Book contents
- Frame It Again
- Frame It Again
- Copyright page
- Contents
- Figures
- Tables
- Acknowledgments
- 1 Priming the Pump: Framing Effects and the Litany of Human Irrationality
- 2 Framing: The Classic Experiments
- 3 Where the Rubber Hits the Road: Investors, Frames, and Markets
- 4 Juliet’s Principle
- 5 Rational Frames?
- 6 Agamemnon and Climate Change
- 7 Framing Temptation and Reward: The Challenges of Self-Control
- 8 Chickens and Chariot Races: Framing in Game Theory
- 9 Fair’s Fair: Framing for Cooperation and Fairness
- 10 Getting Past No: Discursive Deadlock and the Power of Frames
- 11 Opening the Door to Non-Archimedean Reasoning
- Appendix Frames in the Brain
- Bibliography
- Index
8 - Chickens and Chariot Races: Framing in Game Theory
Published online by Cambridge University Press: 15 October 2020
- Frame It Again
- Frame It Again
- Copyright page
- Contents
- Figures
- Tables
- Acknowledgments
- 1 Priming the Pump: Framing Effects and the Litany of Human Irrationality
- 2 Framing: The Classic Experiments
- 3 Where the Rubber Hits the Road: Investors, Frames, and Markets
- 4 Juliet’s Principle
- 5 Rational Frames?
- 6 Agamemnon and Climate Change
- 7 Framing Temptation and Reward: The Challenges of Self-Control
- 8 Chickens and Chariot Races: Framing in Game Theory
- 9 Fair’s Fair: Framing for Cooperation and Fairness
- 10 Getting Past No: Discursive Deadlock and the Power of Frames
- 11 Opening the Door to Non-Archimedean Reasoning
- Appendix Frames in the Brain
- Bibliography
- Index
Summary
So far we’ve been looking at frames and rational decision-making purely at the individual level. Agamemnon and Macbeth were grappling on their own account with issues of life and death. Our imaginary agent struggling with temptation was trying to control herself. Other people are involved, of course. Without Iphigenia, Duncan, and Lady Macbeth, Agamemnon and Macbeth would have been tackling very different problems, probably ones that we would not be talking about today. And although actually struggling with temptation can be a very private matter, there are often plenty of other people around ready to pass judgment and offer helpful (or unhelpful) advice. But still, all the decision-making we have been considering has been individual. We have not looked at any examples where multiple agents are making decisions simultaneously, with how things turn out for each agent depending not just on what they decide to do, but also on what other agents decide to do.
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- Chapter
- Information
- Frame It AgainNew Tools for Rational Decision-Making, pp. 164 - 191Publisher: Cambridge University PressPrint publication year: 2020