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Cambridge University Press Equilibrium and Rationality: Game Theory Revised by Decision Rules (Cambridge Studies in Probability, Induction & Decision Theory)

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Description

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.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
28 January 1998
Listed Since
15 December 2006

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