantharam
The betweenness property of preference relations states that a probability mixture of two lotteries should lie between them in preference. It is a weakened form of the independence…
econ.TH2018★ 4 cited
Optimal Resource Allocation over Networks via Lottery-Based Mechanisms
Soham R. Phade, Venkat Anantharam
We show that, in a resource allocation problem, the ex ante aggregate utility of players with cumulative-prospect-theoretic preferences can be increased over deterministic allocati…