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Behavioral game theory. Behavioral game theory seeks to examine how people's strategic decision-making behavior is shaped by social preferences, social utility and other psychological factors. [1] Behavioral game theory analyzes interactive strategic decisions and behavior using the methods of game theory, [2] experimental economics, and ...
1629708. Theory of Games and Economic Behavior, published in 1944 [1] by Princeton University Press, is a book by mathematician John von Neumann and economist Oskar Morgenstern which is considered the groundbreaking text that created the interdisciplinary research field of game theory. [2][3][4] In the introduction of its 60th anniversary ...
Public choice, or public choice theory, is "the use of economic tools to deal with traditional problems of political science." [1] It includes the study of political behavior. In political science, it is the subset of positive political theory that studies self-interested agents (voters, politicians, bureaucrats) and their interactions, which ...
James D. Morrow (born April 12, 1957) is the A.F.K. Organski Collegiate Professor of World Politics at the University of Michigan and a member of the American Academy of Arts and Sciences, best known for his pioneering work in noncooperative game theory and selectorate theory.
Strategy. Game theory is the study of mathematical models of strategic interactions. [1] It has applications in many fields of social science, and is used extensively in economics, logic, systems science and computer science. [2] Initially, game theory addressed two-person zero-sum games, in which a participant's gains or losses are exactly ...
Prisoner's dilemma. The prisoner's dilemma is a game theory thought experiment involving two rational agents, each of whom can either cooperate for mutual benefit or betray their partner ("defect") for individual gain. The dilemma arises from the fact that while defecting is rational for each agent, cooperation yields a higher payoff for each.
The philosophy of human rights attempts to examine the underlying basis of the concept of human rights and critically looks at its content and justification. Several theoretical approaches have been advanced to explain how and why the concept of human rights developed. One of the oldest Western philosophies on human rights is that they are a ...
David Gauthier FRSC (/ ˈɡɔːtieɪ /; 10 September 1932 – 9 November 2023) was a Canadian philosopher best known for his neo- Hobbesian or contractarian theory of morality, as developed in his 1986 book Morals by Agreement.