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Advances in Understanding Strategic Behaviour
This volume contains sixteen original articles documenting recent progress in understanding strategic behavior. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioral game theory, bounded rationality and economic psychology to experimental economics. There are plenty of new models and insights but the book also illustrates the boundaries of what we know today and explains the frontiers of tomorrow.
Bounded Rational Behavior in Experimental Games and Markets
The book reports on recent experimental research on expectations and decision making in bargaining, markets, auctions, or coalition formation situations. The investi- gated topics deliver building stones for a bounded rational theory as an approach to explain behavior and interpersonal interactions in economic and social relationships.
The Sociobiological Imagination
This book presents reports on the uses of sociobiology and general evolutionary theory by members of diverse disciplines: psychiatry, law, management theory, anthropology, economics, primatology, history, political science, ethical philosophy, cognitive psychology, epistemology, socioecology of religion, studies of conflict, Marxist thought, aesthetics, sociology, linguistics, and psychology. The purpose of the book is threefold — to acknowledge the remarkably wide influence of a central idea; to demonstrate that the research of human sociobiology takes place in disparate fields; and to introduce the major principles of sociobiology. There are many surprises to be found in these pages, not least the psychiatrist's new look at anxiety, the management theorist's explanation for the success of Japanese firms, the Soviet philosopher's report on sociobiology in the U. S. S. R., the explanation given for the keeping of harems in ancient kingdoms, and the economist's view as to why people care if a bargain price is really a fair price — all cast in sociobiological terms.
Making Progress
In this volume, noted scholars in economics, government, education, technology, literature, culture, and religion, among other fields, discuss the meaning and measurement of progress in their areas of specialty.
In the Light of Evolution
Humans possess certain unique mental traits. Self-reflection, as well as ethic and aesthetic values, is among them, constituting an essential part of what we call the human condition. The human mental machinery led our species to have a self-awareness but, at the same time, a sense of justice, willing to punish unfair actions even if the consequences of such outrages harm our own interests. Also, we appreciate searching for novelties, listening to music, viewing beautiful pictures, or living in well-designed houses. But why is this so? What is the meaning of our tendency, among other particularities, to defend and share values, to evaluate the rectitude of our actions and the beauty of our s...
Just Exchange
Now, for the first time, there is a comprehensive, eminently readable book designed to focus thinking in the area of contract law. This book bridges the gap between law and economics by confronting normative values that economists too often deem the preserve of moral philosophers. Contract theorists, on the other hand, are seldom in sympathy with economic efficiency norms. While free bargaining continues to be regarded with suspicion by legal scholars who are hostile to private ordering, the proper scope of free bargaining remains in dispute. Combined with a recent renewed interest in this field, these academic tensions mean that the time is right for a reconsideration of contract law. Drawing on scholarship from diverse fields and using illuminating and erudite examples, Just Exchange is entertaining as well as informative. Of interest to economists, lawyers, public policy-makers and those intersted in contract theory, this volume is a valuable overview of a vital intersection between legal studies and economics.
Macromolecular Chemistry—8
Macromolecular Chemistryâ€8 focuses on the molecular configuration of polymers, charge-transfer complexes, polymerization reactions, molecular weight fractionation, and polymer systems. The selection first offers information on molecular configuration in bulk polymers and control of monomer reactivity in copolymerization. Discussions focus on thermodynamic behavior of concentrated polymer solutions; direct measurement of molecular dimensions; and modification of monomer reactivity in radical copolymerization. The book also ponders on non-equimolar compositions from comonomer charge-transfer complexes and preparation of oligomers with functional end groups by polymerization reactions. The ...
A Life of Experimental Economics, Volume II
This sequel to A Life of Experimental Economics, Volume I, continues the intimate history of Vernon Smith’s personal and professional maturation after a dozen years at Purdue. The scene now shifts to twenty-six transformative years at the University of Arizona, then to George Mason University, and his recognition by the Nobel Prize Committee in 2002. The book ends with his most recent decade at Chapman University. At Arizona Vernon and his students studied asset trading markets and learned how wrong it had been to suppose that price bubbles could not occur where markets were full-information transparent. Their work in computerization of the lab facilitated very complex supply and demand ex...
Game Theory: Breakthroughs in Research and Practice
Developments in the use of game theory have impacted multiple fields and created opportunities for new applications. With the ubiquity of these developments, there is an increase in the overall utilization of this approach. Game Theory: Breakthroughs in Research and Practice contains a compendium of the latest academic material on the usage, strategies, and applications for implementing game theory across a variety of industries and fields. Including innovative studies on economics, military strategy, and political science, this multi-volume book is an ideal source for professionals, practitioners, graduate students, academics, and researchers interested in the applications of game theory.
What Price the Moral High Ground?
Financial disasters--and stories of the greedy bankers who precipitated them--seem to underscore the idea that self-interest will always trump concerns for the greater good. Indeed, this idea is supported by the prevailing theories in both economics and evolutionary biology. But is it valid? In What Price the Moral High Ground?, economist and social critic Robert Frank challenges the notion that doing well is accomplished only at the expense of doing good. Frank explores exciting new work in economics, psychology, and biology to argue that honest individuals often succeed, even in highly competitive environments, because their commitment to principle makes them more attractive as trading par...
