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Understanding Strategic Interaction - Essays in Honor of Reinhard Selten (Paperback, Softcover reprint of the original 1st ed. 1997)
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Understanding Strategic Interaction - Essays in Honor of Reinhard Selten (Paperback, Softcover reprint of the original 1st ed. 1997)
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Strategic interaction occurs whenever it depends on others what one
finally obtains: on markets, in firms, in politics etc. Game
theorists analyse such interaction normatively, using numerous
different methods. The rationalistic approach assumes perfect
rationality whereas behavioral theories take into account cognitive
limitations of human decision makers. In the animal kingdom one
usually refers to evolutionary forces when explaining social
interaction. The volume contains innovative contributions, surveys
of previous work and two interviews which shed new light on these
important topics of the research agenda. The contributions come
from highly regarded researchers from all over the world who like
to express in this way their intellectual inspiration by the
Nobel-laureate Reinhard Selten.
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