Individual behaviour and game theory
In this online lecture, Caltech behavioral economics pioneer Professor Colin Camerer will review what research experiments and field data have taught us about human behaviour and decision-making in economics games. Prof Camerer will focus on models based on the idea that decisions are made on limited rationality (bounded rationality). He will discuss the influences of emotion and social neuroscience in decision-making and the role of strategic substitution and complementarity (decisions that respectively offset and reinforce each other) in changing outcomes for players.
Speaker
Professor Colin F. Camerer, Humanities and Social Sciences Division, Caltech
Hosted by
Department of Economics, Monash Business School
BET (Behavioral, Experimental, Theoretical) Research Group, Monash Business School.
Monash Laboratory of Experimental Economics (MonLEE), Monash Business School.
Organised by
Department of Economics
Event Details
- Date:
- 12 November 2021 at 11:00 am – 1:00 pm
- Venue:
- Online (Zoom) - Melbourne time
- Categories:
- Economics; General
Description
In this online lecture, Caltech behavioral economics pioneer Professor Colin Camerer will review what research experiments and field data have taught us about human behaviour and decision-making in economics games. Prof Camerer will focus on models based on the idea that decisions are made on limited rationality (bounded rationality). He will discuss the influences of emotion and social neuroscience in decision-making and the role of strategic substitution and complementarity (decisions that respectively offset and reinforce each other) in changing outcomes for players.
Speaker
Professor Colin F. Camerer, Humanities and Social Sciences Division, Caltech
Hosted by
Department of Economics, Monash Business School
BET (Behavioral, Experimental, Theoretical) Research Group, Monash Business School.
Monash Laboratory of Experimental Economics (MonLEE), Monash Business School.
Organised by
Department of Economics