Behavioural game theory is the most important recent development of standard game theory, and its applications regard several fields of research, ranging from e

This is a paperback edition of a major contribution to the field, first published in hard covers in 1977. The book outlines a general theory of rational behavio

This volume contains sixteen original articles documenting recent progress in understanding strategic behaviour. In their variety they reflect an entire spectru

Two MIT economists show how game theory—the ultimate theory of rationality—explains irrational behavior We like to think of ourselves as rational. This idea

How do interacting decision-makers make strategic choices? If they’re rational and can somehow predict each other’s behavior, they may find themselves in a