Hidden Games
The Surprising Power of Game Theory to Explain Irrational Human Behavior
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Hidden Games
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Narrated by:
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Gary Tiedemann
About this listen
Two MIT economists show how game theory—the ultimate theory of rationality—explains irrational behavior.
We like to think of ourselves as rational. This idea is the foundation for classical economic analysis of human behavior, including the awesome achievements of game theory. But as behavioral economics shows, most behavior doesn’t seem rational at all—which, unfortunately, casts doubt on game theory’s real-world credibility.
In Hidden Games, Moshe Hoffman and Erez Yoeli find a surprising middle ground between the hyperrationality of classical economics and the hyper-irrationality of behavioral economics. They call it hidden games. Reviving game theory, Hoffman and Yoeli use it to explain our most puzzling behavior, from the mechanics of Stockholm syndrome and internalized 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.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2022 Erez Yoeli and Moshe Hoffman (P)2022 Basic BooksCritic Reviews
"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 coauthor 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, coauthor of The Why Axis)
“Skillfully wielding the instruments of game theory, Hoffman and Yoeli entertainingly cut away the veneer of social life. The duo delivers a penetrating look at the cold logic shaping the puzzling patterns that pervade our actions and communities.” (Joe Henrich, author of The WEIRDest People in the World)