Hidden Games The Surprising Power of Game Theory to Explain Irrational Human Behavior

Welike tothinkof ourselves asrational.This ideaisthe foundation forclassicaleconomic analysis of human behavior,including the awesome achievements ofgame theory.Butas behavioraleconomicsshows,most behaviordoesn't seemrational at all-which,unfortunately,casts doubt on game theory's real-worldcredibility.
In Hidden Games, Moshe Hoffman and Erez Yoelifinda surprising middle ground between the hyperrationality of classical economics and the hyper-irrationality ofbehavioral economics.They callithidden games.Revivinggame theory, Hoffman and Yoeliuse it toexplainourmost puzzlingbehavior, fromthe mechanics ofStockholmsyndromeandinternalizedmisogynytowhy wehelp strangersandhave asense of fairness.
Fun and powerfully insightful,Hidden Games is an eye-opening argument for using game theory to explain all theirrationalthings wethink, feel, anddo.