Equilibrium and Rationality Game Theory Revised by Decision Rules [Paperback]

This major contribution to game theory offers this conception of equilibrium in games: strategic equilibrium.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.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.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.Preface; 1. Games and solutions; 2. Idealizations; 3. Equilibrium; 4. Reasons and incentives; 5. Strategic equilibrium; 6. Finding equilibria; 7. Applications; 8. Other standards for solutions; References; Index. This is a superbly written and insightful book on the phillÚ