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Psychological Pressure on the Field and Elsewhere

Ignacio Palacios-Huerta

in Beautiful Game Theory: How Soccer Can Help Economics

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691144023
eISBN:
9781400850310
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691144023.003.0006
Subject:
Economics and Finance, History of Economic Thought

This chapter describes a novel behavioral bias not previously documented in a competitive situation: psychological pressure in a dynamic competitive environment arising from the state of the ... More


Pelé Meets John Von Neumann in the Penalty Area

Ignacio Palacios-Huerta

in Beautiful Game Theory: How Soccer Can Help Economics

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691144023
eISBN:
9781400850310
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691144023.003.0002
Subject:
Economics and Finance, History of Economic Thought

The movie A Beautiful Mind (2001) portrays the life and work of John F. Nash Jr., who received the Nobel Prize in Economics in 1994. A class of his theories deals with how people should behave in ... More


Vernon Smith Meets Messi in the Laboratory

Ignacio Palacios-Huerta

in Beautiful Game Theory: How Soccer Can Help Economics

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691144023
eISBN:
9781400850310
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691144023.003.0003
Subject:
Economics and Finance, History of Economic Thought

This chapter focuses on zero-sum experimental games where players are predicted to choose probability mixtures. Whereas perfectively competitive games do not represent the entire universe of ... More


Mapping Minimax in the Brain: (with Antonio Olivero, Sven Bestmann, Jose Florensa Vila, and Jose Apesteguia)

Ignacio Palacios-Huerta

in Beautiful Game Theory: How Soccer Can Help Economics

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691144023
eISBN:
9781400850310
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691144023.003.0005
Subject:
Economics and Finance, History of Economic Thought

This chapter is concerned with mixed strategies. Using fMRI techniques, it peers inside the brain when experimental subjects play the penalty kick game. As we have noted already, minimax is ... More


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