Yes, that statement is just plain false. The problem behind this is people referring to game theoretic agents as “[perfectly] rational people”, and then others hearing them assuming that the ‘rational people’ in game theory are the same kind as real ‘rational people’.
Yes, that statement is just plain false. The problem behind this is people referring to game theoretic agents as “[perfectly] rational people”, and then others hearing them assuming that the ‘rational people’ in game theory are the same kind as real ‘rational people’.