ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The Real Insights of Game Theory

Game theory is a source of powerful insights into the nature of situations where people's decisions are interdependent. Among these insights, however, is the fact that in such situations it is often difficult to decide what to do on the basis of strategic reasoning alone. The limitations of strategic reasoning enhance the value of other modes of thought. They also reinforce the case for thinking beyond self-interest in social life.

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