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Equilibrium and Rationality: Game Theory Revised by Decision Rules

Equilibrium and Rationality: Game Theory Revised by Decision Rules

Paperback

Series: Cambridge Studies in Probability, Induction and Decision The

General Mathematics

ISBN10: 0521038022
ISBN13: 9780521038027
Publisher: Cambridge
Published: Jul 19 2007
Pages: 252
Weight: 0.82
Height: 0.57 Width: 6.00 Depth: 9.00
Language: English
This book represents a major contribution to game theory. It offers a new conception of equilibrium in games: strategic equilibrium. This new 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. In synthesizing decision theory and game theory in a powerful new 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.

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