here’s a few on
coordination failures: http://coordination.org/
asymmetric information: George A. Akerlof, The Market for “Lemons”
how human behavior can depart from game theory: Richard H. Thaler, Anomalies: The Ultimatum Game
how we sometime get it right: Ariel Rubinstein, An Optimal Conviction Policy for Offenses that May Have Been Committed by Accident
also see readings from 14.11, Insights from Game Theory into Social Behavior
here’s a few on
coordination failures: http://coordination.org/
asymmetric information: George A. Akerlof, The Market for “Lemons”
how human behavior can depart from game theory: Richard H. Thaler, Anomalies: The Ultimatum Game
how we sometime get it right: Ariel Rubinstein, An Optimal Conviction Policy for Offenses that May Have Been Committed by Accident
also see readings from 14.11, Insights from Game Theory into Social Behavior