Advances in Understanding Strategic Behaviour Game Theory, Experiments and Bounded Rationality
Description
This volume contains sixteen original articles documenting recent progress in understanding strategic behaviour. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioural 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. The articles were written in honour of Werner Güth.
Keywords
Business & EconomicsEconomicsTheoryMathematicsGame Theory
Bounded Rational Behavior in Experimental Games and Markets Proceedings of the Fourth Conference on Experimental Economics, Bielefeld, West Germany, September 21–25, 1986