Collected Papers in Theoretical Economics: Rationality, games, and strategic behaviour PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Collected Papers in Theoretical Economics: Rationality, games, and strategic behaviour PDF full book. Access full book title Collected Papers in Theoretical Economics: Rationality, games, and strategic behaviour by Kaushik Basu. Download full books in PDF and EPUB format.
Author: Kaushik Basu
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
Get Book Here
Book Description
This volume is a collection of the author's inter-disciplinary essays straddling several of the social sciences and also the philosophical foundations of economics. Most essays have a development slant and several make explicit reference to India.
Author: Kaushik Basu
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
Get Book Here
Book Description
This volume is a collection of the author's inter-disciplinary essays straddling several of the social sciences and also the philosophical foundations of economics. Most essays have a development slant and several make explicit reference to India.
Author: S. Huck
Publisher: Springer
ISBN: 0230523374
Category : Business & Economics
Languages : en
Pages : 359
Get Book Here
Book Description
This volume contains sixteen original articles documenting recent progress in understanding strategic behaviour. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioural game theory, bounded rationality and economic psychology to experimental economics. There are plenty of new models and insights but the book also illustrates the boundaries of what we know today and explains the frontiers of tomorrow. The articles were written in honour of Werner Güth.
Author: Reinhard Selten
Publisher: Springer Science & Business Media
ISBN: 9401577749
Category : Business & Economics
Languages : en
Pages : 319
Get Book Here
Book 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: Robert J. Aumann
Publisher: MIT Press
ISBN: 9780262011549
Category : Business & Economics
Languages : en
Pages : 806
Get Book Here
Book Description
Robert Aumann's career in game theory has spanned over research - from his doctoral dissertation in 1956 to papers as recent as January 1995. Threaded through all of Aumann's work (symbolized in his thesis on knots) is the study of relationships between different ideas, between different phenomena, and between ideas and phenomena. When you look closely at one scientific idea, writes Aumann, you find it hitched to all others. It is these hitches that I have tried to study.
Author: Kaushik Basu
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 246
Get Book Here
Book Description
This volume is a collection of the author's inter-disciplinary essays straddling several of the social sciences and also the philosophical foundations of economics. Most essays have a development slant and several make explicit reference to India.
Author: Reinhard Selten (Economist, Germany)
Publisher: Edward Elgar Publishing
ISBN: 9781781008294
Category :
Languages : en
Pages : 924
Get Book Here
Book Description
'These two volumes constitute an impressive collection of selected path-breaking works of Professor Selten. . . . Edward Elgar Publications deserve merit for bringing out most frequently-cited and prominent articles of Professor Selten in a conveniently available package.' - K. Ravikumar, Journal of Scientific and Industrial Research In 1994, the Nobel Prize was awarded to Reinhard Selten, John Nash and John Harsanyi, for pioneering analysis in game theory. Selten was the first to refine the Nash equilibrium concept of non-cooperative games for analysing dynamic strategic interaction and to apply these concepts to analyses of oligopoly.
Author: Kaushik Basu
Publisher:
ISBN:
Category : Development economics
Languages : en
Pages : 0
Get Book Here
Book Description
Author: W. Leinfellner
Publisher: Springer Science & Business Media
ISBN: 9401716544
Category : Business & Economics
Languages : en
Pages : 476
Get Book Here
Book Description
When von Neumann's and Morgenstern's Theory of Games and Economic Behavior appeared in 1944, one thought that a complete theory of strategic social behavior had appeared out of nowhere. However, game theory has, to this very day, remained a fast-growing assemblage of models which have gradually been united in a new social theory - a theory that is far from being completed even after recent advances in game theory, as evidenced by the work of the three Nobel Prize winners, John F. Nash, John C. Harsanyi, and Reinhard Selten. Two of them, Harsanyi and Selten, have contributed important articles to the present volume. This book leaves no doubt that the game-theoretical models are on the right track to becoming a respectable new theory, just like the great theories of the twentieth century originated from formerly separate models which merged in the course of decades. For social scientists, the age of great discover ies is not over. The recent advances of today's game theory surpass by far the results of traditional game theory. For example, modem game theory has a new empirical and social foundation, namely, societal experiences; this has changed its methods, its "rationality. " Morgenstern (I worked together with him for four years) dreamed of an encompassing theory of social behavior. With the inclusion of the concept of evolution in mathematical form, this dream will become true. Perhaps the new foundation will even lead to a new name, "conflict theory" instead of "game theory.
Author: The late John F. Nash
Publisher: Edward Elgar Publishing
ISBN: 9781781956298
Category : Business & Economics
Languages : en
Pages : 116
Get Book Here
Book Description
'This short volume is very welcome . . . Most importantly, on pages 32-33, the volume reprints as an appendix to the journal article based on Nash's Princeton doctoral dissertation on non-cooperative games a section of the thesis on "motivation and interpretation" that was omitted from the article. An editorial note remarks mildly that "The missing section is of considerable interest". This section, not available in any other published source, makes the present volume indispensable for research libraries . . . Nash's Essays on Game Theory, dating from his years as a Princeton graduate student . . . has a lasting impact on economics and related fields unmatched by any series of articles written in such a brief time . . . To economists, his name will always bring to mind his game theory papers of the early 1950s. It is good to have these conveniently reprinted in this volume.' - Robert W. Dimand, The Economic Journal 'The news that John Nash was to share the 1994 Nobel Prize for Economics with John Harsanyi and Reinhard Selten was doubly welcome. It signalled not only that the brilliant achievements of his youth were to be recognized in a manner consistent with their significance, but that the long illness that clouded his later years had fallen into remission. I hope that this collection of his economic papers will serve as another reminder that John Nash has rejoined the intellectual community to which he has contributed so much.' - From the introduction by Ken Binmore Essays on Game Theory is a unique collection of seven of John Nash's essays which highlight his pioneering contribution to game theory in economics. Featuring a comprehensive introduction by Ken Binmore which explains and summarizes John Nash's achievements in the field of non-cooperative and cooperative game theory, this book will be an indispensable reference for scholars and will be welcomed by those with an interest in game theory and its applications to the social sciences.
Author: Vernon L. Smith
Publisher: Cambridge University Press
ISBN: 1139466461
Category : Business & Economics
Languages : en
Pages : 384
Get Book Here
Book Description
The principal findings of experimental economics are that impersonal exchange in markets converges in repeated interaction to the equilibrium states implied by economic theory, under information conditions far weaker than specified in the theory. In personal, social, and economic exchange, as studied in two-person games, cooperation exceeds the prediction of traditional game theory. This book relates these two findings to field studies and applications and integrates them with the main themes of the Scottish Enlightenment and with the thoughts of F. A. Hayek: through emergent socio-economic institutions and cultural norms, people achieve ends that are unintended and poorly understood. In cultural changes, the role of constructivism, or reason, is to provide variation, and the role of ecological processes is to select the norms and institutions that serve the fitness needs of societies.
