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Describe the main tenets of the standard model of strategic interaction. Discuss three examples that, according to behavioural economics, are at odds with the standard game theory. One of the examples has to analyze the role of incentives.

Posted on March 23, 2021 by Shady

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Question:

Describe the main tenets of the standard model of strategic interaction. Discuss three examples that, according to behavioural economics, are at odds with the standard game theory. One of the examples has to analyze the role of incentives. (2000 Words)

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