Behavioral game theory : experiments in strategic interaction /
Colin F. Camerer.
- Princeton, N.J. ; Woodstock : Princeton University Press, c2003.
- xv, 550 p. : ill. ; 24 cm.
- The Roundtable series in behavioral economics .
Published in association with Russell Sage Foundation.
Includes bibliographical references (p. 497-533) and index.
Game theory began in the 1940s by asking how emotionless geniuses should play games, but ignored how average people with limited foresight actually play games. This text develops mathematical theories of reciprocity, limited strategizing and learning, which help predict what people and companies will do.