Advances in Understanding Strategic Behaviour: Game Theory, Experiments and Bounded Rationality

by S. Huck (Editor)

Overview

This volume contains sixteen original articles documenting recent progress in understanding strategic behaviour. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioural game theory, bounded rationality and economic psychology to experimental economics. There are plenty of new models and insights but the book also illustrates the boundaries of what we know today and explains the frontiers of tomorrow. The articles were written in honour of Werner Güth.

Product Details

ISBN-13:	9781403941671
Publisher:	Palgrave Macmillan UK
Publication date:	10/29/2004
Edition description:	2004
Pages:	341
Product dimensions:	5.51(w) x 8.50(h) x 0.03(d)

About the Author

T. K. AHN Florida State University, USA HELMUT BESTER Free University of Berlin, Germany SIEGFRIED K. BERNINGHAUS University of Karlsruhe, Germany GARY BOLTON Penn State University, USA TILMAN BÖRGERS University College London, UK COLIN F. CAMERER California Institute of Technology, USA JUAN-CAMILO CARDENAS Universidad de Los Andes, Bogota MARTIN DUFWENBERG University of Arizona, USA DANIEL FRIEDMAN University of California Santa Cruz, USA URI GNEEZY University of Chicago, USA WERNER GÜTH Max Planck Institute for Research into Economic Systems, Germany TECK-HUA HO University of California Berkeley, USA JOHN H. KAGEL Ohio State University, USA ELENA KATOK Penn State University, USA HARTMUT KLIEMT Gerhard Mercator University, Duisburg, Germany MANFRED KÖNIGSTEIN University of Erfurt, Germany JUIN KUAN CHONG National University of Singapore, Singapore ANTONIO J. MORALES University of Malaga, Spain WIELAND MÜLLER Tilburg University, The Netherlands AXEL OCKENFELS University of Cologne, Germany EILINOR OSTROM Indiana University, USA JAMES E. PARCO United States Air Force Academy, USA AMNON RAPOPORT University of Arizona, USA ALVIN E. ROTH Harvard University, USA ALDO RUSTICHINI University of Minnesota, USA DARRYL A. SEALE University of Nevada, USA REINHARD SELTEN University of Bonn, Germany NIRVIKAR SINGH University of California Santa Cruz, USA WILLIAM E. STEIN Texas A&M University, USA BODO VOGT University of Magdeburg, Germany JÖRGEN WEIBULLBoston University, USA MENAHEM E. YAARI Hebrew University, Israel RAMI ZWICK Hong Kong University of Science and Technology, Hong Kong

Table of Contents

Boundedly Rational Qualitative Reasoning in Comparative Statics; R.Selten Complexity Constraints and Adaptive Learning: An Example; T.Börgers & A.J.Morales Vengefulness Evolves in Small Groups; D.Friedman & N.Singh Network Formation and Coordination Games; S.K.Berninghaus & B.Vogt Specific Skills, Imperfect Information and Job Rationing; H.Bester Testing Game Theory; J.Weibull A Dialogue Concerning the Nature of Rationality; H. Kliemt & Axel Ockenfels Behavioral Game Theory: Thinking, Learning, and Teaching; C. F.Camerer, T-H.Ho & J.Kuan Chong Double Auction Markets with Shastic Supply and Demand Schedules: Call Markets and Continuous Auction Trading Mechanisms; J.H.Kagel Multistage Sealed-bid K-double Auctions: An Experimental Study of Bilateral Bargaining; J.E.Parco, A.Rapoport, D. A.Seale, W.E.Stein & R.Zwick The Role of Arbitration in Bargaining; G.E.Bolton & E.Katok Communication and Cooperation in a Common-Pool Resource Dilemma: A Field Experiment; J-C.Cardenas, T.K.Ahn & E.Ostrom Price Competition: The Role of Gender and Education; M.Dufwenberg, U.Gneezy & A.Rustichini Parity, Sympathy, and Reciprocity; W.Güth & M.E.Yaari Fairness and Greed in Stackelberg Games; S.Huck, M.Königstein & W.Müller Learning from (and in) the Ultimatum Game: An Interview with Alvin E. Roth; S.Huck