3min chapter

New Books in Mathematics cover image

Jeffrey Carpenter and Andrea Robbett, "Game Theory and Behavior" (MIT Press, 2022)

New Books in Mathematics

CHAPTER

Game Theory and Behavior

Game theory is more applicable to the standard student undergrad than maybe the micro theory. It's almost like you're interacting with a bunch of atoms that randomly bump into you sometimes, but there's no meaningful interactions. When it's time to actually think hard about something, it's actually fitting in an option in a market or something like that to clear a market. That takes more cognition.

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