Games, rationality and behaviour : essays in behavioural game theory and experiments / edited by Alessandro Innocenti, Patrizia Sbriglia.

Format:

Book

Contributor:

Innocenti, Alessandro.

Sbriglia, Patrizia.

Language:

English

Subjects (All):

Game theory.

Economics, Mathematical.

Physical Description:

xv, 300 pages : illustrations ; 23 cm

Place of Publication:

Basingstoke ; New York : Palgrave Macmillan, 2008.

Summary:

Behavioural game theory is the most important recent development of standard game theory, and its applications regard several fields of research, ranging from economic theory to sociology and political science. Behavioural game theory aims to provide a behavioural and psychological approach to game theory modelling, in order to identify more robust equilibrium outcomes and more realistic behavioural assumptions.

This book explores the key topics in detail, covering issues such as players' heterogeneity, social preferences, reciprocity, learning and information, and punishment in public good games. It provides a state-of-the-art analysis of the progress and methodology of behavioural game theory, as well as exploring the interdisciplinary aspects of the subject, and is an extremely valuable resource for academics and scholars with an interest in the area.

Contents:

Part I Preferences and Decision Making

1 Unpacking Experimental Discount Rates: Impatience, Uncertainty, and Credit Constraints / Marco Casari 11

2 Introducing Social Norms in Game Theory / Raul Lopez-Perez 26

3 Risk Aversion, Demographics and Unobserved Heterogeneity: Evidence from the Italian TV Show Affari Tuoi / Fabrizio Botti, Anna Conte, Daniela Di Cagno, Carlo D'Ippoliti 47

Part II Fairness and Reciprocity

4 Inequality Aversion and Stochastic Decision Making: Experimental Evidence from Zimbabwean Villages after Land Reform / Stefan Kohler 65

5 Norm Compliance: The Contribution of Behavioural Economics Models / Marco Faillo, Lorenzo Sacconi 101

6 Gender Differences in Altruism: An Experimental Study / Alessandro Innocenti, Maria Grazia Pazienza 134

Part III Equilibrium Selection and Learning

7 On the Absorbability of the Guessing Game Theory - A Theoretical and Experimental Analysis / Andrea Morone, Serena Sandri, Tobias Uske 161

8 Best Responding to What? A Behavioural Approach to One-Shot Play in 2 x 2 Games / Andrea Gallice 184

9 A Survey of Psychological Games: Theoretical Findings and Experimental Evidence / Giuseppe Attanasi, Rosemarie Nagel 204

Part IV Coordination and Cooperation

10 Inequality or Strategic Uncertainty? An Experimental Study on Incentives and Hierarchy / Dunia Lopez-Pintado, Giovanni Ponti, Eyal Winter 235

11 Alternating Cooperation Strategies in a Route Choice Game: Theory, Experiments and Effects of a Learning Scenario / Hans-Ulrich Stark, Dirk Helbing, Martin Schonhof, Janusz A. Holyst 256

12 Cooperation as Self-Interested Reciprocity in the Centipede / Francesco Farina, Patrizia Sbriglia 274.

Notes:

Includes bibliographical references and index.

ISBN:

9780230520813

0230520812

OCLC:

144227176