Describe the main tenets of the standard model of strategic interaction. Discuss three examples that, according to behavioral economics, are at odds with the standard game theory.
Describe the main tenets of the standard model of strategic interaction. Discuss three examples that, according to behavioral economics, are at odds with the standard game theory. One of the examples has to analyze the role of incentives. Describe the main tenets of the standard model of strategic interaction. Discuss three examples that, according to […]