The behavioral model and game theory

The rational choice theory is based on this idea that people rationally pursue goals for increasing their personal interests. Here, we present a new concept of rational choice as a hyper-rational choice in which the actor thinks about profit or loss of other actors in addition to his personal profit...

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Bibliographic Details

Published in:	Humanities & social sciences communications Vol. 5; no. 1; p. 57
Main Authors:	Askari, Gholamreza, Gordji, Madjid Eshaghi, Park, Choonkil
Format:	Journal Article
Language:	English
Published:	London Springer Nature B.V 28.05.2019
Subjects:	Behavior Beliefs Decision makers Decision making Environmental conditions Game theory Games Human subjects Preferences Profit maximization Rational choice Rationality Social sciences Valuation
ISSN:	2055-1045, 2055-1045, 2662-9992
Online Access:	Get full text
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