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Item Details
| Title:
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ECONOMICS AND THE THEORY OF GAMES
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| By: |
Fernando Vega-Redondo |
| Format: |
Hardback |
| List price:
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£125.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0521772516 |
| ISBN 13: |
9780521772518 |
| Publisher: |
CAMBRIDGE UNIVERSITY PRESS |
| Pub. date: |
28 July, 2003 |
| Pages: |
526 |
| Description: |
This textbook is designed for students in economics seeking a self-contained approach to game theory. |
| Synopsis: |
This textbook offers a systematic, self-contained account of the main contributions of modern game theory and its applications to economics. Starting with a detailed description of how to model strategic situations, the discussion proceeds by studying basic solution concepts, their main refinements, games played under incomplete information, and repeated games. For each of these theoretical developments, there is a companion set of applications that cover the most representative instances of game-theoretic analysis in economics, e.g. oligopolistic competition, public goods, coordination failures, bargaining, insurance markets, implementation theory, signaling and auctions. The theory and applications covered in the first part of the book fall under the so-called 'classical' approach to game theory, which is founded on the paradigm of players' unlimited rationality. The second part shifts towards topics that no longer abide by that paradigm. This leads to the study of topics such as the interplay between evolution and rationality. |
| Illustrations: |
84 b/w illus. 55 tables 227 exercises |
| Publication: |
UK |
| Imprint: |
Cambridge University Press |
| Returns: |
Returnable |
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