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Game Theory, Decision Making in Conflicts and Computer Simulations: a Good-Looking Triad

  • Wim B. G. Liebrand
  • David M. Messick
Conference paper

Abstract

The study of decision making has been dominated by game theory. As a result, we have gained some insight into one of the more important features of human life. The emerging picture, however, is not good-looking. Decision makers rarely find the ideal rational solution to the simple, elegant but devious tasks presented to us by game theorists. Who to blame? What went wrong?

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Copyright information

© Springer-Verlag Berlin Heidelberg 1996

Authors and Affiliations

  • Wim B. G. Liebrand
    • 1
  • David M. Messick
    • 2
  1. 1.Rijksuniversiteit Groningen —SWI—GroningenThe Netherlands
  2. 2.Kellogg Graduate School of ManagementNorthwestern UniversityEvanstonUSA

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