Colin Camerer
Colin Camerer
Colin Farrell Camereris an American behavioral economist and a Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology...
NationalityAmerican
ProfessionEconomist
Date of Birth4 December 1959
CountryUnited States of America
actions affect applied believe bit branch cases economics game gives life likely mostly others people science social theory
Game theory is a branch of, originally, applied mathematics, used mostly in economics and political science, a little bit in biology, that gives us a mathematical taxonomy of social life, and it predicts what people are likely to do and believe others will do in cases where everyone's actions affect everyone else.
areas caught crash indicate involving means people
We see that hyperactivity and reward areas are important when the bubble's rising. People getting caught up in it. We also see areas involving mentalizing, which means thinking about other people: Who's buying? Who's selling? Do they know something? We see emotional areas before the crash that indicate a sense of uncertainty or dread.