Game theory is a mathematical system for analysing and predicting how humans behave in strategic situations. Standard equilibrium analyses assume that all players: (I) form beliefs based on an analysis of what others might do (strategic thinking); (2) choose the best response given those beliefs (optimization); and (3) adjust best responses and beliefs until they are mutually consistent (equilibrium)
The way economists and other social scientists model how people make interdependent decisions is thr...
Classical rationality as accepted by game theory assumes that a human chooser in a given moment has ...
While the cardinal role of game theory in economic analysis is no longer challenged, a fundamental q...
Game theory is a mathematical system for analysing and predicting how humans behave in strategic sit...
People deviate from the predictions of game theory in two systematic ways. They are not purely self...
People deviate from the predictions of game theory in two systematic ways. They are not purely self...
Is game theory meant to describe actual choices by people and institutions or not? It is remarkable...
How do interacting decision-makers make strategic choices? If they’re rational and can somehow predi...
The domain of strategic interaction includes all those decision tasks in which the outcome of a deci...
Players in a game are “in equilibrium” if they are rational, and accurately predict other players' s...
Players in a game are “in equilibrium” if they are rational, and accurately predict other players' s...
The way economists and other social scientists model how people make interdependent decisions is thr...
Many weaknesses of game theory are cured by new models that embody simple cognitive principles, whi...
Abstract: The way economists and other social scientists model how people make interdependent decisi...
The way economists and other social scientists model how people make interdependent decisions is thr...
The way economists and other social scientists model how people make interdependent decisions is thr...
Classical rationality as accepted by game theory assumes that a human chooser in a given moment has ...
While the cardinal role of game theory in economic analysis is no longer challenged, a fundamental q...
Game theory is a mathematical system for analysing and predicting how humans behave in strategic sit...
People deviate from the predictions of game theory in two systematic ways. They are not purely self...
People deviate from the predictions of game theory in two systematic ways. They are not purely self...
Is game theory meant to describe actual choices by people and institutions or not? It is remarkable...
How do interacting decision-makers make strategic choices? If they’re rational and can somehow predi...
The domain of strategic interaction includes all those decision tasks in which the outcome of a deci...
Players in a game are “in equilibrium” if they are rational, and accurately predict other players' s...
Players in a game are “in equilibrium” if they are rational, and accurately predict other players' s...
The way economists and other social scientists model how people make interdependent decisions is thr...
Many weaknesses of game theory are cured by new models that embody simple cognitive principles, whi...
Abstract: The way economists and other social scientists model how people make interdependent decisi...
The way economists and other social scientists model how people make interdependent decisions is thr...
The way economists and other social scientists model how people make interdependent decisions is thr...
Classical rationality as accepted by game theory assumes that a human chooser in a given moment has ...
While the cardinal role of game theory in economic analysis is no longer challenged, a fundamental q...