Overview
Two āÆMIT economistsāÆ show āÆhow āÆgame theoryāthe ultimate theory of rationalityāexplains irrational behaviorāÆāÆĀ Ā
WeĀ like toĀ thinkĀ of ourselves asĀ rational.Ā This ideaĀ isĀ the foundation forĀ classicalĀ economic analysis of human behavior,Ā including the awesome achievements ofĀ game theory.Ā ButĀ as behavioralĀ economicsĀ shows,Ā most behaviorĀ doesnāt seemĀ rational at allāwhich,Ā unfortunately,Ā casts doubt on game theoryās real-worldĀ credibility.Ā Ā
InāÆHidden Games,āÆMoshe Hoffman and Erez YoeliĀ findĀ a surprising middle groundāÆbetween the hyperrationality of classical economics and the hyper-irrationality ofĀ behavioral economics.Ā They callĀ itĀ hidden games.Ā RevivingĀ game theory, Hoffman and YoeliĀ use it toĀ explainĀ ourĀ most puzzlingĀ behavior, fromĀ the mechanics ofĀ StockholmĀ syndromeĀ andĀ internalizedĀ misogynyĀ toĀ why weĀ help strangersĀ andĀ have aĀ sense of fairness.Ā Ā
Fun and powerfully insightful,Ā Hidden GamesāÆis an eye-opening argument for using game theory to explain all theĀ irrationalĀ things weĀ think, feel, andĀ do.
This book title, Hidden Games (The Surprising Power of Game Theory to Explain Irrational Human Behavior), ISBN: 9781541619470, by Erez Yoeli, Moshe Hoffman, published by Basic Books (April 5, 2022) is available in hardcover. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.
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