The principal findings of experimental economics are that impersonal exchange in markets
converges in repeated interaction to the equilibrium states implied by economic theory …

This paper argues for a closer association between economics and sociology. The latter
could benefit from the intellectual rigour of the former. Building a unified socio-economics …

More than thirty years ago, Thomas Schelling (1960, 162) forcefully argued that" some
essential part of the study of mixed motive (non-zero-sum) games is necessarily empirical." …

As a manifestation of a'cognitive turn'observable in all social sciences, Cognitive Economics
is concerned with the beliefs and mental operations held by actors placed within a …

Game theoretic reasoning is sometimes strikingly inconsistent with observed behavior, or
even with evidence from introspection. Famous examples of such inconsistency are the …

Among the different social sciences (including economics), there is a large variety of models
which account for human interaction. Three types of core assumptions are more or less …

The Community of Advantage asks how economists should do normative analysis.
Normative analysis in economics has usually aimed at satisfying individuals' preferences. Its …

Economics is far more versatile than its critics believe. It is a method of analysis and not just
a field of study. The method is to combine two core assumptions-individual optimization and …

One tenet of classical, rational choice theory as used in non-cooperative game theory is that
all players use the same model of rationality for themselves as well as for all other players …

David Lewis is widely credited with the first formulation of common knowledge and the first
rigorous analysis of convention. However, common knowledge and convention entered …