Colin? Kemore's behavior game is an important achievement in this field. The content of this book is very extensive, and the author himself is the best person to write this book. The author has a profound understanding of psychology and economics, and he has tirelessly "talked through" hundreds of complicated views that have been mathematically. What is more commendable is that the author has a positive attitude towards establishing models, conducting experiments and using econometrics and other research methods. If this book can make readers form an open and systematic understanding of the whole picture of behavioral game theory, then this alone can prove the value of this book.
David? g？ David pierce, Yale University.
This is an excellent book, no matter how highly praised it is. This book not only covers many conclusions, but also has foresight in research methods, and also inserts many relevant interesting examples. Jon? Jon elster, Columbia University
This book is rich in literary content. A large number of experiments and theoretical studies on multi-person strategic interaction are summarized and synthesized from psychology and economics, making game theory a theory that accepts more empirical evidence and is more suitable for application. For senior undergraduates and graduate students, Kemore's works can be used as the best teaching materials or auxiliary reading materials for game theory and experimental economics courses. Vincent? Vincent Crawford, University of California
Behavioral economics is more and more widely known in economics and social sciences, and has attracted more attention. Behavioral economics integrates the behavioral characteristics in economic models with the characteristics of goals and beliefs in sociology and psychology in a brand-new way. This is more suitable for analyzing tax policy, income redistribution, auction, crime, drugs and other related issues. In this outstanding book, the author integrates his profound and rich knowledge into the explanation of strategic interaction in behavioral economics, thus enriching the content in this field. This book will guide scholars, graduate students and young social scientists to devote themselves to this booming and exciting research field. Herbert? Herbert Quintis, Santa Fe Institute, University of Massachusetts
[Edit this paragraph] Introduction
Game theory, as a standardized study of strategic choice, began in the 1940s, and its method is to investigate how a "genius" without emotion should act in the game. However, this method ignores how the general group with emotional and limited foresight will act in the game, which was not mentioned until recent years. This book is the first meaningful attempt to make up for this defect. Colin? Kemole is one of the leading figures in this field. Using psychological principles and hundreds of experimental studies, he established mathematical and physical theories about reciprocal behavior, limited strategic choice and learning process, which is helpful to infer how individuals or groups in the real world will act under various strategic conditions. The author has absorbed a lot of frontier achievements in strategic behavior research, which has made the experimental science of behavioral economics take an important step forward. The author writes fluently and the language is plain and easy to understand.
This book clearly emphasizes three aspects of behavior game: one is the mathematical theory about how moral responsibility and revenge affect people's bargaining and mutual trust; The second is the theory about how the finiteness of human brain constrains people's reasoning steps "I think he can think …"; The third is the theory about how people can optimize their strategy choices through experiential learning. Some strategic interactions can be explained by behavioral game theory, including bargaining, fraud in cards and sports competitions, strikes, coordination of joint actions in customs (or conventions), price competition and patent competition, and building personal reputation in business activities or daily life.
There are many books introducing standard game theory, and its method is to assume that idealized rational actors participate in the game. But the starting point of this book is unique, integrating experimental results and psychology into the standard strategic behavior theory. Whether you are a professional economist or a scholar and student in the fields of economics, management, psychology, political science, anthropology and biology, you will find it extremely necessary to read this book if you want to understand strategic thinking more comprehensively.