Behavioral Game Theory: Experiments in Strategic Interaction. Colin F. Camerer

Behavioral Game Theory: Experiments in Strategic Interaction


Behavioral.Game.Theory.Experiments.in.Strategic.Interaction.pdf
ISBN: 0691090394,9780691090399 | 248 pages | 7 Mb


Download Behavioral Game Theory: Experiments in Strategic Interaction



Behavioral Game Theory: Experiments in Strategic Interaction Colin F. Camerer
Publisher: Princeton University Press




Evolutionary game theory has been used to model biological and social interactions where the dynamics are more imitative than optimizing. New York/Princeton: Russell Sage Foundation/Princeton University Press. There is an ongoing debate regarding the importance of these experiments. While initially developed to analyze competitions where one individual does better at another's expense (zero sum games), it has been expanded to treat a wide class of interactions, which are classified according to several .. CAMERER, C F (2003) Behavioural Game Theory. This model captures two fundamental kinds of social interactions (coordination and anti-coordination) simultaneously, and also has its own interest to game theory: it is a hybrid model of pure competition and pure cooperation. This is true because We are sure that as the post industrial society [6] is coming to reality for more and more countries, the practical functions of commodities and human behaviors are mattering less and less compared with their social functions. Behavioral Game Theory: Experiments in Strategic Interaction by Colin F. Experiments in Strategic Interaction. Behavioral Game Theory: Experiments in Strategic Interaction. Starting point for our modeling strategy as described in the following Section. We show that theories that equalize wages with marginal products in the private sector can rationalize the interaction of public and private sector wages when extended to accommodate a non- trivial government sector/public sector union that endogenously determines public employment We are able to simulate experiments that help us understanding the dynamic behavior of aggre- gate time series of .. Game theory attempts to mathematically capture behavior in strategic situations, where an individual's success in making choices depends on the choices of others.

Other ebooks: