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

ISBN: 9780521593526
Publisher: Cambridge University Press
Publication Date: 1998-01-28
Number of pages: 250
  • $64.15

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DESCRIPTION

This book represents a major contribution to game theory. It offers a new conception of equilibrium in games: strategic equilibrium. This new 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. In synthesizing decision theory and game theory in a powerful new 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.

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