of decision made. An application of prospect theory was presented as a mathematical instrument to describe functional … prospect theory regarding shadow activity with an allowance for punishment risk was given in the article. Verification of the …-making heuristics and determining agents' cooperation were revealed (opportunity to be jointly involved in shadow activity, coordination …

The emergence of heuristics, sophisticated behavior—such as higher levels of Theory of Mind—and substantive rationality … in strategic situations can be studied using evolutionary game theory to jointly account for the interactions between … the behavioral game theory literature that people use bounded-rational strategies, rather than the normative prescription …