Weย like toย thinkย of ourselves asย rational.ย This ideaย isย the foundation forย classicalย economic analysis of human behavior,ย including the awesome achievements ofย game theory.ย Butย as behavioralย economicsย shows,ย most behaviorย doesnโt seemย rational at allโwhich,ย unfortunately,ย toย cast doubt on game theoryโs real-worldย credibility.ย ย
InโฏHidden Games,โฏMoshe Hoffman and Erez Yoeliย findย a surprising middle groundโฏbetween the hyperrationality of classical economics and the hyper-irrationality ofย behavioral economics.ย They callย itย hidden games.ย Revivingย game theory, Hoffman and Yoeliย use it toย explainย ourย most puzzlingย behavior, fromย the mechanics ofย Stockholmย syndromeย andย internalizedย misogynyย toย why weย help strangersย andย have aย sense of fairness.ย ย
Fun and powerfully insightful,ย Hidden Gamesโฏis an eye-opening argument for using game theory to explain all theย irrationalย things weย think, feel, andย do.