Behavioral game theory assumes
A)people act rationally.
B)people are subject to biases that cause them to act irrationally.
C)that people behave differently when playing games than when "playing for real."
D)people optimize using all available information.

Question

Quizplus · Accepted Answer

Behavioral game theory takes into account the fact that people are subject to biases and may not always act rationally. This is different from classical game theory, which assumes rationality.

Behavioral Game Theory Assumes