The Mystery of the Ultimatum Game: Why We Are Predictably Irrational

This ambitious book is the first to present a theoretical framework for a unified analysis of both behavioral and traditional economics. It explores the ultimate factors from an evolutionary perspective in addressing why humans are predictably irrational and proposes "adaptive rationality," a new direction for understanding human behavior.
Taking anomalies in ultimatum game experiments as a starting point, this book presents findings from hundreds of experiments. The interdisciplinary natur...