Buch

Behavioral game theory

How 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 oft􀀵en 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.

ISBN
978-3-03943-774-0

Sprache
Englisch

Klassifikation
Wirtschaft
Thema
bounded rationality
cognitive hierarchy theory
dual accumulator model
level-k reasoning
limited iterated reasoning
noisy introspection
payoff sensitivity
psychological game theory
quantal response equilibrium
salience

Ereignis
Geistige Schöpfung
(wer)
Golman, Russell
Ereignis
Veröffentlichung
(wer)
MDPI
(wo)
Basel
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Buch

Beteiligte

  • Golman, Russell
  • MDPI

Entstanden

  • 2020

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