Behavioural game theory: Thinking, learning and teaching

Colin F. Camerer; Teck Hua Ho; Juin Kuan Chong

doi:10.1057/9780230523371_8

Behavioural game theory: Thinking, learning and teaching

Colin F. Camerer, Teck Hua Ho, Juin Kuan Chong

Research output: Chapter in Book/Report/Conference proceeding › Chapter

45 Citations (Scopus)

Abstract

Game theory is a mathematical system for analysing and predicting how humans behave in strategic situations. Standard equilibrium analyses assume that all players: (1) form beliefs based on an analysis of what others might do (strategic thinking); (2) choose the best response given those beliefs (optimization); and (3) adjust best responses and beliefs until they are mutually consistent (equilibrium).

Original language	English
Title of host publication	Advances in Understanding Strategic Behaviour
Subtitle of host publication	Game Theory, Experiments and Bounded Rationality
Publisher	Palgrave Macmillan
Pages	120-180
Number of pages	61
ISBN (Electronic)	9780230523371
ISBN (Print)	9781403941527
DOIs	https://doi.org/10.1057/9780230523371_8
Publication status	Published - Jan 1 2004
Externally published	Yes

Bibliographical note

Publisher Copyright:
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2004.

ASJC Scopus Subject Areas

General Economics,Econometrics and Finance
General Business,Management and Accounting
General Mathematics

Access to Document

10.1057/9780230523371_8

Cite this

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Behavioural game theory: Thinking, learning and teaching

Abstract

Bibliographical note

ASJC Scopus Subject Areas

Access to Document

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