ISBN: 9789027726636

References already included in the collected pa pers are not repeated here. This requires a thorough discuss ion of first principles. by Reinhard Selten, Bernard Selten. References alre… Meer...

References already included in the collected pa pers are not repeated here. This requires a thorough discuss ion of first principles. by Reinhard Selten, Bernard Selten. References already included in the collected pa- pers are not repeated here. The Nile on eBay   Models of Strategic Rationality by Reinhard Selten, Bernard Selten The papers collected in this volume relate to game theory. They aim at the elaboration and discussion of basic con­ cepts, at the analysis of specific applied models and at the evaluation of experimental evidence. A game is a mathematical model of a situation where several actors with different goals are engaged in strategic inter­ action. Game theory explores the nature and the consequence. s of rational behavior in games. With respect to several papers in this volume, it seems to be appropriate to comment on later developments. A list of some important references is given at the end of the intro­ duction. References already included in the collected pa­ pers are not repeated here. In casual conversation colleagues sometimes observe that the author on the one hand goes to extremes in the elabora­ tion of the consequences of Bayesian rationality and on the other hand strongly emphasizes the limited rationality of actual decision behavior. This seeming discrepancy is also expressed in the collection presented here. The author thinks that a sharp distinction should be made between nor­ ~ative and descriptive game theory. This position of "methodological dualism" has been expressed in a comment to Aumann's paper "What is game theory trying to accomplish?" (Aumann, 1985, Selten 1985) Normative game theory has the important task to explore the nature and the consequences of idealized full rationality in strategic interaction. This requires a thorough discuss­ ion of first principles. Empirical arguments are irrelevan FORMATHardcover LANGUAGEEnglish CONDITIONBrand New Publisher Description The papers collected in this volume relate to game theory. They aim at the elaboration and discussion of basic con- cepts, at the analysis of specific applied models and at the evaluation of experimental evidence. A game is a mathematical model of a situation where several actors with different goals are engaged in strategic inter- action. Game theory explores the nature and the consequence. s of rational behavior in games. With respect to several papers in this volume, it seems to be appropriate to comment on later developments. A list of some important references is given at the end of the intro- duction. References already included in the collected pa- pers are not repeated here. In casual conversation colleagues sometimes observe that the author on the one hand goes to extremes in the elabora- tion of the consequences of Bayesian rationality and on the other hand strongly emphasizes the limited rationality of actual decision behavior. This seeming discrepancy is also expressed in the collection presented here. The author thinks that a sharp distinction should be made between nor- ~ative and descriptive game theory. This position of "methodological dualism" has been expressed in a comment to Aumann's paper "What is game theory trying to accomplish?" (Aumann, 1985, Selten 1985) Normative game theory has the important task to explore the nature and the consequences of idealized full rationality in strategic interaction. This requires a thorough discuss- ion of first principles. Empirical arguments are irrelevant here. Author Biography Reinhard Selten is Professor at the University of Bonn. He is a cowinner of the 1994 Nobel Prize in Economics. Table of Contents 1. Reexamination of the Perfectness Concept for Equilibrium Points in Extensive Games.- 2. The Chain Store Paradox.- 3. A Note on Evolutionarily Stable Strategies in Asymmetric Animal Conflicts.- 4. A Simple Game Model of Kidnapping.- 5. A Simple Model of Imperfect Competition where 4 Are Few and 6 Are Many.- 6. A Model of Oligopolistic Size Structure and Profitability.- 7. Are Cartel Laws Bad for Business?.- 8. Bargaining under Incomplete Information - A Numerical Example.- 9. A Noncooperative Model of Characteristic-Function Bargaining.- 10. The Equity Principle in Economic Behavior.- 11. Coalition Probabilities in a Non-Cooperative Model of Three-Person Quota-Game Bargaining.- 12. Equal Division Payoff Bounds for Three-Person Characteristic Function Experiments.- Author Index. Long Description The papers collected in this volume relate to game theory. They aim at the elaboration and discussion of basic con Details ISBN9027726639 Author Bernard Selten Short Title MODELS OF STRATEGIC RATIONALIT Publisher Springer Series Mathematics and Its Applications Language English ISBN-10 9027726639 ISBN-13 9789027726636 Media Book Format Hardcover DEWEY 519.3 Year 1988 Publication Date 1988-02-28 Edition 1st Imprint Kluwer Academic Publishers Place of Publication Dordrecht Country of Publication Netherlands Residence US Edition Description 1988 Pages 318 DOI 10.1023/b108950;10.1007/978-94-015-7774-8 Series Number 2 UK Release Date 1988-02-29 Illustrations XIII, 318 p. We've got thisAt The Nile, if you're looking for it, we've got it.With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:137808511; , Festpreisangebot, [LT: FixedPrice], ISBN-13: 9789027726636, EAN: 9789027726636, Publication Year: 1988, Type: Textbook, Format: Hardcover, Language: English, Book Title: Models of Strategic Rationality, Item Height: 235mm, Topic: Economics, Item Width: 155mm, Item Weight: 1430g, Number of Pages: 318 Pages, Springer<

ISBN: 9789027726636

The papers collected in this volume relate to game theory. They aim at the elaboration and discussion of basic con­ cepts, at the analysis of specific applied models and at the evalu… Meer...

The papers collected in this volume relate to game theory. They aim at the elaboration and discussion of basic con­ cepts, at the analysis of specific applied models and at the evaluation of experimental evidence. A game is a mathematical model of a situation where several actors with different goals are engaged in strategic inter­ action. Game theory explores the nature and the consequence. s of rational behavior in games. With respect to several papers in this volume, it seems to be appropriate to comment on later developments. A list of some important references is given at the end of the intro­ duction. References already included in the collected pa­ pers are not repeated here. In casual conversation colleagues sometimes observe that the author on the one hand goes to extremes in the elabora­ tion of the consequences of Bayesian rationality and on the other hand strongly emphasizes the limited rationality of actual decision behavior. This seeming discrepancy is also expressed in the collection presented here. The author thinks that a sharp distinction should be made between nor­ ~ative and descriptive game theory. This position of methodological dualism has been expressed in a comment to Aumann's paper What is game theory trying to accomplish? (Aumann, 1985, Selten 1985) Normative game theory has the important task to explore the nature and the consequences of idealized full rationality in strategic interaction. This requires a thorough discuss­ ion of first principles. Empirical arguments are irrelevant here. New Textbooks>Hardcover>Science>Mathematics>Mathematics, Springer Netherlands Core >2 >T<

ISBN: 9789027726636

Springer . Hardback. New. pp. 336, Springer, 6