Understanding Strategic Interaction
Subtitle: Essays in Honor of Reinhard Selten
By: edited by Wulf Albers, Werner Güth, Peter Hammerstein, Benny Moldovanu, Eric Damme
Contributors: Güth, Werner; Hammerstein, Peter; Moldovanu, Benny; Damme, Eric
Publisher: Springer Berlin Heidelberg
Published: 1997
Place of publication: Berlin, Heidelberg
Language: eng
Format: [electronic resource] :
Number of pages: 517
ISBN-13: 9783642644306; 9783642604959
Subjects: Numerical analysis; Economics
Description: 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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Table of contents: title: Contents: Interview with Elisabeth and Reinhard Selten; title: On the State of the Art in Game Theory; title: Working with Reinhard Selten; title: Introduction and Survey; title: Conceptual Ideas in Game Theory; title: Evolutionary Game Theory; title: Applications of Non-Cooperative Game Theory; title: Relating Cooperative and Non-Cooperative Game Theory; title: Principles in Behavioral Economics; title: Experimental Studies.