Understanding Strategic Interaction

Released on by Wulf Albers
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  • Understanding Strategic Interaction Book Detail

  • Author : Wulf Albers
  • Release Date : 2012-12-06
  • Publisher : Springer Science & Business Media
  • Genre : Business & Economics
  • Pages : 526
  • ISBN 13 : 3642604951
  • File Size : 40,40 MB
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Understanding Strategic Interaction by Wulf Albers PDF Summary

Book 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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Understanding Strategic Interaction

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This volume contains the revised papers of an international symposium on research on fallacies, biases, and the development of decision behavior under uncertain