To view prices and purchase online, please login or create an account now.



Equilibrium and Rationality: Game Theory Revised by Decision Rules

Paperback / softback

Main Details

Title Equilibrium and Rationality: Game Theory Revised by Decision Rules
Authors and Contributors      By (author) Paul Weirich
SeriesCambridge Studies in Probability, Induction and Decision Theory
Physical Properties
Format:Paperback / softback
Pages:252
Dimensions(mm): Height 228,Width 151
ISBN/Barcode 9780521038027
ClassificationsDewey:519.3
Audience
Professional & Vocational
Illustrations 51 Line drawings, unspecified

Publishing Details

Publisher Cambridge University Press
Imprint Cambridge University Press
Publication Date 19 July 2007
Publication Country United Kingdom

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.

Reviews

'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