9/10/14 Outline Psychological Game Theory • • • • Homework for next Tuesday Feedback paper-­‐rock-­‐scissors Individual quiz Team-­‐work WSU Fall 2014 Ion Juvina, Ph.D. Lecture 5 Homework for Tuesday • Read from textbook: – From page 43 (Dictator, UlVmatum…) – to page 83 (Trust games) Quiz 5 QuesVon 1 • What is “behavioral game theory”? • Bring elevator essay (max 200 words) 1 9/10/14 Q2 • Explain how the predicVons of game theory compares to the empirical data in the ulVmatum game. Q4 • How many steps of iterated thinking do people usually take? Why? Q3 • Explain the emoVonal aspects of rejecVons in the ulVmatum game. Q5 • What is a dominated strategy? 2 9/10/14 Q6 Q7 • What is an extensive form? Give an example. • • • • • Team1 Teamwork Ashworth, Trent J. Goolsby, Austen D. Sherer, Steven L. Wagner, Kellyn L. Gingrich, Denton J. • • • • • • • • • • Describe the rollback technique. Team3 Furlong, Danielle N. Polansky, John M. Tiggs, Kayelin L. Williamson, Elisa F. Vincent, Amanda Team2 Koesters, Jenna B. Simmons, Albert R. Redmond, Madeline R. Wilson, Kenneth W. 3