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Equilibrium and Rationality: Game Theory Revised by Decision Rules - Cambridge Studies in Probability, Induction and Decision Theory (Hardback)Paul Weirich (author)
Hardback 250 Pages / Published: 28/01/1998
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This book represents a major contribution to game theory. It offers this conception of equilibrium in games: strategic equilibrium. This 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. The argument for these principles distinguishes reasons for action from incentives, and draws on contemporary analyses of counterfactual conditionals. The book also includes a procedure for identifying strategic equilibria in ideal normal-form games. In synthesizing decision theory and game theory in a powerful 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.
Publisher: Cambridge University Press
Number of pages: 250
Weight: 540 g
Dimensions: 228 x 152 x 17 mm
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