Behavioral Game Theory: Experiments in Strategic Interaction

by Colin F. Camerer
Behavioral Game Theory: Experiments in Strategic Interaction cover
Good Books rating 4.42
Business and Economics
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  • ID: 6295
  • Added: 2025-11-09
  • Updated: 2025-11-09
  • ISBN: 9781400840885
  • Publisher: Princeton University Press
  • Published: 2011-09-05
  • Reviews: 3

Behavioral Game Theory bridges the gap between traditional game theory and real-world strategic behavior, incorporating psychological principles and experimental evidence. It introduces mathematical theories of reciprocity, limited strategizing, and learning to explain how people and companies make decisions in strategic situations. The book covers a wide range of interactions, from bargaining and bluffing to reputation building, offering a comprehensive approach to understanding strategic thinking. /n/n Written by Colin Camerer, a leading figure in the field, this book provides lucid and friendly prose that makes complex theories accessible. It stands out by integrating experimental evidence and psychology into a mathematical framework, making it essential reading for professionals and scholars in economics, management, psychology, and beyond.

Reviews
Academia.edu · 2025-11-09
innovative 4.75

The book is celebrated for its innovative approach to game theory, blending psychological insights with experimental data. It is seen as a groundbreaking work in the field.

This review on Academia.edu celebrates the book's innovative approach to game theory, blending psychological insights with experimental data. The reviewer highlights the book's groundbreaking contributions to the field, noting that it challenges traditional assumptions and offers new perspectives on strategic interactions. They appreciate the depth of the research and the clarity of the presentation, making it accessible to both academics and practitioners. The reviewer concludes that the book is a must-read for anyone interested in the intersection of psychology and game theory.

Quick quotes

    An innovative approach to game theory, blending psychological insights with experimental data.

    A groundbreaking work in the field that challenges traditional assumptions.

    The depth of the research and the clarity of the presentation make it accessible to both academics and practitioners.

JSTOR · Gary E. Bolton · 2025-11-09
comprehensive 4.00

The reviewer finds the book to be a comprehensive and insightful exploration of behavioral game theory. They appreciate the integration of psychological principles with mathematical models.

Gary E. Bolton provides a detailed review of the book, highlighting its comprehensive approach to behavioral game theory. They particularly appreciate how the author integrates psychological principles with mathematical models to create a cohesive framework for understanding strategic interactions. Bolton notes that the book's experiments are well-designed and provide valuable insights into human behavior in strategic situations. They conclude that the book is a must-read for anyone interested in the field.

Quick quotes

    A comprehensive and insightful exploration of behavioral game theory.

    The integration of psychological principles with mathematical models is particularly noteworthy.

    The book's experiments are well-designed and provide valuable insights into human behavior in strategic situations.

Wiley Online Library · 2004-05-06
outstanding 4.50

The book is praised as a convincing piece of evidence that behavioral research is not merely a passing trend. It is seen as a significant contribution to the field of game theory.

This review highlights the book's importance in the field of game theory, emphasizing its role in demonstrating the value of behavioral research. The reviewer notes that the book's experiments and psychological principles provide a robust foundation for understanding strategic interactions. They appreciate the depth and breadth of the research presented, making it a compelling read for anyone interested in the intersection of psychology and game theory.

Quick quotes

    Colin Camerer's outstanding book should be convincing evidence to even the most sceptical that behavioural research is not simply a passing trend.

    The book's experiments and psychological principles provide a robust foundation for understanding strategic interactions.

    A significant contribution to the field of game theory.

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