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Classical microeconomics is intended to explain how a price system is able to coordinate the economic agents. But even if it can be extended to incomplete information and externalities, it remains grounded on very heroic assumptions. Agents are endowed with a very strong rationality, equilibrium...
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of humans in groups, drawing on behavioral game theory, psychology, and sociology. He emphasizes how other …
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chosen democratically than when an identical provisional allocation is imposed exogenously. I also develop a theory of …
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can illuminate many aspects of sports, including soccer. Beautiful Game Theory is the first book that uses soccer to test …-Huerta illuminates economics through the world's most popular sport. He offers unique and often startling insights into game theory and … enthusiasts, Beautiful Game Theory is the first book to show what soccer can do for economics. …
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students. Authoritative, cutting edge, yet accessible, it guides the reader through theory and evidence, providing engaging and … -- Behavioral game theory -- Behavioral models of learning -- Emotions -- Bounded rationality -- Behavioral welfare economics …
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students. Authoritative, cutting edge, yet accessible, it guides the reader through theory and evidence, providing engaging and …5 Five theoretical approaches in behavioral economics -- 5.1 A case study of prospect theory -- 5.2 Human sociality and … and Uncertainty -- 1.1 Introduction -- 1.2 The elements of classical decision theory -- 1.2.1 Preference foundations of …
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