Why is Behavioral Game a Game for Economists? : The concept of beliefs in equilibrium

Show full item record



Permalink

http://hdl.handle.net/10138/329695

Citation

Nagatsu , M & Lisciandra , C 2021 , Why is Behavioral Game a Game for Economists? The concept of beliefs in equilibrium . in S Egashira , M Taishido , W Hands & U Mäki (eds) , The genealogy of self-interest in economics . Springer , Singapore , pp. 289-308 . https://doi.org/10.1007/978-981-15-9395-6_17

Title: Why is Behavioral Game a Game for Economists? : The concept of beliefs in equilibrium
Author: Nagatsu, Michiru; Lisciandra, Chiara
Editor: Egashira, Susumu; Taishido, Masanobu; Hands, Wade; Mäki, Uskali
Contributor: University of Helsinki, Practical Philosophy
Publisher: Springer
Date: 2021
Language: eng
Number of pages: 20
Belongs to series: The genealogy of self-interest in economics
ISBN: 978-981-15-9394-9
978-981-15-9397-0
978-981-15-9395-6
URI: http://hdl.handle.net/10138/329695
Abstract: The interdisciplinary exchange between economists and psychologists has so far been more active and fruitful in the modifications of Expected Utility Theory than in those of Game Theory. We argue that this asymmetry may be explained by economists' specific way of doing equilibrium analysis of aggregate-level outcomes in their practice, and by psychologists' reluctance to fully engage with such practice. We focus on the notion of belief that is embedded in economists' practice of equilibrium analysis, more specifically Nash equilibrium, and argue that its difference from the psychological counterpart is one of the factors that makes interdisciplinary exchange in behavioral game theory more difficult.
Subject: 511 Economics
History of economic thought
History of Economics
611 Philosophy
philosophy of science
philosophy of economics
Rights:


Files in this item

Total number of downloads: Loading...

Files Size Format View
Why_is_behavior ... o_Hands_and_M_aki_eds_.pdf 240.5Kb PDF View/Open

This item appears in the following Collection(s)

Show full item record