Title:
Hidden games : the surprising power of game theory to explain irrational human behavior / Moshe Hoffman and Erez Yoeli.
ISBN:
9781541619470
9781529376821
9781529376838
Personal Author:
Edition:
First edition.
Publication Information:
New York : Basic Books, 2022.
Physical Description:
v, 360 pages : illustrations ; 24 cm
Contents:
Introduction -- Learning -- Three distinctions -- Sex Ratios: The gold standard for using game theory -- Hawk-Dove and Rights -- Costly Signaling and Aesthetics -- Buried Signals and Modesty -- Evidence Games and Spin -- Motivated Reasoning -- The repeated Prisoner's Dilemma and Altruism -- Norms -- Categorical Norms -- Higher-Order Beliefs -- Subgame Perfection and Justice -- What's Next?
Summary:
"We like to think of ourselves as rational. This idea is the foundation for classical economic analysis of human behavior, including the awesome achievements of game theory. But as behavioral economics shows, most behavior doesn’t seem rational at all—which, unfortunately, casts doubt on game theory’s real-world credibility. In Hidden Games, Moshe Hoffman and Erez Yoeli find a surprising middle ground between the hyperrationality of classical economics and the hyper-irrationality of behavioral economics. They call it hidden games. Reviving game theory, Hoffman and Yoeli use it to explain our most puzzling behavior, from the mechanics of Stockholm syndrome and internalized misogyny to why we help strangers and have a sense of fairness. Fun and powerfully insightful, Hidden Games is an eye-opening argument for using game theory to explain all the irrational things we think, feel, and do." -- Amazon.com.
Added Author:
OCLC Number:
on1262965404
Availability:
Lakeville - Heritage~1
Rosemount - Robert Trail~1
Eagan - Wescott~1