Behavioral Game Theory
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Behavioral Game Theory
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Author : Russell Golman
language : en
Publisher: MDPI
Release Date : 2021-01-07
Behavioral Game Theory written by Russell Golman and has been published by MDPI this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-07 with Business & Economics categories.
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 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.
Behavioral Game Theory
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Author : Colin Camerer
language : en
Publisher: Princeton University Press
Release Date : 2003-03-17
Behavioral Game Theory written by Colin Camerer and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-03-17 with Business & Economics categories.
Publisher Description
Behavioral Game Theory
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Author : Colin F. Camerer
language : en
Publisher: Princeton University Press
Release Date : 2011-09-05
Behavioral Game Theory written by Colin F. Camerer and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-09-05 with Business & Economics categories.
Game theory, the formalized study of strategy, began in the 1940s by asking how emotionless geniuses should play games, but ignored until recently how average people with emotions and limited foresight actually play games. This book marks the first substantial and authoritative effort to close this gap. Colin Camerer, one of the field's leading figures, uses psychological principles and hundreds of experiments to develop mathematical theories of reciprocity, limited strategizing, and learning, which help predict what real people and companies do in strategic situations. Unifying a wealth of information from ongoing studies in strategic behavior, he takes the experimental science of behavioral economics a major step forward. He does so in lucid, friendly prose. Behavioral game theory has three ingredients that come clearly into focus in this book: mathematical theories of how moral obligation and vengeance affect the way people bargain and trust each other; a theory of how limits in the brain constrain the number of steps of "I think he thinks . . ." reasoning people naturally do; and a theory of how people learn from experience to make better strategic decisions. Strategic interactions that can be explained by behavioral game theory include bargaining, games of bluffing as in sports and poker, strikes, how conventions help coordinate a joint activity, price competition and patent races, and building up reputations for trustworthiness or ruthlessness in business or life. While there are many books on standard game theory that address the way ideally rational actors operate, Behavioral Game Theory stands alone in blending experimental evidence and psychology in a mathematical theory of normal strategic behavior. It is must reading for anyone who seeks a more complete understanding of strategic thinking, from professional economists to scholars and students of economics, management studies, psychology, political science, anthropology, and biology.
Behavioral Game Theory
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Author : Colin Camerer
language : en
Publisher:
Release Date :
Behavioral Game Theory written by Colin Camerer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with Decision making categories.
Games Rationality And Behaviour
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Author : Alessandro Innocenti
language : en
Publisher: Palgrave MacMillan
Release Date : 2008-01-15
Games Rationality And Behaviour written by Alessandro Innocenti and has been published by Palgrave MacMillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-15 with Business & Economics categories.
Behavioural game theory is the most important recent development of standard game theory, and its applications regard several fields of research, ranging from economic theory to sociology and political science. Behavioural game theory aims to provide a behavioural and psychological approach to game theory modelling, in order to identify more robust equilibrium outcomes and more realistic behavioural assumptions. This book explores the key topics in detail, covering issues such as players' heterogeneity, social preferences, reciprocity, learning and information, and punishment in public good games. It provides a state-of-the-art analysis of the progress and methodology of behavioural game theory, as well as exploring the interdisciplinary aspects of the subject, and is an extremely valuable resource for academics and scholars with an interest in the area. Book jacket.
Behavioral Game Theory
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Author : Gerard Blokdyk
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2017-11-21
Behavioral Game Theory written by Gerard Blokdyk and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-21 with categories.
What key business process output measure(s) does Behavioral game theory leverage and how? How likely is the current Behavioral game theory plan to come in on schedule or on budget? In the case of a Behavioral game theory project, the criteria for the audit derive from implementation objectives. an audit of a Behavioral game theory project involves assessing whether the recommendations outlined for implementation have been met. in other words, can we track that any Behavioral game theory project is implemented as planned, and is it working? Is there a recommended audit plan for routine surveillance inspections of Behavioral game theory's gains? Have all basic functions of Behavioral game theory been defined? This best-selling Behavioral game theory self-assessment will make you the assured Behavioral game theory domain visionary by revealing just what you need to know to be fluent and ready for any Behavioral game theory challenge. How do I reduce the effort in the Behavioral game theory work to be done to get problems solved? How can I ensure that plans of action include every Behavioral game theory task and that every Behavioral game theory outcome is in place? How will I save time investigating strategic and tactical options and ensuring Behavioral game theory opportunity costs are low? How can I deliver tailored Behavioral game theory advise instantly with structured going-forward plans? There's no better guide through these mind-expanding questions than acclaimed best-selling author Gerard Blokdyk. Blokdyk ensures all Behavioral game theory essentials are covered, from every angle: the Behavioral game theory self-assessment shows succinctly and clearly that what needs to be clarified to organize the business/project activities and processes so that Behavioral game theory outcomes are achieved. Contains extensive criteria grounded in past and current successful projects and activities by experienced Behavioral game theory practitioners. Their mastery, combined with the uncommon elegance of the self-assessment, provides its superior value to you in knowing how to ensure the outcome of any efforts in Behavioral game theory are maximized with professional results. Your purchase includes access details to the Behavioral game theory self-assessment dashboard download which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next. Your exclusive instant access details can be found in your book.
The Foundations Of Behavioral Economic Analysis
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Author : Sanjit Dhami
language : en
Publisher: Oxford University Press
Release Date : 2019-07-03
The Foundations Of Behavioral Economic Analysis written by Sanjit Dhami and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-03 with Business & Economics categories.
This fourth volume of The Foundations of Behavioral Economic Analysis covers behavioral game theory. It is an essential guide for advanced undergraduate and postgraduate students seeking a concise and focused text on this important subject, and examines the evidence on classical game theory and several models of behavioral game theory, including level-k and cognitive hierarchy models, quantal response equilibrium, and psychological game theory. This updated extract from Dhami's leading textbook allows the reader to pursue subsections of this vast and rapidly growing field and to tailor their reading to their specific interests in behavioural economics.
Behavioral Game Theory
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Author : Gerardus Blokdyk
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2018-01-13
Behavioral Game Theory written by Gerardus Blokdyk and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-13 with categories.
What key business process output measure(s) does Behavioral game theory leverage and how? How likely is the current Behavioral game theory plan to come in on schedule or on budget? In the case of a Behavioral game theory project, the criteria for the audit derive from implementation objectives. an audit of a Behavioral game theory project involves assessing whether the recommendations outlined for implementation have been met. in other words, can we track that any Behavioral game theory project is implemented as planned, and is it working? Is there a recommended audit plan for routine surveillance inspections of Behavioral game theory's gains? Have all basic functions of Behavioral game theory been defined? This best-selling Behavioral game theory self-assessment will make you the assured Behavioral game theory domain visionary by revealing just what you need to know to be fluent and ready for any Behavioral game theory challenge. How do I reduce the effort in the Behavioral game theory work to be done to get problems solved? How can I ensure that plans of action include every Behavioral game theory task and that every Behavioral game theory outcome is in place? How will I save time investigating strategic and tactical options and ensuring Behavioral game theory opportunity costs are low? How can I deliver tailored Behavioral game theory advise instantly with structured going-forward plans? There's no better guide through these mind-expanding questions than acclaimed best-selling author Gerard Blokdyk. Blokdyk ensures all Behavioral game theory essentials are covered, from every angle: the Behavioral game theory self-assessment shows succinctly and clearly that what needs to be clarified to organize the business/project activities and processes so that Behavioral game theory outcomes are achieved. Contains extensive criteria grounded in past and current successful projects and activities by experienced Behavioral game theory practitioners. Their mastery, combined with the uncommon elegance of the self-assessment, provides its superior value to you in knowing how to ensure the outcome of any efforts in Behavioral game theory are maximized with professional results. Your purchase includes access details to the Behavioral game theory self-assessment dashboard download which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next. Your exclusive instant access details can be found in your book.
Behavioral Game Theory
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Author : Russell Golman
language : en
Publisher:
Release Date : 2021
Behavioral Game Theory written by Russell Golman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
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 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.
Economic Behavior Game Theory And Technology In Emerging Markets
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Author : Christiansen, Bryan
language : en
Publisher: IGI Global
Release Date : 2013-11-30
Economic Behavior Game Theory And Technology In Emerging Markets written by Christiansen, Bryan and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-30 with Business & Economics categories.
"This book explores game theory and its deep impact in developmental economics, specifically the manner in which it provides a way of formalizing institutions"--Provided by publisher.