neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction … and self-interest versus altruism. …

Models to the issue of altruism which rely on externalities of well-being are rarely used explicitly. In this paper we … compare such utility-based approaches with the standard approach on altruism which is based on externalities of income …

maximizes the probability for a correct inference in many decision environments and that it is therefore adaptive to use it …

Making use of and following substantive rationality is a costly and not always feasible option. In games, this option … play an underlying game in which the alternatives are to follow either substantive rationality or a different rule, here … underlying game can have more than one equilibrium. Substantive rationality in the underlying game can justify behaviour which is …

equilibrium in beliefs also imply common knowledge of rationality. We then consider beliefs held in games of incomplete …. Whether or not these new conditions imply common knowledge of rationality depends on which formal definition of a Bayesian …

re-examine the question of how much misperception by foreign policy decision-makers is consistent with rationality, in … contended that the behavior of decision-makers is better explained by theories of cognitive or even affective psychology. The … main issue raised by these critics is decision-makers' use of the information available to them, especially information …

Making use of and following substantive rationality is a costly and not always feasible option. In games, this option … play an underlying game in which the alternatives are to follow either substantive rationality or a different rule, here … underlying game can have more than one equilibrium. Substantive rationality in the underlying game can justify behaviour which is …