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dc.contributor.editorGolman, Russell
dc.date.accessioned2021-05-01T15:06:00Z
dc.date.available2021-05-01T15:06:00Z
dc.date.issued2021
dc.identifierONIX_20210501_9783039437733_21
dc.identifier.urihttps://directory.doabooks.org/handle/20.500.12854/68278
dc.description.abstractHow do interacting decision-makers make strategic choices? If they’re rational and can somehow predict each other’s behavior, they may find themselves in a Nash equilibrium. However, humans display pervasive and systematic departures from rationality. They often do not conform to the predictions of the Nash equilibrium, or its various refinements. This has led to the growth of behavioral game theory, which accounts for how people actually make strategic decisions by incorporating social preferences, bounded rationality (for example, limited iterated reasoning), and learning from experience. This book brings together new advances in the field of behavioral game theory that help us understand how people actually make strategic decisions in game-theoretic situations.
dc.languageEnglish
dc.subject.classificationthema EDItEUR::K Economics, Finance, Business and Managementen_US
dc.subject.othersocial preferences
dc.subject.otherthird-party punishment
dc.subject.othercognitive reflection ability
dc.subject.otherintuition
dc.subject.otherreflection
dc.subject.otherdictator game
dc.subject.otherultimatum game
dc.subject.otherpotential games
dc.subject.othersocial welfare
dc.subject.otherrisk dominance
dc.subject.otherpayoff dominance
dc.subject.otherinnovation diffusion
dc.subject.otherexternalities
dc.subject.otherdecomposition
dc.subject.otherstrategic communication
dc.subject.othertwo-stage games
dc.subject.otherpareto efficient equilibria
dc.subject.otherbelief formation
dc.subject.otherlearning
dc.subject.otherbehavioral game theory
dc.subject.othercase-based decision theory
dc.subject.otherlevel-k reasoning
dc.subject.otherguessing game
dc.subject.othercognitive load
dc.subject.otherendogenous depth of reasoning
dc.subject.otherstrategic thinking
dc.subject.othern/a
dc.titleBehavioral Game Theory
dc.typebook
oapen.identifier.doi10.3390/books978-3-03943-774-0
oapen.relation.isPublishedBy46cabcaa-dd94-4bfe-87b4-55023c1b36d0
oapen.relation.isbn9783039437733
oapen.relation.isbn9783039437740
oapen.pages128
oapen.place.publicationBasel, Switzerland


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