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Economics and the Theory of Games

Economics and the Theory of Games

Economics and the Theory of Games
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Economics and the Theory of Games

by Fernando Vega-Redondo

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  • Paperback
Condition
Good
ISBN 10
0521775906
ISBN 13
9780521775908
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About This Item

Cambridge University Press, 2003-07-28. Paperback. Good.

Synopsis

This textbook offers a systematic, self-contained account of the main contributions of modern game theory and its applications to economics. Starting with a detailed description of how to model strategic situations, the discussion proceeds by studying basic solution concepts, their main refinements, games played under incomplete information, and repeated games. For each of these theoretical developments, there is a companion set of applications that cover the most representative instances of game-theoretic analysis in economics, e.g. oligopolistic competition, public goods, coordination failures, bargaining, insurance markets, implementation theory, signaling and auctions. The theory and applications covered in the first part of the book fall under the so-called 'classical' approach to game theory, which is founded on the paradigm of players' unlimited rationality. The second part shifts towards topics that no longer abide by that paradigm. This leads to the study of topics such as the interplay between evolution and rationality.

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Details

Bookseller
Ergodebooks US (US)
Bookseller's Inventory #
SONG0521775906
Title
Economics and the Theory of Games
Author
Fernando Vega-Redondo
Format/Binding
Paperback
Book Condition
Used - Good
Quantity Available
1
ISBN 10
0521775906
ISBN 13
9780521775908
Publisher
Cambridge University Press
Place of Publication
New York, Ny
Date Published
2003-07-28

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