Impulsivity and information in cooperative and non-cooperative decision problems
Psychological evidences of impulsivity and false consensus eect lead results far from rationality. It is shown that impulsivity modies the discount function of each individual, and false consensus eect increases the degree of consensus in a multi-agent decision problem. Analyzing them together we note that in strategic interactions these two human factors involve choices which change equilibriums expected by rational individuals.
 Bickel W. K., Odum A. L., Madden G. J., “Impulsivity and cigarette smoking: delay discounting in current, never, and ex-smokers”, Psychopharmacology 4, 447-454 (1999).
 Fedrizzi M, Kacprzyk J, Nurmi H., “Group decision making and consensus under fuzzy preferences and fuzzy majority”, Fuzzy Set Syst 49:21–31 (1992).
 Fedrizzi M, Kacprzyk J, Nurmi H., “Consensus degrees under fuzzy preferences using OWA operators”, Contr Cyberne 22(2):78–86 (1993).
 Frederick S., Loewenstein G., O’Donoghue T., “Time Discounting And Time Preference: A Critical Review”, Journal Of Economic Literature 40, 351-401 (2002).
 Kahneman D., Slovic P., Tversky (Eds.), “Judgment under uncertainty: Heuristics and biases”, Cambridge University Press, New York and Cambridge (1982).
 Laibson D. I., “Golden Eggs and Hyperbolic Discounting”, Quarterly Journal of Economics 112, 443-477 (1997).
 Loewenstein G., Prelec D., “Anomalies in intertemporal choice: Evidence and an interpretation”, Quarterly Journal of Economics, pp. 573-97, (1992).
 Mullen B., Atkins J.L., Champion D.S., Edwards C., Hardy D., Story J.E.,Vanderklok M., “The false consensus effect: a meta-analysis of 115 hypothesis test”, J Exp Soc Psychol; 21:262–283 (1985).
 Nash J., “Non-Cooperative Games”, The Annals of Mathematics, Second Series, Vol. 54, No. 2, pp. 286-295, (September 1951).
 O’Donoghue T., Rabin M., “Doing it now or later”, American Economic Review, 89:1, pp. 103-24 (1999).
 Ross L., Amabile T.M., Steinmetz J.L., “Social roles, social control and biases in social perception”, J Pers Soc Psychol; 35:485–494 (1977).
 Samuelson P. A., “A Note on The Measurement of Utility”, The Review of Economic Studies 4, 155-161 (1937).
 Squillante M., Ventre V., “Assessing False Consensus Effect in a Consensus Enhancing Procedure”, International Journal of Intelligent System, vol. 25, 274–285 (2010)
 Strotz R. H., “Myopia and Inconsistency in Dynamic Utililty Maximization”, Review of Economic Studies 23(3), 165-80 (1955-1956).
 Takahashi T., “Theoretical frameworks for neuroeconomics of intertemporal choice”, Journal of Neuroscience, Psychology, and Economics, Vol 2(2), 75-90 (2009).
 Takahashi T., Ikeda K., Hasegawa T., “A hyperbolic decay of subjective probability of obtaining delayed rewards”, Behavioral and Brain Functions, ResearchBio Med Central (2007).
 Thaler R., Shefrin H. M., “An Economic Theory of Self-Control”, Journal of Political Economy (University of Chicago Press) 89(2), 392-406 (April 1981).
 Thaler R., “Quasi Rational Economics”, New York, Russell Sage Foundation, 127-133; In Loewenstein, G. and Elster, J., Eds., Choice over time, New York, Russell Sage Foundation, (1991).
 Ventre A. G. S., Ventre V., “The intertemporal choice behaviour: classical and alternative delay discounting models and control techniques”, Atti Accad. Pelorit. Pericol. Cl. Sci. Fis. Mat. Nat., Vol. 90, Suppl. No. 1, C3 (2012).
 Yager R.R. “On ordered weighted averaging aggregation operators in multi criteria decision making”, IEEE Trans Syst Man Cybern, 18(1):183–190 (1988).
The Copyright Transfer Form to ASERS Publishing (The Publisher)
This form refers to the manuscript, which an author(s) was accepted for publication and was signed by all the authors.
The undersigned Author(s) of the above-mentioned Paper here transfer any and all copyright-rights in and to The Paper to The Publisher. The Author(s) warrants that The Paper is based on their original work and that the undersigned has the power and authority to make and execute this assignment. It is the author's responsibility to obtain written permission to quote material that has been previously published in any form. The Publisher recognizes the retained rights noted below and grants to the above authors and employers for whom the work performed royalty-free permission to reuse their materials below. Authors may reuse all or portions of the above Paper in other works, excepting the publication of the paper in the same form. Authors may reproduce or authorize others to reproduce the above Paper for the Author's personal use or for internal company use, provided that the source and The Publisher copyright notice are mentioned, that the copies are not used in any way that implies The Publisher endorsement of a product or service of an employer, and that the copies are not offered for sale as such. Authors are permitted to grant third party requests for reprinting, republishing or other types of reuse. The Authors may make limited distribution of all or portions of the above Paper prior to publication if they inform The Publisher of the nature and extent of such limited distribution prior there to. Authors retain all proprietary rights in any process, procedure, or article of manufacture described in The Paper. This agreement becomes null and void if and only if the above paper is not accepted and published by The Publisher, or is with drawn by the author(s) before acceptance by the Publisher.