Advances in Understanding Strategic Behaviour

1. Front Matter

   Pages i-xvii

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2. Boundedly Rational Qualitative Reasoning on Comparative Statics

   • Reinhard Selten

   Pages 1-8

3. Complexity Constraints and Adaptive Learning: An Example

   • Tilman Börgers, Antonio J. Morales

   Pages 9-27

4. Vengefulness Evolves in Small Groups

   • Daniel Friedman, Nirvikar Singh

   Pages 28-54

5. Network Formation and Co-ordination Games

   • Siegfried K. Berninghaus, Bodo Vogt

   Pages 55-72

6. Specific Skills, Imperfect Information and Job Rationing

   • Helmut Bester

   Pages 73-84

7. Testing Game Theory

   • Jörgen W. Weibull

   Pages 85-104

8. A Dialogue Concerning the Nature of Rationality

   • Hartmut Kliemt, Axel Ockenfels

   Pages 105-119

9. Behavioural Game Theory: Thinking, Learning and Teaching

   • Colin F. Camerer, Teck-Hua Ho, Juin Kuan Chong

   Pages 120-180

10. Double Auction Markets with Stochastic Supply and Demand Schedules: Call Markets and Continuous Auction Trading Mechanisms

    • John H. Kagel

    Pages 181-208

11. Multistage Sealed-bid κ-Double-Auctions: An Experimental Study of Bilateral Bargaining

    • James E. Parco, Amnon Rapoport, Darryl A. Seale, William E. Stein, Rami Zwick

    Pages 209-234

12. The Role of Learning in Arbitration: An Exploratory Experiment

    • Gary E. Bolton, Elena Katok

    Pages 235-257

13. Communication and Co-operation in a Common-Pool Resource Dilemma: A Field Experiment

    • Juan-Camilo Cardenas, T. K. Ahn, Elinor Ostrom

    Pages 258-286

14. Price Competition: The Role of Gender and Education

    • Martin Dufwenberg, Uri Gneezy, Aldo Rustichini

    Pages 287-297

15. Parity, Sympathy and Reciprocity

    • Werner Güth, Menahem E. Yaari

    Pages 298-313

16. Fairness in Stackelberg Games

    • Steffen Huck, Manfred Königstein, Wieland Müller

    Pages 314-323

17. Learning from (and in) the Ultimatum Game: An Interview with Alvin E. Roth

    • Steffen Huck

    Pages 324-331

18. Back Matter

    Pages 332-341

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This volume contains sixteen original articles documenting recent progress in understanding strategic behaviour. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioural game theory, bounded rationality and economic psychology to experimental economics. There are plenty of new models and insights but the book also illustrates the boundaries of what we know today and explains the frontiers of tomorrow. The articles were written in honour of Werner Güth.

• bounded rationality
• economics
• experimental economics
• game theory

• Professor of Economics, University College London, UK

  Steffen Huck

T. K. AHN Florida State University, USA HELMUT BESTER Free University of Berlin, Germany SIEGFRIED K. BERNINGHAUS University of Karlsruhe, Germany GARY BOLTON Penn State University, USA TILMAN BÖRGERS University College London, UK COLIN F. CAMERER California Institute of Technology, USA JUAN-CAMILO CARDENAS Universidad de Los Andes, Bogota MARTIN DUFWENBERG University of Arizona, USA DANIEL FRIEDMAN University of California Santa Cruz, USA URI GNEEZY University of Chicago, USA WERNER GÜTH Max Planck Institute for Research into Economic Systems, Germany TECK-HUA HO University of California Berkeley, USA JOHN H. KAGEL Ohio State University, USA ELENA KATOK Penn State University, USA HARTMUT KLIEMT Gerhard Mercator University, Duisburg, Germany MANFRED KÖNIGSTEIN University of Erfurt, Germany JUIN KUAN CHONG National University of Singapore, Singapore ANTONIO J. MORALES University of Malaga, Spain WIELAND MÜLLER Tilburg University, The Netherlands AXEL OCKENFELS University of Cologne, Germany EILINOR OSTROM Indiana University, USA JAMES E. PARCO United States Air Force Academy, USA AMNON RAPOPORT University of Arizona, USA ALVIN E. ROTH Harvard University, USA ALDO RUSTICHINI University of Minnesota, USA DARRYL A. SEALE University of Nevada, USA REINHARD SELTEN University of Bonn, Germany NIRVIKAR SINGH University of California Santa Cruz, USA WILLIAM E. STEIN Texas A&M University, USA BODO VOGT University of Magdeburg, Germany JÖRGEN WEIBULL Boston University, USA MENAHEM E. YAARI Hebrew University, Israel RAMI ZWICK Hong Kong University of Science and Technology, Hong Kong

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