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Behavioral Game Theory: Experiments in Strategic Interaction by Colin F. Camerer

Behavioral Game Theory: Experiments in Strategic Interaction Colin F. Camerer ebook
Page: 248
Format: pdf
ISBN: 0691090394, 9780691090399
Publisher: Princeton University Press

For this reason neuroeconomics as an actual science will probably influence economics in a similarly positive way cognitive psychology and behavioural economics have. Note that all of this is just the use of game theory in “games against nature”. New York: Russell Sage Foundation. Behavioral game theory: Experiments in strategic interaction (pp. However, to more accurately explain behavior, it is helpful to use aspects of psychological and social science into the game theory involved in explaining evolutionary behaviors. This is consistent both with previous experimental results on direct and indirect reciprocity and with theoretical studies showing that, when interaction is repeated over time, the possibility of knowing others' past behaviour significantly increases cooperation . The effects of affect manipulation and information exposure on divergent thinking. Game theory and human evolution: A critique of some recent interpretations of experimental games Evolutionarily stable strategy explains some behaviors that evolved through selection, which is apparently closely linked to the concept of Nash equilibrium. Nevertheless, third-party reputation systems seemed to be more sensitive than dyadic reputation ones to fluctuations of strategies during the game and tended to produce lower cooperation in the final periods. Camerer, Behavioral Game Theory: Experiments on Strategic Interaction, Princeton University Press, Princeton, 2003. Goffman makes clear that often,. Loewenstein, 'Hedonic Adaptation' in D. Strategic Interaction (Conduct and Communication): Erving Goffman. While the nascent field of neuroeconomics has its teething problems, . Experimental economics utilises game theory, which proves to be a useful tool in investigating strategic interaction between decision-making players. Strategic Interaction | Goffman, Erving - Penn: University of.