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Inverse View
It is not the case that There is no compelling reason to expect players to choose NE, SPE, or sequential-equilibrium strategies across wide ranges of social interactions.
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Reasons For
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Reason for
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1.
NE and SPE are brittle solution concepts sensitive to other players' learning states.
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2.
Bayesian principles cannot ground rational play in large worlds.
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3.
Without a viable general theory of strategic rationality, the normative basis for expecting equilibrium play collapses.
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Reasons Against
2 perspectives
Reason against 1 of 2
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1.
Herbert Simon's bounded rationality thesis establishes that agents optimize under cognitive constraints, not against idealized equilibrium benchmarks.
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2.
Kahneman and Tversky's prospect theory demonstrates systematic deviations from expected utility maximization that equilibrium concepts presuppose.
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3.
If the psychological foundations of NE require full rationality that actual agents lack, NE loses normative grip across realistic social interactions.
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Reason against 2 of 2
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1.
Wittgenstein's rule-following considerations show that no finite behavior uniquely determines a rational strategy rule, undermining convergent equilibrium predictions.
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2.
Brian Skyrms's evolutionary game theory shows that populations converge on correlated equilibria via learning dynamics, not NE via individual deliberation.
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3.
The actual coordinating force in social interaction is salience and convention, as Schelling demonstrated, not Nash-optimal calculation.
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