Game theory.

@article{Dufwenberg2011GameT,
  title={Game theory.},
  author={Martin A. Dufwenberg},
  journal={Wiley interdisciplinary reviews. Cognitive science},
  year={2011},
  volume={2 2},
  pages={
          167-173
        }
}
  • M. Dufwenberg
  • Published 1 March 2011
  • Psychology
  • Wiley interdisciplinary reviews. Cognitive science
Game theory is a toolkit for examining situations where decision makers influence each other. I discuss the nature of game-theoretic analysis, the history of game theory, why game theory is useful for understanding human psychology, and why game theory has played a key role in the recent explosion of interest in the field of behavioral economics. WIREs Cogni Sci 2011 2 167-173 DOI: 10.1002/wcs.119 For further resources related to this article, please visit the WIREs website. 
View on PubMed
u.arizona.edu
3,880 Citations
Highly Influential Citations
350
Background Citations
1,716
Methods Citations
495
Results Citations
34

3,880 Citations

1 The Development of Game Theory in Economics
We examine the state of game theory. Many important questions have been answered, and game theoretic methods are now central to much economic investigation. We suggest areas where further advances…
Whither game theory? Towards a theory of learning in games
TLDR
It is argued that models of learning are a promising route for improving and widening game theory’s predictive power while preserving the successes of game theory where it already works well.
Game Theory
This paper surveys some recent developments in (non-cooperative) game theory and provides an outlook on the near future of that theory. In particular, attention is focused on the limitations inherent…
Games in the Philosophy of Biology
This is an Element surveying the most important literature using game theory and evolutionary game theory to shed light on questions in the philosophy of biology. There are two branches of literature…
Game theory, the science of strategy
TLDR
This paper makes a simple presentation of strategy games emphasizing their application to management in general, andhematical reasoning is presented descriptively.
Can Game Theory Solve Marketing Problems
Game theory has been used a long time ago in military strategy. In Marketing, game theory can be explained as persuasion element for the organization to consider about which the competitors will…
Game Theory in Strategic Management-Dynamic Games. Theoretical and Practical Examples
TLDR
The real potential of strategic management based on dynamic game theory decisions is explored and it is illustrated that the usefulness and power of game theory applied in strategic management lie in its ability to provide insights on competitive climate and strategies.
PERFORMANCE ANALYSIS OF STRATEGIC FORM OF COOPERATIVE GAME THEORY
TLDR
This paper completely discusses about the performance analysis of strategic form of cooperative game theory and tries to predict what strategies players will choose in equilibrium concept.
A Short Tutorial on Game Theory
Game theory is a collection of analytical tools designed to study a system of self-interested decision-makers in conditions of strategic interaction. This section briefly reviews important…
An Overview on Game Theory and Its Application
This research paper looks into Game Theory while immensely addressing the historical background of this theory. The document also gives an overview and definition of relevant terminologies related to…
...
...

References

SHOWING 1-10 OF 55 REFERENCES
A Course in Game Theory
A Course in Game Theory presents the main ideas of game theory at a level suitable for graduate students and advanced undergraduates, emphasizing the theory's foundations and interpretations of its…
Behavioral Game Theory: Experiments in Strategic Interaction
Game theory, the formalized study of strategy, began in the 1940s by asking how emotionless geniuses should play games, but ignored until recently how average people with emotions and limited…
Non-cooperative games
TLDR
Non-cooperative game models are described and game theoretic solution concepts are discussed, as well as refinements and relaxations of rationalizability and correlated equilibria.
Does seeing more deeply into a game increase one’s chances of winning?
The substantively rational value of the games studied in this paper does not help predict subject performance in the experiment at all. An accurate model must account for the cognitive ability of the…
Games of Strategy
In this chapter we are going to explore games that all have certain similarities: a) They are contests between two players. b) They terminate after a finite number of moves.…
On the Theory of Infinitely Repeated Games with Discounting
This paper presents a systematic framework for studying infinitely-repeated games with discounting, focusing on pure strategy (subgame) perfect equilibria. It introduces a number of concepts whi ch…
Psychological games and sequential rationality
When are Nash equilibria self-enforcing? An experimental analysis
TLDR
The results support an argument put forward by Aumann: agreements to play a Nash equilibrium are fragile when players have a strict preference over their opponent's strategy choice, and it is found that informative communication does not necessarily lead to the Pareto-dominant equilibrium.
Epiphany in the Game of 21
Equilibrium in Strategic Interaction: The Contributions of John C. Harsanyi, John F. Nash and Reinhard Selten.
During the past 15 years or so a "game theoretic revolution of economics" has taken place. Microeconomic theory has been rewritten in the language of a game theory; see Kreps (1 990b).I Publications…
...
...