Advances in Understanding Strategic Behaviour: Game Theory, Experiments and Bounded Rationality
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Overview
This volume contains sixteen original articles documenting recent progress in understanding strategic behavior. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioral game theory, bounded rationality and economic psychology to experimental economics. There are plenty of new models and insights but the book also illustrates the boundaries of what we know today and explains the frontiers of tomorrow.
Synopsis
This volume contains sixteen original articles documenting recent progress in understanding strategic behavior. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioral game theory, bounded rationality and economic psychology to experimental economics. There are plenty of new models and insights but the book also illustrates the boundaries of what we know today and explains the frontiers of tomorrow.