Strategic thinking : experimental investigation and economic theory

Strategic interaction has traditionally been modelled in economics with game theoretic equilibrium models. In these models, strategies constitute best responses to beliefs that are consistent with other players' strategies. While this consistency is realistic in settings familiar to the players...

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Bibliographic Details
Main Author: Penczynski, Stefan Peter
Published: London School of Economics and Political Science (University of London) 2009
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.645854