Game Theory And Experimental Games
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Game Theory and Experimental Games
Game Theory and Experimental Games: The Study of Strategic Interaction is a critical survey of the essential ideas of game theory and the findings of empirical research on strategic interaction. Some experiments using lifelike simulations of familiar kinds of strategic interactions are presented, and applications of game theory to the study of voting, the theory of evolution, and moral philosophy are discussed. Comprised of 13 chapters, this volume begins with an informal definition of game theory and an outline of the types of social situations to which it applies. Games of skill, games of chance, and games of strategy are considered. Games of strategy are further subdivided into coordination, zero-sum, and mixed-motive varieties. Subsequent chapters deal with one-person games in which a solitary decision maker is pitted against Nature; the competitive nature of two-person, zero-sum games; the relationship between game theory and experimental games; and the mixed-motive character of variable-sum games that generate intrapersonal and interpersonal conflicts. Experiments with prisoner's dilemma as well as coalition, auction, and social dilemma games are also considered. Finally, some applications of game theory are described. This book is designed for advanced undergraduates, graduate students, and relevant practitioners in social psychology, sociology, economics, and politics, and in some cases for a rather broader public.
Game Theory and Experimental Games
Game Theory and Experimental Games: The Study of Strategic Interaction focuses on the development of game theory, taking into consideration empirical research, theoretical formulations, and research procedures involved. The book proceeds with a discussion on the theory of one-person games. The individual decision that a player makes in these kinds of games is noted as influential as to the outcome of these games. This discussion is followed by a presentation of pure coordination games and minimal situation. The ability of players to anticipate the choices of others to achieve a mutually beneficial outcome is emphasized. A favorable social situation is also influential in these kinds of games. The text moves forward by presenting studies on various kinds of competitive games. The research studies presented are coupled with empirical evidence and discussion designed to support the claims that are pointed out. The book also discusses several kinds of approaches in the study of games. Voting as a way to resolve multi-person games is also emphasized, including voting procedures, the preferences of voters, and voting strategies. The book is a valuable source of data for readers and scholars who are interested in the exploration of game theories.
Game Theory and Its Applications in the Social and Biological Sciences
First Published in 1995. Routledge is an imprint of Taylor & Francis, an informa company.