Game Theory and Economic Analysis: A Quiet Revolution in Economics (Repost)
Christian Schmidt, "Game Theory and Economic Analysis: A Quiet Revolution in Economics"
Publisher: Routledge | 2002 | ISBN: 0415259878 | 204 pages | PDF | 1,5 MB
Publisher: Routledge | 2002 | ISBN: 0415259878 | 204 pages | PDF | 1,5 MB
This book presents the huge variety of current contributions of game theory to economics. The impressive contributions fall broadly into two categories. Some lay out in a jargon free manner a particular branch of the theory, the evolution of one of its concepts, or a problem, that runs through its development. Others are original pieces of work that are significant to game theory as a whole.
After taking the reader through a concise history of game theory, the contributions include such themes as:
- the connections between Von Neumann's mathematical game theory and the domain assigned to him today
- the strategic use of information by game players
- the problem of the coordination of strategic choices between independent players
- cooperative games and their place within the literature of games plus new developments in non-cooperative games
- possible applications for game theory in industrial and financial economics differential qualitative games and entry dissuasion.