Hidden Games: The Surprising Power Of Game Theory To Explain Irrational Human Behavior
SKU: SONG1541619471
ISBN : 9781541619470
Condition : Used
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Hidden Games: The Surprising Power of Game Theory to Explain Irrational Human Behavior
Two MIT economists show how game theory-the ultimate theory of rationality-explains irrational behaviorWe 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 doesnt seem rational at all-which, unfortunately, casts doubt on game theorys real-world credibility.InHidden Games,Moshe Hoffman and Erez Yoeli find a surprising middle groundbetween 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 of fairness.Fun and powerfully insightful, Hidden Gamesis an eye-opening argument for using game theory to explain all the irrational things we think, feel, and do.
Specification of Hidden Games: The Surprising Power of Game Theory to Explain Irrational Human Behavior
GENERAL | |
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Author | Hoffman, Moshe |
Binding | hardcover |
Language | english |
ISBN-10 | 1541619471 |
ISBN-13 | 9781541619470 |
Publisher | Basic Books |
Publication Year | 4/5/2022 |
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