EQUILIBRIUM AND RATIONALITY. GAME THEORY REVISED BY DECISION RULES.

WEIRICH, Paul.

ISBN 10: 0521593522 / ISBN 13: 9780521593526

Published by Cambridge University Press,, Cambridge,, 1998

About this Item

8vo. Major contribution to game theory. Of particular interest to all philosophers concerned with decision theory and game theory as well as economists and other social scientists. ISBN:0521593522 Fine in fine dust wrapper. First Edition. Hardback. Dust Jacket.

Seller Inventory # 55939

Bibliographic Details

• Title: EQUILIBRIUM AND RATIONALITY. GAME THEORY REVISED BY DECISION RULES.
• Publisher: Cambridge University Press,, Cambridge,
• Publication Date: 1998
• Language: English
• ISBN 10: 0521593522
• ISBN 13: 9780521593526
• Binding: Hardcover
• Edition: 1st Edition
• Condition: Fine
• Dust Jacket Condition: Dust Jacket Included

About this title

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.

Review

'All in all the book is a true tour de force; it is one of the deepest and best-argued game-theoretical treatises I have ever read.' Wlodek Rabinowicz, University of Uppsala