Behavioral Game Theory. Experiments In Strategic Interaction.

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Camerer, Colin

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ISBN:9780691090399
Editorial: Princeton University Press
Fecha de la edición:2003
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Nº Pág.:550
Idiomas:Ingles

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/ Economía Cuantitativa

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.

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