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<h3>Aims and Scope</h3>
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{{Reasoning, Perception and Beliefs in Strategic Settings: Theory, Behavior and Cognition}}
 
 
<p>&nbsp;</p>
 
 
 
<p> While game theory, the theory that analyzes purposive behavior
 
in strategic settings, has had notable successes in predicting
 
behavior in some cases, the theory fails to provide an accurate
 
prediction in a large class of real-life situations as well as
 
experimental settings. The conundrum that still plagues game
 
theory today, 65 years after the publication of Von Neumann and
 
Morgenstern's book that set off the field, is how individuals
 
perceive strategic situations, reason about others, and form
 
beliefs about others' perceptions, reasoning processes and
 
beliefs. That is, the interactive nature of strategic settings
 
makes the problem of predicting behavior in such settings
 
fundamentally more difficult than that of predicting choice
 
behavior in single-person decision problems, where ideas and
 
concepts from psychology have been incorporated into general
 
theories with considerable success.</p>
 
 
 
<p>Adaptations to the theory based on experimental evidence on
 
behavior have led to better predictions in some settings, but
 
have failed to provide a general theory based on intuitive and
 
basic principles. At the same time, a good understanding of how
 
evidence on human cognition can be incorporated into
 
game-theoretic models is still lacking. For instance, can we
 
use evidence on human cognition to develop models of bounded
 
rationality in games? Is it possible to use experimental
 
results on people's Theory of Mind&mdash;the mechanism that people
 
use to infer and reason about others' state of mind&mdash;to
 
provide better predictions of human behavior?</p>
 
 
 
 
 
 
 
<p>This working group aims to revisit the fundamental assumptions
 
underlying game theory, in particular questioning the
 
modeling of individuals' representations, reasoning processes
 
and beliefs, with an eye towards empirical evidence of human
 
behavior as well as on cognitive processes. It does so by
 
bringing together game theorists (in particular epistemic game
 
theory and learning), decision theorists, cognitive
 
neuroscientists, psychologists, and computer scientists, to
 
discuss problems of joint interests, and to confront
 
perspectives. Presentations are scheduled in such a way that
 
there will be ample time for discussion among the select group
 
of invitees.</p>
 
 
 
<p>&nbsp;</p>
 
 
 
 
 
<h3>Confirmed Participants</h3>
 
 
 
<UL>
 
<LI> [http://www.santafe.edu/~leb/ Larry Blume] (Cornell)
 
<LI> [http://www.kellogg.northwestern.edu/Faculty/Directory/Kalai_Ehud.aspx Ehud Kalai] (Northwestern University)
 
<LI> [http://www.santafe.edu/~willemien.kets/ Willemien Kets] (Santa Fe Institute)
 
<LI> [http://people.bu.edu/blipman/ Bart Lipman] (Boston University)
 
<LI> [http://merlin.fae.ua.es/friederike/ Friederike Mengel] (Maastricht University)
 
<LI> [http://www.wjh.harvard.edu/~scanlab/index.html Jason Mitchell] (Harvard)
 
<LI> [http://www.cs.cornell.edu/~rafael/ Rafael Pass] (Cornell)
 
<LI> Alex Peysakhovich (Harvard)
 
<LI> [http://www.econ.umn.edu/faculty/arust/ Aldo Rustichini] (University of Minnesota)
 
<LI> [http://saxelab.mit.edu/ Rebecca Saxe] (MIT)
 
<LI> [http://www.personeel.unimaas.nl/e-tsakas/ Elias Tsakas] (Maastricht University)
 
</UL>
 
 
 
 
 
 
 
<p>&nbsp;</p>
 
 
 
 
 
<h3>Presentations and speaker information</h3>
 
 
 
The working group runs from Friday, June 4 till Monday, June 7
 
(with a welcome reception on Thursday evening, June 3).
 
Participants are asked to give a presentation on recent work
 
related to the topic of the working group. Each presentation
 
lasts 1.5 hour, including discussion; since there is likely be
 
much discussion, speakers should expect to have no more than 1
 
hour for their presentation. Since participants come from a
 
variety of backgrounds, participants are asked to provide a
 
brief bio with information on their background and research
 
interests. Participants can also select one or two papers to
 
share with other participants. A bio and any background reading
 
can be send to the organizer, Willemien Kets
 
(willemien.kets@santafe.edu).
 

Latest revision as of 16:23, 3 May 2010

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