Game Theory
What are the factors that drive wellbeing?
As humans, we interact with each other on a regular basis. Most of these interactions have a primarily social nature, but many have economic consequences for the parties involved. Game theory is a useful set of tools that behavioural scientists employ in understanding strategic interactions between individuals that take into account each other’s actions and motivations.
Game theory is essential to understand cooperation, coordination, competition between rivals, negotiation, conflict and many other situations. Our research combines theoretical and experimental tools to shed lights on many aspects of human behaviour that involve the strategic interaction between individuals or groups of individuals.
Publications:
- 'The pizza night game: Conflict of interest and payoff inequality in tacit bargaining games with focal points'
Andrea Isoni, Robert Sugden and Jiwei Zheng. 2020
European Economic Review , 127, 103428 - 'Reciprocity and the paradox of trust in psychological game theory'
Journal of Economic Behavior and Organization, 167, 219-227 - 'Focal points and payoff information in tacit bargaining'
Andrea Isoni, Anders Poulsen, Robert Sugden, and Kei Tsutsui, 2019
Games and Economic Behavior, 114, 193-214
