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Experimental Studies of Interactive Decisions

  • Book
  • © 1990

Overview

Authors:
  1. Amnon Rapoport

    1. University of Arizona, Tucson, USA

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Part of the book series: Theory and Decision Library C (TDLC, volume 5)

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Table of contents (17 chapters)

  1. Front Matter

    Pages i-xiv
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  3. Small Group Interaction

    1. A PDP-11/45 Program for Playing N-Person Characteristic Function Games

      • Amnon Rapoport
      Pages 139-146

    2. Test of The Bargaining Set and Kernel Models in Three-Person Games

      • Amnon Rapoport
      Pages 147-181

    3. Test of the Kernel and Two Bargaining Set Models in Four- and Five-Person Games

      • Amnon Rapoport
      Pages 183-209

    4. Standards of Fairness in 4-Person Monopolistic Cooperative Games

      • Amnon Rapoport
      Pages 211-233

    5. Coalition Formation in the Triad When Two are Weak and One is Strong

      • Amnon Rapoport
      Pages 235-261

    6. The Power of a Coalition and Payoff Disbursement in Three-Person Negotiable Conflicts

      • Amnon Rapoport
      Pages 263-294

    7. Coalition Formation in a Five-Person Market Game

      • Amnon Rapoport
      Pages 295-316

    8. Relative Gain Maximization in Sequential 3-Person Characteristic Function Games

      • Amnon Rapoport
      Pages 317-344

    9. Comparison of Theories for Payoff Disbursement of Coalition Values

      • Amnon Rapoport
      Pages 345-374

  4. Large Group Interaction

    1. Assessment of Political Power in the Israeli Knesset

      • Amnon Rapoport
      Pages 375-405

    2. Dominated, Connected, and Tight Coalitions in the Israeli Knesset

      • Amnon Rapoport
      Pages 407-425

  5. Back Matter

    Pages 427-437
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Keywords

About this book

This book is about the interplay of theory and experimentation on group decision making in economics. The theories that the book subjects to experimental testing mostly come from the theory of games. The decisions investigated in the book mostly concern economic interaction like strict competition. two-person bargaining. and coalition formation. The underlying philosophy of the articles collected in this book is consistent with the opinion of a growing number of economists and psychologists that economic issues cannot be understood fully just by thinking about them. Rather. the interplay between theory and experimentation is critical for the development of economics as an observational science (Smith. 1989). Reports of laboratory experiments in decision making and economics date back more than thirty years (e.g .• Allais. 1953; Davidson. Suppes. and Siegel. 1957; Flood. 1958; Friedman. 1%3; Kalisch. Milnor. Nash. and Nering. 1954; Lieberman. 1%0; Mosteller and Nogee. 1951; Rapoport. Chammah. Dwyer. and Gyr. I %2; Siegel and Fouraker. I %0; Stone. 1958). However. only in the last ten or fifteen years has laboratory experimentation in economics started its steady transformation from an occasional curiosity into a regular means for investigating various economic phenomena and examining the role of economic institutions. Groups of researchers in the USA and abroad have used experimental methods with increasing sophistication to attack economic problems that arise in individual decision making under risk. two-person bargaining.

Authors and Affiliations

  • University of Arizona, Tucson, USA

    Amnon Rapoport

Bibliographic Information

  • Book Title: Experimental Studies of Interactive Decisions

  • Authors: Amnon Rapoport

  • Series Title: Theory and Decision Library C

  • DOI: https://doi.org/10.1007/978-94-009-1992-1

  • Publisher: Springer Dordrecht

  • eBook Packages: Springer Book Archive

  • Copyright Information: Kluwer Academic Publishers 1990

  • Hardcover ISBN: 978-0-7923-0685-6Published: 30 April 1990

  • Softcover ISBN: 978-94-010-7391-2Published: 27 September 2011

  • eBook ISBN: 978-94-009-1992-1Published: 06 December 2012

  • Series ISSN: 0924-6126

  • Series E-ISSN: 2194-3044

  • Edition Number: 1

  • Number of Pages: XIV, 438

  • Topics: Operations Research/Decision Theory

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