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Does This Stuff Really Work?

Lecture no. 16 from the course: Games People Play: Game Theory in Life, Business, and Beyond

Does This Stuff Really Work?

Taught by Professor Scott P. Stevens | 31 min | Categories: The Great Courses Plus Online Economics & Finance Courses

Can game theory accurately model real-world behavior? You examine some reasons that its track record for predicting behavior in some designed experiments and some observed behavior has been mixed.