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Question 4: What is team reasoning? Which, if any, social interactions are better modeled by team reasoning than game theory?

Hints

Check the glossary entry on team reasoning and game theory.

Please also follow the general instructions for Short Essay Questions.

Reading

If you are following the lecture notes and seminars, you should already know what to read. You do not need to consult this list. This is only for people coming to the assignment without using the lecture notes (not recommended).

Further Reading

Where to Find the Reading?

In some cases the references section already includes a link to help you find the reading.

If there is no link in the references section, start by searching for the title (and, if that fails, by title and authors) on google scholar. If this fails, the library has resources. If those fail, please check first with others on the course. If you still have problems, you may email your seminar tutor.

Glossary

game theory : This term is used for any version of the theory based on the ideas of Neumann et al. (1953) and presented in any of the standard textbooks including. Hargreaves-Heap & Varoufakis (2004); Osborne & Rubinstein (1994); Tadelis (2013); Rasmusen (2007).
team reasoning : ‘somebody team reasons if she works out the best possible feasible combination of actions for all the members of her team, then does her part in it’ (Bacharach, 2006, p. 121).

References

Bacharach, M. (2006). Beyond individual choice. Princeton: Princeton University Press. Retrieved from http://webcat.warwick.ac.uk/record=b3272720~S1
Hargreaves-Heap, S., & Varoufakis, Y. (2004). Game theory: A critical text. London: Routledge. Retrieved from http://webcat.warwick.ac.uk/record=b2587142~S1
Neumann, J. von, Morgenstern, O., Rubinstein, A., & Kuhn, H. W. (1953). Theory of Games and Economic Behavior. Princeton, N.J. ; Woodstock: Princeton University Press.
Osborne, M. J., & Rubinstein, A. (1994). A course in game theory. MIT press.
Rasmusen, E. (2007). Games and information: An introduction to game theory (4th ed). Malden, MA ; Oxford: Blackwell Pub.
Sugden, R. (2000). Team preferences. Economics and Philosophy, 16, 175–204.
Tadelis, S. (2013). Game theory: An introduction. Princeton: Princeton University Press. Retrieved from http://webcat.warwick.ac.uk/record=b3473236~S1