Equilibrium and Rationality - Game Theory Revised By Decision Rules

Klappentext 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. Zusammenfassung This book offers this conception of equilibrium in games: strategic equilibrium. 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. Inhaltsverzeichnis Preface; 1. Games and solutions; 2. Idealizations; 3. Equilibrium; 4. Reasons and incentives; 5. Strategic equilibrium; 6. Finding equilibria; 7. Applications; 8. Other standards for solutions; References; Index.

Product details

• Authors: Paul Weirich, Paul (University of Missouri Weirich, Weirich Paul
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 19.07.2007
• EAN: 9780521038027
• ISBN: 978-0-521-03802-7
• No. of pages: 252
• Series: Cambridge Studies in Probabili; Cambridge Studies in Probability, Induction and Decision Theory
• Subjects: Natural sciences, medicine, IT, technology > Mathematics > Miscellaneous; SCIENCE / Philosophy & Social Aspects, game theory, Philosophy: logic