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Professor Benedetto Gui

Rationality and Game Theory

ECO 202 Rationality and Game Theory

Ore di lezione frontale: 42


LM- SEP Curriculum Economics and Philosophy



Modulo: and

The course will first re-examine the traditional assumption of individual rationality that has long been made by economic theorists. Attention will be given to the role played, among other phenomena, by overconfidence, framing, motivations and emotions. This enlarged framework will be used to investigate strategic interaction with the aim of explaining outcomes that puzzle traditional game theory. These include reciprocity, altruistic punishment, trust, and others that are the study object of Behavioral Game Theory.

Bibliographical references:

BOWLES S. – GINTIS H., A Cooperative Species: Human Reciprocity and its Evolution, Princeton University Press, 2011.

PELLIGRA V., I Paradossi della fiducia, Il Mulino, Bologna, 2007.

STOUT L., Conscience: How Good Law Makes Good People” Princeton University Press, 2011.