Essays in Economic Theory (Routledge Revivals) - Hardcover

Crawford, Vincent

Hardcover

ISBN 10: 1138858625 ISBN 13: 9781138858626

Publisher: Routledge, 2015

Synopsis

Essays in Economic Theory, first published in 1983, combines two essays on game theory and its applications in economics. The first, "Learning Behavior and the Noncooperative Equilibrium", considers whether an adaptive justification, like those commonly available for the optimization models frequently employed elsewhere in economics, can be found for the Nash noncooperative equilibrium. The second essay, "A Game of Fair Division", was motivated by the desire to find attractive methods for solving allocation problems and bargaining disputes that are simple enough to provide useful alternatives to existing methods. It studies in detail one such simple method: the classical "divide-and-choose" procedure. This book will be of interest to students of economics.

About this title

About the Author

Vincent Crawford

Edition details

• Publisher: Routledge
• Publication date: 2015
• Language: English
• ISBN 10: 1138858625
• ISBN 13: 9781138858626
• Binding: Hardcover
• Edition number: 1
• Number of pages: 102