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Hidden Games

The Surprising Power of Game Theory to Explain Irrational Human Behaviour

Moshe Hoffman Erez Yoeli

$24.99

Paperback

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English
Basic Books
31 October 2023
'Packed with fresh and clear insights that will change the way you think about the world' Uri Gneezy

'One of those books that you pick up and then can't put down' Steve Stewart-Williams

'This is a book I will come back to again and again' Nichola Raihani

How game theory - the ultimate theory of rationality - explains irrational behaviour.

In Hidden Games, MIT

economists Moshe Hoffman and Erez Yoeli find a surprising middle ground between the hyperrationality of classical economics and the hyper-irrationality

of behavioural economics. They call it hidden games. Reviving game

theory, Hoffman and Yoeli use it to explain our most

puzzling behaviour, from the mechanics of Stockholm syndrome and internalised misogyny to why

we help strangers and have a sense of

fairness.

Fun and powerfully

insightful, Hidden Games is an eye-opening argument for using

game theory to explain all the irrational things we think,

feel, and do and will change how you think forever.

By:   ,
Imprint:   Basic Books
Country of Publication:   United Kingdom
Dimensions:   Height: 196mm,  Width: 128mm,  Spine: 26mm
Weight:   260g
ISBN:   9781529376845
ISBN 10:   152937684X
Pages:   368
Publication Date:  
Audience:   College/higher education ,  Professional and scholarly ,  General/trade ,  Primary ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active

Moshe Hoffman (Author) Moshe Hoffman is a research scientist at the MIT Media Lab Human Dynamics Group and lecturer at Harvard's department of economics. His research focuses on using game theory to decipher the motives that shape our behaviour. Erez Yoeli (Author) Erez Yoeli is a research associate at MIT's Sloan School of Management. Yoeli collaborates with governments, non-profits, and companies to apply the lessons of his research into altruism towards addressing real-world challenges.

Reviews for Hidden Games: The Surprising Power of Game Theory to Explain Irrational Human Behaviour

Skillfully wielding the instruments of game theory, Hoffman and Yoeli entertainingly cut away the veneer of social life to expose the Hidden Games underlying our lavish tastes, overconfidence, spin doctoring, philanthropic inclinations, principled commitments and humility. The duo delivers a penetrating look at the cold logic shaping the puzzling patterns that pervade our actions and communities -- Joseph Henrich, author of The WEIRDest People in the World Hidden Games is a fascinating tour of how game theory can explain the intricacies and quirks of human behavior; and Hoffman and Yoeli are expert guides. This is a book I will come back to again and again -- Nichola Raihani, author of The Social Instinct Hidden Games is a great read. Hoffman and Yoeli show how widespread but puzzling behavior can result from self-interest, explaining subtle, important ideas in a snappy, accessible style -- Rob Boyd, author of A Different Kind of Animal In this fascinating book, Hoffman and Yoeli show how the tools of economics can be used to understand a wide range of real-world phenomena. The authors show time and again that many types of human behavior which seem inconsistent with consciously rational behavior can be understood once we realize that those same forces are operating below the surface. Indeed, this book shows the magic of what is hidden from view -- Kevin M. Murphy, MacArthur Fellow and Professor of Economics at the Booth School of Business, University of Chicago Hidden Games is a pair of x-ray specs for your mind; it gives you the ability to penetrate surfaces and see what's going on at a deeper level. And the writing is as good as the ideas, which is saying something -- Andrew McAfee, author of More from Less and co-author of The Second Machine Age You'll find the passion for game theory in every page of this brilliant book, which is packed with fresh and clear insights that will change the way you think about the world -- Uri Gneezy, co-author of The Why Axis This is one of those books that you pick up and then can't put down; next thing you know, you've been reading for hours and forgotten to go to bed (true story). Filled with quirky facts and perspective-shifting insights, Hidden Games explains some of human beings' most puzzling behavior with one of the most powerful theories ever devised: game theory -- Steve Stewart-Williams, author of The Ape that Understood the Universe


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