Discovery Projects - Grant ID: DP190103888

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP190103888

Funding Status
Active

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Funded Activity Summary

Rank-dependent choice equilibrium. This project aims to develop and test a new statistical theory of games, Rank-Dependent Choice Equilibrium (RDCE), which has the potential to unify and improve on existing approaches where the extreme reliance on perfect decision making and perfect foresight has raised doubts about their empirical relevance. The project intends to develop the theoretical foundations of RDCE, explore its relation with various parametric approaches, and evaluate RDCE via meta studies and stress tests. Expected outcomes of RDCE include a paradigm shift in game theory, resulting in broader acceptance and adoption of statistical game theory and to more robust policy recommendations.

Funded Activity Details

Start Date: 01-01-2019

End Date: 31-12-2023

Funding Scheme: Discovery Projects

Funding Amount: $429,660.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Microeconomic Theory | Economic Theory | Experimental Economics |

ANZSRC Socio-Economic Objective (SEO)

Preference, Behaviour and Welfare

Other Keywords

Economic Theory | Experimental Economics | Microeconomic Theory | Preference, Behaviour and Welfare

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