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Item Details
Title: UNDERSTANDING STRATEGIC INTERACTION
ESSAYS IN HONOUR OF REINHARD SELTEN
By: Wulf Albers (Editor), Werner Guth (Editor), Peter Hammerstein (Editor)
Format: Hardback

List price: £72.00


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ISBN 10: 3540614907
ISBN 13: 9783540614906
Publisher: SPRINGER-VERLAG BERLIN AND HEIDELBERG GMBH & CO. KG
Pub. date: 4 October, 1996
Pages: 527
Description: Strategic interaction occurs whenever what one finally obtains is dependent on others. Game theorists analyze such interaction normatively using numerous methods. This volume contains contributions from researchers who want to express their inspiration by the Nobel laureate, Reinhard Selten.
Synopsis: Strategic interaction occurs whenever it depends on others what one finally obtains: on markets, in firms, in politics etc. Game theorists analyse such interaction normatively, using numerous different methods. The rationalistic approach assumes perfect rationality whereas behavioral theories take into account cognitive limitations of human decision makers. In the animal kingdom one usually refers to evolutionary forces when explaining social interaction. The volume contains innovative contributions, surveys of previous work and two interviews which shed new light on these important topics of the research agenda. The contributions come from highly regarded researchers from all over the world who like to express in this way their intellectual inspiration by the Nobel-laureate Reinhard Selten.
Illustrations: biography
Publication: Germany
Imprint: Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Returns: Returnable
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