Understanding Strategic Interaction: Essays in Honor of Reinhard Selten

Albers, Wulf; Güth, Werner; Hammerstein, Peter; Moldovanu, Benny; Damme, Eric van

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.

Details

Published by: Springer

Publication Date: 2011-09-28

Format: Paperback

ISBN-10: 9783642644306

ISBN-13: 9783642644306

DOI: 10.1007/978-3-642-60495-9

Dimensions: 235cm x155cm

Pages: 518