**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, to cast doubt on game theory’s real-world credibility.In Hidden Games, Moshe Hoffma...

**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 ...