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Advances in Understanding Strategic Behaviour: Game Theory, Experiments and Bounded Rationality

✍ Scribed by Steffen Huck (eds.)


Publisher
Palgrave Macmillan UK
Year
2004
Tongue
English
Leaves
359
Edition
1
Category
Library

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✦ Synopsis


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 GΓΌth.

✦ Table of Contents


Front Matter....Pages i-xvii
Boundedly Rational Qualitative Reasoning on Comparative Statics....Pages 1-8
Complexity Constraints and Adaptive Learning: An Example....Pages 9-27
Vengefulness Evolves in Small Groups....Pages 28-54
Network Formation and Co-ordination Games....Pages 55-72
Specific Skills, Imperfect Information and Job Rationing....Pages 73-84
Testing Game Theory....Pages 85-104
A Dialogue Concerning the Nature of Rationality....Pages 105-119
Behavioural Game Theory: Thinking, Learning and Teaching....Pages 120-180
Double Auction Markets with Stochastic Supply and Demand Schedules: Call Markets and Continuous Auction Trading Mechanisms....Pages 181-208
Multistage Sealed-bid ΞΊ-Double-Auctions: An Experimental Study of Bilateral Bargaining....Pages 209-234
The Role of Learning in Arbitration: An Exploratory Experiment....Pages 235-257
Communication and Co-operation in a Common-Pool Resource Dilemma: A Field Experiment....Pages 258-286
Price Competition: The Role of Gender and Education....Pages 287-297
Parity, Sympathy and Reciprocity....Pages 298-313
Fairness in Stackelberg Games....Pages 314-323
Learning from (and in) the Ultimatum Game: An Interview with Alvin E. Roth....Pages 324-331
Back Matter....Pages 332-341

✦ Subjects


Economic Theory/Quantitative Economics/Mathematical Methods; Game Theory; Game Theory, Economics, Social and Behav. Sciences


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