Equilibrium and Rationality: Game Theory Revised by Decision Rules (Cambridge Studies in Probability, Induction and Decision Theory)

Equilibrium and Rationality: Game Theory Revised by Decision Rules (Cambridge Studies in Probability, Induction and Decision Theory)
by: Paul Weirich (Author)
Publisher: Cambridge University Press
Publication Date: 1998/1/28
Language: English
Print Length: 250 pages
ISBN-10: 0521593522
ISBN-13: 9780521593526
Book Description
This book represents a major contribution to game theory. It offers a new conception of equilibrium in games: strategic equilibrium. This new conception arises from a study of expected utility decision principles, which must be revised to take account of the evidence a choice provides concerning its outcome. In synthesizing decision theory and game theory in a powerful new way this book will be of particular interest to all philosophers concerned with decision theory and game theory as well as economists and other social scientists.
About the Author
This book represents a major contribution to game theory. It offers a new conception of equilibrium in games: strategic equilibrium. This new conception arises from a study of expected utility decision principles, which must be revised to take account of the evidence a choice provides concerning its outcome. In synthesizing decision theory and game theory in a powerful new way this book will be of particular interest to all philosophers concerned with decision theory and game theory as well as economists and other social scientists. Read more