✦ LIBER ✦

Game theory and economic modelling

✍ Scribed by David M. Kreps

Book ID: 127405599
Publisher: Oxford University Press, USA
Year: 1990
Tongue: English
Weight: 869 KB
Series: Clarendon Lectures in Economics
Edition: OUP
Category: Library
ISBN-13: 9780198283812

No coin nor oath required. For personal study only.

✦ Synopsis

This book examines why game theory has become such a popular tool of analysis. It investigates the deficiencies in this methodology and goes on to consider whether its popularity will fade or remain an important tool for economists. The book provides the reader with some basic concepts from noncooperative theory, and then goes on to explore the strengths, weaknesses, and future of the theory as a tool of economic modelling and analysis. All those interested in the applications of game theory to economics, from undergraduates to academics will find this study of particular value.

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SUMMARY: This book presents the huge variety of current contributions of game theory to economics. The impressive contributions fall broadly into two categories. Some lay out in a jargon free manner a particular branch of the theory, the evolution of one of its concepts, or a problem, that runs th