Choice, Social Norms and Intelligence

Lorenz F. Goette · Jeffrey P. Carpenter · Aldo Rustichini C · Stephen V. Burks

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Decision-Making and Behavioral Economics Game Theory and Applications Experimental Behavioral Economics Studies

Abstract

Since the way you play the equilibrium of a game depends on how much you understand it, this paper will put the use of game theory in applied analysis on new ground. We indicate how these facts can provide elements for a theoretical analysis of the decision process, and connect these results to current research in Neuroeconomics.

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