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Understanding Strategic Interaction

Name: Understanding Strategic Interaction
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 07135034
Price: 102.31 EUR
Availability: InStock
Author: Wulf Albers
ISBN: 9783642644306

Essays in Honor of Reinhard Selten

Language

English

Book Paperback

Libristo code: 07135034

Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, September 2011

Strategic interaction occurs whenever it depends on others what one finally obtains: on markets, in... Full description

Libristo code: 07135034

249 b

102.31 €

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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.