Advances in Understanding Strategic Behaviour Game Theory, Experiments and Bounded Rationality 1st Edition

Author(s): S. Huck
Publisher: Palgrave Macmillan
ISBN: 9781403941527
Edition: 1st Edition

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Description

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.