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The contribution of game theory to experimental design in the behavioral sciences
Published online by Cambridge University Press: 06 November 2001
Abstract
Methodological practices differ between economics and psychology because economists use game theory as the basis for the design and interpretation of experiments, while psychologists do not. This methodological choice explains the “four key variables” stressed by Hert-wig and Ortmann. Game theory is currently the most rigorous basis for modeling strategic choice.
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- © 2001 Cambridge University Press