Skip to Content

Game Theory and Behavioural Economics

By Gisèle Umbhauer, Paul Pezanis-Christou

Routledge – 2013 – 304 pages

Series: Routledge Advanced Texts in Economics and Finance

Purchasing Options:

  • Paperback: $70.00
    978-0-415-60422-2
    September 30th 2015
    Not yet available
  • Hardback: $192.00
    978-0-415-60421-5
    October 1st 2015
    Not yet available

Description

Experimental Game Theory is the first textbook to introduce the main concepts of game theory and to confront them with experimental evidence. This applied, real world approach will help students understand how game theory is and can be brought to bear on real world decision making.

Topics are presented in a user-friendly interactive way involving a dialogue between the two editors. This approach, along with a supporting website containing online applications will help stimulate strategic thinking on the part of the student. As well as the main concepts, newer theories from behavioural economics including best reply matching, action sampling and analogy based expectations will also be shown in action. The result is a textbook that properly integrates current thinking in this pivotal area of the social sciences.

Contents

1. The Structure of a Game 2. Dominated Strategies 3. Nash Equilibrium 4. Backward Induction and Repeated Games 5. Trembles in a Game 6. Solving a Game Differently

Author Bio

Gisèle Umbhauer is Associate Professor at the University of Strasbourg, France. She is the co-editor of The Economics of Networks (Springer, 1998)

Paul Pezanis-Christou is Associate Professor at the University of Strasbourg, France. His paper, Organisational structure, communication and group ethics (with Matthew Ellman), is forthcoming in American Economic Review.

Name: Game Theory and Behavioural Economics (Hardback)Routledge 
Description: By Gisèle Umbhauer, Paul Pezanis-Christou. Experimental Game Theory is the first textbook to introduce the main concepts of game theory and to confront them with experimental evidence. This applied, real world approach will help students understand how game theory is and can be brought to bear on...
Categories: Game Theory Economics, Economic Psychology, Economic Theory & Philosophy, Microeconomics, Applied Mathematics