000			02861nam a2200289Ia 4500
999			_c1389 _d1389
003			DE-boiza
005			20200116103704.0
008			191008
020			_a0-691-09039-4
040			_cIZA
100			_a Camerer, Colin F. _93911
245		0	_aBehavioral Game Theory
260			_c2003 _bPrinceton University Press, _aPrinceton, N.J.,
300			_a550 pages
340			_hC7 2
440			_aThe Roundtable Series in Behavioral Economics _96473
520			_a 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.
650			_abehavioral economics _91561
650			_aexperimental economics _9762
650			_agame theory _93913
650			_amathematical methods _95127
650			_adecisions _96442
650			_arationality _96471
650			_aexperimental methods _96472
856			_uhttps://press.princeton.edu/books/hardcover/9780691090399/behavioral-game-theory _yPublisher's website
942			_cBO _2ddc