The future of behavioral game theory

Mind and Society 10 (2):97-102 (2011)
Abstract
Behavioral economics has rejuvenated economic theory and deepened the bonds between economic theory and the other social sciences. Neoclassical economics does not depend on individual preferences being self-regarding. Moreover, in market contexts, laboratory experiments indicate that traditional theory works well. Behavioral economic findings thus enrich and expand neoclassical economics rather than undermining it. In particular, social norms are an emergent property of human sociality, and exist as macrosocial structures that are not reducible to the preferences of individuals. Behavioral economists are not theorists, but rather experimentalists. With few exceptions, they do not provide, nor aim to provide, cogent models for the phenomena they discover. Far from downplaying “inconvenient facts,” as is the practice of traditional economic theory, behavioral economists relish finding novel forms of individual decision-making and strategic behavior
Keywords No keywords specified (fix it)
Categories (categorize this paper)
Options
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
 
Download options
PhilPapers Archive


Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 9,351
External links
  • Through your library Configure
    References found in this work BETA
    Citations of this work BETA

    No citations found.

    Similar books and articles
    R. Sassower (2010). Review Essay: Is Homo Economics Extinct? Philosophy of the Social Sciences 40 (4):603-615.
    Boudewijn de Bruin (2008). Reducible and Nonsensical Uses of Game Theory. Philosophy of the Social Sciences 38 (2):247-266.
    Analytics

    Monthly downloads

    Added to index

    2011-10-11

    Total downloads

    19 ( #74,804 of 1,088,378 )

    Recent downloads (6 months)

    1 ( #69,601 of 1,088,378 )

    How can I increase my downloads?

    My notes
    Sign in to use this feature


    Discussion
    Start a new thread
    Order:
    There  are no threads in this forum
    Nothing in this forum yet.