A General Theory of Equilibrium Selection in Games

John C Harsanyi

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Idioma: inglés

Editorial: MIT Press Ltd, 1988

0262582384 / 9780262582384

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Descripción del artículo del vendedor

The authors, two of the most prominent game theorists of this generation, have devoted a number of years to the development of the theory presented here, and to its economic applications. They propose rational criteria for selecting one particular uniformly perfect equilibrium point as the solution of any noncooperative game. And, because any cooperative game can be remodelled as a noncooperative bargaining game, their theory defines a one-point solution for any cooperative game as well. By providing solutions - based on the same principles of rational behavior - for all classes of games, both cooperative and noncooperative, both those with complete and with incomplete information, Harsanyi and Selten's approach achieves a remarkable degree of theoretical unification for game theory as a whole and provides a deeper insight into the nature of game-theoretic rationality. The book applies this theory to a number of specific game classes, such as unanimity games; bargaining with transaction costs; trade involving one seller and several buyers; two-person bargaining with incomplete information on one side, and on both sides. The last chapter discusses the relationship of the authors' theory to other recently proposed solution concepts, particularly the Kohberg-Mertens stability theory.…

N° de ref. del artículo 00103018998

Título
A General Theory of Equilibrium Selection in Games
Autor
John C Harsanyi
Editorial
MIT Press Ltd
Año de publicación
1988
Estado
Good
Encuadernación
Paperback
Idioma
inglés
ISBN 10
0262582384
ISBN 13
9780262582384

World of Books (was SecondSale)

Montgomery, IL, Estados Unidos de America

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Vendedor de IberLibro desde 20 de diciembre de 2007

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