Book
Two  MIT economists  show  how  game theory—the ultimate theory of rationality—explains irrational behavior     We like to think of ourselves as rational. This idea is the foundation for classical economic analysis of human behavior, including the awesome achievements of game theory. But as behavior...

Two  MIT economists  show  how  game theory—the ultimate theory of rationality—explains irrational behavior    

We like to think of ourselves as rational. This idea is the foundation for classical economic analysis of human behavior, including the awesome achievements of game theory. But as behavioral economics shows, most behavior doesn’t seem rational at all—which, unfortunately, casts doubt on game theory’s real-world credibility.  

In Hidden Games, Moshe Hoffman and Erez Yoeli find a surprising middle ground between the hyperrationality of classical economics and the hyper-irrationality of behavioral economics. They call it hidden games. Reviving game theory, Hoffman and Yoeli use it to explain our most puzzling behavior, from the mechanics of Stockholm syndrome and internalized misogyny to why we help strangers and have a sense of fairness.  

Fun and powerfully insightful, Hidden Games is an eye-opening argument for using game theory to explain all the irrational things we think, feel, and do.

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Number of Pages: 368

ISBN: 1541619471

ISBN-13: 9781541619470


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Wicked flattered to be in this rarefied company of blurbers, and thrilled to help spread the word about this geeky-great book. Which you should order now if you're interested in our weird and wonderful species. @erezyoeli @Moshe_Hoffman

Just finished up chatting with @erezyoeli and @Moshe_Hoffman about their phenomenal new book Hidden Games: The Surprising Power of Game Theory to Explain Irrational Human Behavior Grab a copy if you haven't yet and stay tuned for the episode!