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Bounds of Reason:Game Theory and the Unification of the Behavioral Sciences (HC)
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Condition:
“(See Photos) The dust jacket has some wear. There is underlining in the preface and chapter 12. The ”... Read moreabout condition
Good
A book that has been read but is in good condition. Very minimal damage to the cover including scuff marks, but no holes or tears. The dust jacket for hard covers may not be included. Binding has minimal wear. The majority of pages are undamaged with minimal creasing or tearing, minimal pencil underlining of text, no highlighting of text, no writing in margins. No missing pages.
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Located in: Naples, New York, United States
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eBay item number:317130243397
Item specifics
- Condition
- Good
- Seller Notes
- Features
- Dust Jacket
- ISBN
- 9780691140520
About this product
Product Identifiers
Publisher
Princeton University Press
ISBN-10
0691140529
ISBN-13
9780691140520
eBay Product ID (ePID)
71688611
Product Key Features
Number of Pages
304 Pages
Publication Name
Bounds of Reason : Game Theory and the Unification of the Behavioral Sciences
Language
English
Publication Year
2009
Subject
Game Theory, Methodology, General, Economics / General, Research
Type
Textbook
Subject Area
Mathematics, Social Science, Psychology, Business & Economics
Format
Hardcover
Dimensions
Item Height
1 in
Item Weight
28 Oz
Item Length
10.4 in
Item Width
7 in
Additional Product Features
Intended Audience
College Audience
LCCN
2008-036522
Dewey Edition
22
TitleLeading
The
Reviews
The book is a combination of an excellent textbook on game theory and an innovation treatise advocating the unification of the behavioural sciences and refounding of game theory on different epistemic foundations. . . . It is clearly an important contribution to the current debate over the rational actor model that the rise of behaviourial economics has provoked. -- Oxonomics, "The book is a combination of an excellent textbook on game theory and an innovation treatise advocating the unification of the behavioural sciences and refounding of game theory on different epistemic foundations. . . . It is clearly an important contribution to the current debate over the rational actor model that the rise of behaviourial economics has provoked." -- Oxonomics, The Bounds of Reason appears as two books in one. One part develops an epistemic theory of the rational actor as an alternative to what is provided by classical game theory, and the other part is a spirited plea to use behavioral game theory as a unifying tool in all behavioral sciences. Both objectives are highly valuable, but combing them both creates friction. Friction creates heat, and Gintis, who thrives gleefully on controversial issues, may be enjoying the prospect of heated discussions. ---Karl Sigmund, American Scientist, "Gintis contributes importantly to a new insight gaining ascendancy: economy is about the unintended consequences of human sociality. This book is firmly in the revolutionary tradition of David Hume (Convention) and Adam Smith (Sympathy)." --Vernon L. Smith, Nobel Prize-winning economist, " The Bounds of Reason appears as two books in one. One part develops an epistemic theory of the rational actor as an alternative to what is provided by classical game theory, and the other part is a spirited plea to use behavioral game theory as a unifying tool in all behavioral sciences. Both objectives are highly valuable, but combing them both creates friction. Friction creates heat, and Gintis, who thrives gleefully on controversial issues, may be enjoying the prospect of heated discussions." --Karl Sigmund, American Scientist, Gintis' work reflects an amazing breadth of knowledge of the behavioural sciences. He is ever ready to pose unusual questions and to defend unorthodox proposals. The Bounds of Reason is Gintis' most ambitious project to date, one that draws upon all of his extraordinary originality and learning., "This is a lucid, intelligent and very important book. . . . [T]his book is highly recommended for its boldness, scope, technical clarity and intellectual stimulation." -- Geoffrey M. Hodgson, Journal of Bioeconomics, "This brave and sweeping book deserves to be widely and carefully read." --Adam Brandenburger, New York University, The book is a combination of an excellent textbook on game theory and an innovation treatise advocating the unification of the behavioural sciences and refounding of game theory on different epistemic foundations. . . . It is clearly an important contribution to the current debate over the rational actor model that the rise of behaviourial economics has provoked., "Herbert Gintis makes a strong case that game theory--by predicting social norms--provides an essential tool for understanding human social behavior. More provocatively, Gintis suggests that humans have a genetic tendency to follow social norms even when it is to their disadvantage. These claims will be controversial--but they make for fascinating reading." --Eric S. Maskin, Nobel Laureate in Economics, The Bounds of Reason appears as two books in one. One part develops an epistemic theory of the rational actor as an alternative to what is provided by classical game theory, and the other part is a spirited plea to use behavioral game theory as a unifying tool in all behavioral sciences. Both objectives are highly valuable, but combing them both creates friction. Friction creates heat, and Gintis, who thrives gleefully on controversial issues, may be enjoying the prospect of heated discussions. -- Karl Sigmund, American Scientist, "Gintis' work reflects an amazing breadth of knowledge of the behavioural sciences. He is ever ready to pose unusual questions and to defend unorthodox proposals. The Bounds of Reason is Gintis' most ambitious project to date, one that draws upon all of his extraordinary originality and learning."-- Peter Vanderschraaf, Journal of Economics and Philosophy, The Bounds of Reason appears as two books in one. One part develops an epistemic theory of the rational actor as an alternative to what is provided by classical game theory, and the other part is a spirited plea to use behavioral game theory as a unifying tool in all behavioral sciences. Both objectives are highly valuable, but combing them both creates friction. Friction creates heat, and Gintis, who thrives gleefully on controversial issues, may be enjoying the prospect of heated discussions., This is a lucid, intelligent and very important book. . . . [T]his book is highly recommended for its boldness, scope, technical clarity and intellectual stimulation. ---Geoffrey M. Hodgson, Journal of Bioeconomics, "The book is a combination of an excellent textbook on game theory and an innovation treatise advocating the unification of the behavioural sciences and refounding of game theory on different epistemic foundations. . . . It is clearly an important contribution to the current debate over the rational actor model that the rise of behaviourial economics has provoked."-- Oxonomics, Gintis' work reflects an amazing breadth of knowledge of the behavioural sciences. He is ever ready to pose unusual questions and to defend unorthodox proposals. The Bounds of Reason is Gintis' most ambitious project to date, one that draws upon all of his extraordinary originality and learning. -- Peter Vanderschraaf, Journal of Economics and Philosophy, "Excellent and stimulating, The Bounds of Reason is broad enough to encompass the central concepts and results in game theory, but discerning enough to omit peripheral developments. The book illustrates deep theoretical results using simple and entertaining examples, makes extensive use of agent-based models and simulation methods, and discusses thorny methodological issues with unusual clarity." --Rajiv Sethi, Barnard College, Columbia University, The Bounds of Reasonappears as two books in one. One part develops an epistemic theory of the rational actor as an alternative to what is provided by classical game theory, and the other part is a spirited plea to use behavioral game theory as a unifying tool in all behavioral sciences. Both objectives are highly valuable, but combing them both creates friction. Friction creates heat, and Gintis, who thrives gleefully on controversial issues, may be enjoying the prospect of heated discussions., " The Bounds of Reason makes a compelling case for game theory but at the same time warns readers that there is life beyond game theory and that all social science cannot be understood by this method alone. This splendid book makes skillful use of figures and algebra, and reads like a charm." --Kaushik Basu, Cornell University, Gintis' work reflects an amazing breadth of knowledge of the behavioural sciences. He is ever ready to pose unusual questions and to defend unorthodox proposals. The Bounds of Reason is Gintis' most ambitious project to date, one that draws upon all of his extraordinary originality and learning. ---Peter Vanderschraaf, Journal of Economics and Philosophy, " The Bounds of Reason appears as two books in one. One part develops an epistemic theory of the rational actor as an alternative to what is provided by classical game theory, and the other part is a spirited plea to use behavioral game theory as a unifying tool in all behavioral sciences. Both objectives are highly valuable, but combing them both creates friction. Friction creates heat, and Gintis, who thrives gleefully on controversial issues, may be enjoying the prospect of heated discussions."-- Karl Sigmund, American Scientist, "Gintis' work reflects an amazing breadth of knowledge of the behavioural sciences. He is ever ready to pose unusual questions and to defend unorthodox proposals. The Bounds of Reason is Gintis' most ambitious project to date, one that draws upon all of his extraordinary originality and learning." --Peter Vanderschraaf, Journal of Economics and Philosophy, "Recent findings in experimental economics have highlighted the need for a rigorous analytical theory of choice and strategic interaction for the social sciences that captures the unexpectedly wide variety of observed behaviors. In this exciting book, Gintis convincingly argues that an empirically informed game-theoretic approach goes a long way toward achieving this attractive goal." --Ernst Fehr, University of Zurich
Illustrated
Yes
Dewey Decimal
519.3
Table Of Content
Preface xiiiChapter 1: Decision Theory and Human Behavior 1 1.1 Beliefs, Preferences, and Constraints 4 1.2 The Meaning of Rational Action 6 1.3 Why Are Preferences Consistent? 7 1.4 Time Inconsistency 8 1.5 Bayesian Rationality and Subjective Priors 11 1.6 The Biological Basis for Expected Utility 16 1.7 The Allais and Ellsberg Paradoxes 16 1.8 Risk and the Shape of the Utility Function 18 1.9 Prospect Theory 21 1.10 Heuristics and Biases in Decision Making 26Chapter 2: Game Theory: Basic Concepts 30 2.1 The Extensive Form 30 2.2 The Normal Form 33 2.3 Mixed Strategies 34 2.4 Nash Equilibrium 35 2.5 The Fundamental Theorem of Game Theory 36 2.6 Solving for Mixed-Strategy Nash Equilibria 37 2.7 Throwing Fingers 38 2.8 The Battle of the Sexes 38 2.9 The Hawk-Dove Game 39 2.10 The Prisoner's Dilemma 40 2.11 Alice, Bob, and the Choreographer 41 2.12 An Efficiency-Enhancing Choreographer 43 2.13 The Correlated Equilibrium Solution Concept 44Chapter 3: Game Theory and Human Behavior 45 3.1 Self- and Other-Regarding Preferences 46 3.2 Methodological Issues in Behavioral Game Theory 49 3.3 An Anonymous Market Exchange 52 3.4 The Rationality of Altruistic Giving 54 3.5 Conditional Altruistic Cooperation 56 3.6 Altruistic Punishment 57 3.7 Strong Reciprocity in the Labor Market 59 3.8 Altruistic Third-Party Punishment 61 3.9 Altruism and Cooperation in Groups 64 3.10 Inequality Aversion 68 3.11 The Trust Game 71 3.12 Character Virtues 73 3.13 The Situational Character of Preferences 75 3.14 The Dark Side of Altruistic Cooperation 77 3.15 Norms of Cooperation: Cross-Cultural Variation 78Chapter 4: Rationalizability and Common Knowledge of Rationality 83 4.1 Epistemic Games 83 4.2 A Simple Epistemic Game 86 4.3 An Epistemic Battle of the Sexes 87 4.4 Dominated and Iteratedly Dominated Strategies 88 4.5 Eliminating Weakly Dominated Strategies 89 4.6 Rationalizable Strategies 90 4.7 Eliminating Strongly Dominated Strategies 92 4.8 Common Knowledge of Rationality 93 4.9 Rationalizability and Common Knowledge of Rationality 94 4.10 The Beauty Contest 94 4.11 The Traveler's Dilemma 95 4.12 The Modified Traveler's Dilemma 96 4.13 Global Games 98 4.14 CKR Is an Event, Not a Premise 100Chapter 5: Extensive Form Rationalizability 102 5.1 Backward Induction and Dominated Strategies 102 5.2 Subgame Perfection 104 5.3 Subgame Perfection and Incredible Threats 105 5.4 The Surprise Examination 105 5.5 The Common Knowledge of Logicality Paradox 106 5.6 The Repeated Prisoner's Dilemma 107 5.7 The Centipede Game 108 5.8 CKR Fails Off the Backward Induction Path 110 5.9 How to Play the Repeated Prisoner's Dilemma 112 5.10 The Modal Logic of Knowledge 114 5.11 Backward Induction and Extensive Form CKR 115 5.12 Rationality and Extensive Form CKR 118 5.13 On the Nonexistence of CKR 119Chapter 6: The Mixing Problem: Purification and Conjectures 121 6.1 Why Play Mixed Strategies? 121 6.2 Harsanyi's Purification Theorem 123 6.3 A Reputational Model of Honesty and Corruption 125 6.4 Purifying Honesty and Corruption 128 6.5 Epistemic Games: Mixed Strategies as Conjectures 128 6.6 Resurrecting the Conjecture Approach to Purification 129Chapter 7: Bayesian Rationality and Social Epistemology 132 7.1 The Sexes: From Battle to Ballet 133 7.2 The Choreographer Trumps Backward Induction 134 7.3 Property Rights and Correlated Equilibrium 135 7.4 Convention as Correlated Equilibrium 136 7.5 Correlated Strategies and Correlated Equilibria 136 7.6 Correlated Equilibrium and Bayesian Rationality 138 7.7 The Social Epistemology of Common Priors 139 7.8 The Social Epistemology of Common Knowledge 141 7.9 Social Norms 143 7.10 Game Theory and the Evolution of
Synopsis
Game theory is central to understanding human behavior and relevant to all of the behavioral sciences--from biology and economics, to anthropology and political science. However, as The Bounds of Reason demonstrates, game theory alone cannot fully explain human behavior and should instead complement other key concepts championed by the behavioral disciplines. Herbert Gintis shows that just as game theory without broader social theory is merely technical bravado, so social theory without game theory is a handicapped enterprise. Gintis illustrates, for instance, that game theory lacks explanations for when and how rational agents share beliefs. Rather than construct a social epistemology or reasoning process that reflects the real world, game theorists make unwarranted assumptions which imply that rational agents enjoy a commonality of beliefs. But, Gintis explains, humans possess unique forms of knowledge and understanding that move us beyond being merely rational creatures to being social creatures. For a better understanding of human behavior, Gintis champions a unified approach and in doing so shows that the dividing lines between the behavioral disciplines make no scientific sense. He asks, for example, why four separate fields--economics, sociology, anthropology, and social psychology--study social behavior and organization, yet their basic assumptions are wildly at variance. The author argues that we currently have the analytical tools to render the behavioral disciplines mutually coherent. Combining the strengths of the classical, evolutionary, and behavioral fields, The Bounds of Reason reinvigorates the useful tools of game theory and offers innovative thinking for the behavioral sciences.
LC Classification Number
HB144.G55 2009
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- u***s (35)- Feedback left by buyer.Past monthVerified purchaseAs described
- s***i (1676)- Feedback left by buyer.Past monthVerified purchaseThe Best Of Artisan Bread .Item as described..
- r***g (29)- Feedback left by buyer.Past monthVerified purchaseIT WAS A GOOD STORY ABOUT 2 BROTHERS AND THE RACES EACH ONE RAN IN.