Game theory itself is pure mathematics and has nothing to do with psychology, but~~~
Colin Kemmerer's "Behavioral Game" is one of the best in this field. A major achievement. This book covers a wide range of topics, and the author himself is the perfect choice to write it. The author has a deep understanding of both psychology and economics, and he takes pains to "explain" hundreds of complex ideas that have been mathematically and physically transformed. What is even more valuable is that the author has a positive attitude towards building models, conducting experiments, using econometrics and other research methods. If this book can provide readers with an open and systematic understanding of the entirety of behavioral game theory, then that alone will prove its value.
——David G. Pearce, Yale University
This is a very good book, no matter how high it is, it cannot be overrated. . This book not only covers a large number of conclusions, but is also farsighted in research methods. It also inserts many relevant and interesting examples throughout the book. ——Jon Elster, Columbia University
This book is rich in literature, including a large number of experimental and theoretical research on multi-person strategic interaction from the aspects of psychology and economics. Summary and synthesis make game theory a theory that accepts more empirical evidence and is more suitable for application. For advanced undergraduate and graduate students, Kemmerer's work can serve as an excellent textbook or supplementary reading for courses in game theory and experimental economics. ——Vincent Crawford, University of California
Behavioral economics has become increasingly well known and attracts more attention in economics and social sciences. Behavioral economics integrates behavioral features from economic models with features of goals and beliefs from sociology and psychology in a completely new way. In this way, it is more suitable for analyzing related issues such as tax policy, income redistribution, auctions, crime and drugs. In this outstanding book, the author brings his deep and rich knowledge to behavioral economics' explanation of strategic interactions, thereby enriching the field. This book will guide academics, graduate students, and young social scientists into this growing and exciting field of research. ——Herbert Gintis, Santa Fe Institute, University of Massachusetts
[Edit this paragraph] Introduction
Game theory, as an approach to strategy selection Standardization research began in the 1940s by examining how emotionless "geniuses" should behave in games. However, this method ignores how the general group with emotions and limited foresight will act in the game. This issue has not been mentioned until recent years. This book is the first meaningful attempt to remedy this shortcoming. Colin Kemmerer is one of the leaders in the field, using psychological principles and hundreds of experimental studies to develop mathematical theories of reciprocal behavior, limited strategic choices, and learning processes that help infer How real-world individuals or groups would behave under various strategic conditions. The author absorbs a large number of cutting-edge results on strategic behavior, making the experimental science of behavioral economics an important step forward. The author writes fluently and the language is plain and easy to understand.
Three aspects of behavioral games are clearly emphasized in this book: one is the mathematical theory about how moral responsibility and revenge psychology affect people's bargaining and mutual trust; the other is about the human brain. Finiteness is the theory of how to constrain a person's reasoning step "I think he will think..."; the third is the theory of how people optimize strategy selection through experience learning. Examples of strategic interactions that can be explained through behavioral game theory include bargaining, cheating in poker and sports, strikes, the way custom (or routine) coordinates joint action, price competition and competition for patents, and in business activities. or the establishment of personal credibility in daily life.
There are many books that introduce standard game theory, which assumes that idealized rational actors participate in games. The starting point of this book is unique. It integrates experimental results and psychology into the standard theory of strategic behavior. Whether you are a professional economist, or a scholar or student in economics, management, psychology, political science, anthropology, or biology, if you want a more comprehensive understanding of strategic thinking, you will find this book a useful read. Extremely necessary.