"Colin Camerer's "Behavioral Game Theory" fills an important niche
in the literature. It brings together and synthesizes a large body
of experimental and theoretical work on multi-person interactions,
in psychology as well as economics. The result is a theory of games
enriched by empirical knowledge and significantly closer to what is
needed for applications. Camerer's book will make an outstanding
principal or supplementary text for graduate or advanced
undergraduate courses in game theory and experimental
economics."--Vincent Crawford, University of California, San Diego
"Behavioral economics has become very popular and of growing
interest both within economics and in social science more
generally. It integrates the rational maximizing behavior
characteristic of economic models with objectives and beliefs
characteristic of sociology and psychology in new and useful ways.
Thus, it is increasingly relevant in framing issues such as tax
policy, income redistribution, auctions, crime, and drug addiction.
In this excellent and welcome work, "Behavioral Game Theory," Colin
Camerer brings his impressive breadth of knowledge to bear on the
behavioral economics of strategic interaction, and thus on the
field itself. This book will induce scholars, graduate students,
and young social scientists alike to work in this burgeoning and
exciting area of intellectual pursuit."--Herbert Gintis, University
of Massachusetts and the Santa Fe Institute
"Colin Camerer's "Behavioral Game Theory" is a major
achievement. Nothing like it is available thus far, and the author
is uniquely qualified to have written it. He has an impressive
understanding of both psychology and economics. He has taken
thetrouble to 'talk through' hundreds of tricky arguments that
elsewhere just get stated mathematically. Rarer still is his
positive attitude toward modeling, experimentation, econometrics,
and other methodologies. If his book invests others with the same
open-minded, synergistic outlook, that alone would make it
worthwhile."--David G. Pearce, Yale University
"This is a terrific book. I cannot recommend it highly enough.
In addition to its substantive findings, it contains a wealth of
wise methodological insights, generously sprinkled with relevant
and stimulating anecdotes."--Jon Elster, Columbia University
"Behavioral economics has won whatever intellectual war was
fought. It has won in the sense that it has been shown to be
superior to the conventional alternatives wherever there has been
an evidentiary contest. In a deeper sense, however, there was no
war-simply standard science, in which the current generation of
scholars builds on and expands the work of previous generations.
The work of implementing these advances has only begun. This book
explains the nature of the advances to those in economics who were
locked away in their workshops while the intellectual contest was
being waged and may be unaware of what has happened."--Henry J.
Aaron, The Brookings Institution
"It is certainly time that a book such as this be published.
This volume will be a 'one-stop shop' for learning about behavioral
economics and is likely to be adopted in graduate course in
behavioral economics (and may even encourage people to offer such a
course). The introductory chapter does a good job of explaining the
enterprise, behavioral economics, and providing some history and
context."--Linda Babcock, Carnegie Mellon University, coauthor of
"Women Don't Ask"
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