Game theory is central to modern understandings of how people deal with problems of coordination and cooperation. Yet, ironically, it cannot give a straightforward explanation of some of the simplest forms of human coordination and cooperation--most famously, that people can use the apparently...

The social world is often portrayed as being less predictable and more uncertain than the nonsocial world. People may therefore feel the need to search more for information before making a choice. However, we suggest that cognitive tools such as social projection and norm-based expectation may...

This paper investigates a timing game in a mixed duopoly, whereby a relatively inefficient state-owned firm maximizing the linear combination of its profit and social welfare competes against a relatively efficient, profit-maximizing private firm over the timing of entry. We find that the...

"This book is refreshing, innovative and important for several reasons. Perhaps most importantly, it attempts to reconcile game theory with one-person decision theory by viewing a game as a collection of one-person decision problems. As natural as this approach may seem, it is hard to find game...

Daß die Spieltheorie auf die Realität nicht völlig oder nicht direkt anwendbar ist, ist bekannt. Es wird nicht nur von Skeptikern betont, sondern auch von Spieltheoretikern regelmäßig mindestens eingeräumt. "Nicht völlig" oder "nicht direkt" ist nicht dasselbe wie "überhaupt nicht" -...