Two of the four members of my PhD committee were McKelvey and Palfrey, originators of the “quantual response equilbrium” game theory concept, which for a while seemed to fit experimental data better than other game theories. A year ago I
Well I suppose we could rename the entire field of "Economics" to be "Human Economics" since it focuses almost entirely on humans. But that would be pretty silly until there is a lot more study of non-human economics.
Tim,Good point, their nomenclature choices and acronyms seem a bit obscurantist.I guess it already is called behavioral game theory in some academic circles.
I think strong arguments could be made that ecology is essentially the study of non-human economics.
Well I suppose we could rename the entire field of "Economics" to be "Human Economics" since it focuses almost entirely on humans. But that would be pretty silly until there is a lot more study of non-human economics.
Tim,Good point, their nomenclature choices and acronyms seem a bit obscurantist.I guess it already is called behavioral game theory in some academic circles.
Shouldn't these ideas be referred to as "human game theory" - or something like that?
It would be nice to distingush theories about how humans actually play games from theories about how best to play games.