Hidden games
the surprising power of game theory to explain irrational human behavior
- ISBN: 9781529376838
- Editorial: Basic Books
- Fecha de la edición: 2022
- Lugar de la edición: London. Reino Unido
- Encuadernación: Rústica
- Medidas: 24 cm
- Nº Pág.: 368
- Idiomas: Inglés
How game theory - the ultimate theory of rationality - explains irrational behaviour.
In Hidden Games, MIT economists Moshe Hoffman and Erez Yoeli find a surprising middle ground between the hyperrationality of classical economics and the hyper-irrationality of behavioural economics. They call it hidden games. Reviving game theory, Hoffman and Yoeli use it to explain our most puzzling behaviour, from the mechanics of Stockholm syndrome and internalised 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 and will change how you think forever.
Three distinctions
Sex Ratios: The gold standard for using game theory
Hawk-Dove and Rights
Costly Signaling and Aesthetics
Buried Signals and Modest
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?
