Equilibrium and Rationality
Game Theory Revised by Decision Rules
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Equilibrium and Rationality by Paul Weirich
Book DescriptionThis 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.
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Book DetailsISBN: 9780521593526
(228mm x 152mm x 17mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 28-Jan-1998
Country of Publication: United Kingdom
Books By Author Paul Weirich
Models of Decision-Making, Hardback (January 2015)
This book explains and justifies efficient general methods of making decisions and will guide practical efforts to streamline rational choice.
Equilibrium and Rationality, Paperback (July 2007)» View all books by Paul Weirich
This major contribution to game theory offers this conception of equilibrium in games: strategic equilibrium.
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