Hidden games The surprising power of game theory to explain irrational human behavior
Book - 2022
"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 o...f 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.
- Subjects
- Published
-
New York :
Basic Books
2022.
- Language
- English
- Main Author
- Other Authors
- Edition
- First edition
- Physical Description
- v, 360 pages : illustrations ; 25 cm
- Bibliography
- Includes bibliographical references (pages 313-339) and index.
- ISBN
- 9781541619470
9781529376821
9781529376838
- Chapter 1. Introduction
- Chapter 2. Learning
- Chapter 3. Three Useful Distinctions
- Chapter 4. Sex Ratios: The Gold Standard of Game Theory
- Chapter 5. Hawk-Dove and Rights
- Chapter 6. Costly Signaling and Aesthetics
- Chapter 7. Buried Signals and Modesty
- Chapter 8. Evidence Games and Spin
- Chapter 9. Motivated Reasoning
- Chapter 10. The Repeated Prisoner's Dilemma and Altruism
- Chapter 11. Norm Enforcement
- Chapter 12. Categorical Norms
- Chapter 13. Higher-Order Beliefs
- Chapter 14. Subgame Perfection and Justice
- Chapter 15. The Hidden Role of Primary Rewards
- Acknowledgments
- Notes
- Index