game. As we argue here, chaos provides an important self-consistency condition for determining when adaptive players will …

his or her prediction of the opponentsÕ strategies. We demonstrate that there is an inherent tension between rationality …

Rationality is a complex behavioral theory that can be parsed into statements about preferences, perceptions, and … process. This paper looks at the evidence on rationality that is provided by behavioral experiments, and argues that most …, or through errors in process that lead to formulation of choice problems as cognitive tasks that are inconsistent at …