Game Theory: Analysis of Conflict

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Harvard University Press, 1991 - Social Science - 568 pages
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Game theory deals with questions that are basic to all social sciences; it offers insight into any economic, political, or social situation that involves people with different goals or preferences. This book presents some of the most important models, solution concepts, and resutls of noncooperative and cooperative game theory, as well as the methodological principles that have guided the development of the fundamental models of game theory: games in extensive form and strategic form and Bayesian games with incomplete information. He defines Nash equilibria, sequential equilibria, and other equlibrium concepts and discusses their uses and limitations. He also covers incentive compatibility in games with communication, repeated games, two-person bargaining problems, cooperative solutions for coalitional games, and cooperation under uncertainty.

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User Review  - PaolaM - LibraryThing

This is a very good graduate level textbook in game theory. It is pretty hard going in terms of notation, so recommended for self study only to the most dedicated readers. However, if you do persevere ... Read full review

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Contents

Equilibria of StrategicForm Games
88
Sequential Equilibria of ExtensiveForm Games
154
Refinements of Equilibrium in Strategic Form
213
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About the author (1991)

Roger B. Myerson is the W. C. Norby Professor of Economics at the University of Chicago. He previously taught at the Kellogg School of Management at Northwestern University (1976-2001). His teaching interests include decision analysis, probability modeling, game theory, mathematical optimization theory, social choice and formal political theory, and economics of information. Dr. Myerson has received a number of professional awards, including Guggenheim Fellow (1983-1984), Sloan Foundation Fellow (1984-1986), Fellow of the Econometric Society (elected 1983), Fellow of the American Academy of Arts and Sciences (elected 1993), and an honorary doctorate from the University of Basel (2002). His research interests include game theory, economics of information, and analysis of voting systems.

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