Game theory and political economics. -(Behavioral economics ; part 2)
- Game theory is the study of how people behave in strategic situatons. By "strategic" we mean a situation in which each person, when deciding what actions to take, must consider how others might respond to that action. Like other fields in economics, game theory consists of a collection of models. The understanding that game-theoretic models give is particularly relevant in the social, political, and economic areas.
Author of HS Reutlingen | Herzog, Bodo |
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Publisher: | Europäische Fernhochschule Hamburg |
Place of publication: | Hamburg |
Document Type: | Book |
Language: | English |
Year of Publication: | 2012 |
Page Number: | 91 |
PPN: | Im Katalog der Hochschule Reutlingen ansehen |
DDC classes: | 330 Wirtschaft |
Open Access?: | Nein |