Bridging the gap: integrating rational models with real-world decision-making processes

Montineri, Priscilla (A.A. 2023/2024) Bridging the gap: integrating rational models with real-world decision-making processes. Tesi di Laurea in Games and strategies, Luiss Guido Carli, relatore Roberto Lucchetti, pp. 72. [Bachelor's Degree Thesis]

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Abstract/Index

Overview of game theory. The zero-sum game: understanding its dynamics and consequences. Prisoner's dilemma: cooperation vs. competition. Analysis of the centipede game: anticipation and bounded rationality. Ultimatum game: negotiation and rationality. Dictator game: power dynamics and altruism in decision-making. Real-world decision dynamics. Analysis of the divergence between theory and practice. Challenges in complex scenarios. Advancing decision-making approaches: case studies. Game theory: the strategic calculus of the cold war. Structuring the FCC bidding process. Application of game theory in audit. Game theory for ticket pricing. Critical evaluation and limitations. Historical overview of the classical decision theory. Addressing the main limitations of the classical decision theory.

References

Bibliografia: pp. 63-72.

Thesis Type: Bachelor's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, English language (L-33)
Chair: Games and strategies
Thesis Supervisor: Lucchetti, Roberto
Academic Year: 2023/2024
Session: Summer
Deposited by: Alessandro Perfetti
Date Deposited: 17 Oct 2024 10:36
Last Modified: 17 Oct 2024 10:36
URI: https://tesi.luiss.it/id/eprint/40082

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