Y1 - Int. to Behavioural Economics

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1. Game Theory Concepts:
2. Important Remarks:
3. 1. Limited Strategic Reasoning
4. 2. Social Preferences (Utility Depends on Own & Others' Payoffs)
5. Examples of Deviations from Nash and Subgame-Perfect Equilibria
6. Limited strategic reasoning in the Guessing game
7. Analysis of the Guessing Game (0 to 100, 0<p<1 , n>2)
8. Game Rules
9. Step 1: Showing that stating x=0 is a Nash Equilibrium
10. Why Don’t People Play the Nash Equilibrium in the Guessing Game?
11. 1. Limited Strategic Reasoning (Self)
12. 2. Beliefs About Others' Limited Strategic Reasoning
13. Why Social Preferences Alone Cannot Explain Deviation
14. Level-k Reasoning in the Guessing Game
15. Social concerns in the ultimatum, dictator, and trust game
16. Ultimatum game
17. Finding the Subgame-Perfect Equilibrium (Backward Induction)
18. Responder Behavior (Rejecting Low Offers)
19. Dictator game
20. Standard Prediction (Game Theory)
21. Real-World Behavior
22. Trust game
23. Social concerns in the public good game
24. Public Good game
25. Game Structure
26. Social Preferences
27. Types of Social Preferences