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020 _a9780262047296
082 _a519.3
_bCAR
100 _aCarpenter, Jeffrey
_915524
245 _aGame theory and behavior
260 _bThe MIT Press
_aMassachusetts
_c2022
300 _axxii, 701 p.
365 _aUSD
_b125.00
520 _aAn introduction to game theory that offers not only theoretical tools but also the intuition and behavioral insights to apply these tools to real-world situations. This introductory text on game theory provides students with both the theoretical tools to analyze situations through the logic of game theory and the intuition and behavioral insights to apply these tools to real-world situations. It is unique among game theory texts in offering a clear, formal introduction to standard game theory while incorporating evidence from experimental data and introducing recent behavioral models. Students will not only learn about incentives, how to represent situations as games, and what agents “should” do in these situations, but they will also be presented with evidence that either confirms the theoretical assumptions or suggests a way in which the theory might be updated. Each chapter begins with a motivating example that can be run as an experiment and ends with a discussion of the behavior in the example. Parts I–IV cover the fundamental “nuts and bolts” of any introductory game theory course, including the theory of games, simple games with simultaneous decision making by players, sequential move games, and incomplete information in simultaneous and sequential move games. Parts V–VII apply the tools developed in previous sections to bargaining, cooperative game theory, market design, social dilemmas, and social choice and voting, while part VIII offers a more in-depth discussion of behavioral game theory models including evolutionary and psychological game theory. Instructor resources include solutions to end-of-chapter exercises and the oTree codes for running the games online. (https://mitpress.mit.edu/9780262047296/game-theory-and-behavior/)
650 _aGame theory
_912821
650 _aEconomics--Psychological aspects
_913302
650 _aHuman behavior
_912879
700 _aRobbett, Andrea
_915525
942 _cBK
_2ddc
999 _c5889
_d5889