Introduction and Survey

  • Werner Güth


Understanding strategic interaction can be interpreted in more than one way: One is to explain interaction phenomena by modelling them as games and derive their solutions by relying on perfectly rational players. Let us refer to this as the rationalistic approach to understanding strategic interaction.


Strategic Interaction Subgame Perfect Equilibrium Payoff Vector Chain Store Endowment Effect 
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© Springer-Verlag Berlin — Heidelberg 1997

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  • Werner Güth

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