A simple model of marriage and divorce predicts that no marriages occur. Yet, in real life, people marry all the time in seemingly similar situations. This discordance is explained using psychological game theory. An emotional guilt effect is explicitly modeled and multiple belief-dependent...

Experimental evidence appears to contradict traditional game theory predictions in numerous settings. Although a solid basis for characterizing equilibria, game theory needed to – and to some extent did – go through some major developments and transgress the barriers between different social...

Experimental evidence appears to contradict traditional game theory predictions in numerous settings. Although a solid basis for characterizing equilibria, game theory needed to – and to some extent did – go through some major developments and transgress the barriers between different social...