Last week I reviewed Kadane and Larkey's paper. In short, the main claim of their paper was that since the solution concepts used in game theory do not depend on the beliefs of the players they are irrelevant to game theory. Haranyi wrote a response to this paper, which it what I will review today.… Continue reading Paper Review: Subjective Probability and the Theory of Games: Comments on Kadane and Larkey’s Paper
Game theory is the study of the strategic interaction of rational agents. Decision theory is the study of the decision making of a rational agent. Clearly there is something similar about these two fields. What, exactly, is the relationship though? Do they study different aspects of rational action, or do they overlap? If they overlap,… Continue reading Paper Review: Subjective Probability and the Theory of Games
I write a lot on this blog about rationality. Not only is it interesting in its own right, but the claim that we are rational creatures has been at the center of western philosophy for millennia, even when under attack. However, regardless of whether or not one thinks we are rational beings, there is one… Continue reading Paper Review: The Evolution of Social Norms
One day you are walking along the street, and someone in front of you drops a $50 bill. Even though no one around is really paying attention, most of us will pick it up and give it back to the person. Why is that? Maybe it has something to do with morals in this case… Continue reading Paper Review: Asymmetric Population Games and the Legacy of Maynard Smith: From Evolution to Game Theory and Back?