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Item Details
Title: EQUILIBRIUM AND RATIONALITY
GAME THEORY REVISED BY DECISION RULES
By: Paul Weirich
Format: Paperback

List price: £35.00
Our price: £30.63
Discount:
12.5% off
You save: £4.37
ISBN 10: 0521038022
ISBN 13: 9780521038027
Availability: Usually dispatched within 1-3 weeks.
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 15 May, 2007
Series: Cambridge Studies in Probability, Induction and Decision Theory
Pages: 252
Description: This major contribution to game theory offers this conception of equilibrium in games: strategic equilibrium.
Synopsis: This book represents a major contribution to game theory. It offers this conception of equilibrium in games: strategic equilibrium. This conception arises from a study of expected utility decision principles, which must be revised to take account of the evidence a choice provides concerning its outcome. The argument for these principles distinguishes reasons for action from incentives, and draws on contemporary analyses of counterfactual conditionals. The book also includes a procedure for identifying strategic equilibria in ideal normal-form games. In synthesizing decision theory and game theory in a powerful way this book will be of particular interest to all philosophers concerned with decision theory and game theory as well as economists and other social scientists.
Illustrations: 51 b/w illus.
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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