Moral Calculations : Game Theory, Logic, and Human Frailty /

Are people ever rational? Consider this: You auction off a one-dollar bill to the highest bidder, but you set the rules so that the second highest bidder also has to pay the amount of his last bid, even though he gets nothing. Would people ever enter such an auction? Not only do they, but according...

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Bibliographic Details
Main Author: Mérő, László
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: New York, NY : Springer New York, 1998.
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by Mérő, László
Published 1998
Book