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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.

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Author of HS ReutlingenHerzog, Bodo
Publisher:Europäische Fernhochschule Hamburg
Place of publication:Hamburg
Document Type:Book
Publication year:2012
Page Number:91
PPN:Im Katalog der Hochschule Reutlingen ansehen
DDC classes:330 Wirtschaft
Open access?:Nein