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£81.79

Cambridge University Press Epistemic Game Theory: Reasoning and Choice

Name: Epistemic Game Theory: Reasoning and Choice
Brand: Cambridge University Press
Price: 90.25 GBP
Availability: InStock

Microeconomics

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Description

In everyday life we must often reach decisions while knowing that the outcome will not only depend on our own choice, but also on the choices of others. These situations are the focus of epistemic game theory. Unlike classical game theory, it explores how people may reason about their opponents before they make their final choice in a game. Packed with examples and practical problems based on stories from everyday life, this is the first textbook to explain the principles of epistemic game theory. Each chapter is dedicated to one particular, natural way of reasoning. The book then shows how each of these ways of reasoning will affect the final choices that can rationally be made and how these choices can be found by iterative procedures. Moreover, it does so in a way that uses elementary mathematics and does not presuppose any previous knowledge of game theory.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 1107008913
Category: Books > Subjects > Business, Finance & Law > Economics > Microeconomics
Domain: Amazon UK
Release Date: 07 June 2012
Listed Since: 10 October 2011

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Cambridge University Press Epistemic Game Theory: Reasoning and Choice

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