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portada understanding strategic interaction: essays in honor of reinhard selten
Type
Physical Book
Illustrated by
Publisher
Author
Year
2011
Language
English
Pages
518
Format
Paperback
Dimensions
23.4 x 15.6 x 2.7 cm
Weight
0.73 kg.
ISBN
3642644309
ISBN13
9783642644306
Categories

understanding strategic interaction: essays in honor of reinhard selten

Peter Hammerstein (Illustrated by) · Wulf Albers (Illustrated by) · Werner Güth (Illustrated by) · Springer · Paperback

understanding strategic interaction: essays in honor of reinhard selten - Albers, Wulf ; Güth, Werner ; Hammerstein, Peter

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Synopsis "understanding strategic interaction: essays in honor of reinhard selten"

Strategic interaction occurs whenever it depends on others what one finally obtains: on markets, in firms, in politics etc. Game theorists analyse such interaction normatively, using numerous different methods. The rationalistic approach assumes perfect rationality whereas behavioral theories take into account cognitive limitations of human decision makers. In the animal kingdom one usually refers to evolutionary forces when explaining social interaction. The volume contains innovative contributions, surveys of previous work and two interviews which shed new light on these important topics of the research agenda. The contributions come from highly regarded researchers from all over the world who like to express in this way their intellectual inspiration by the Nobel-laureate Reinhard Selten.

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