Rational Games

Author : Mark Young
Publisher : Praeger
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.69/5 ( download)

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Download or read book Rational Games written by Mark Young and published by Praeger. This book was released on 2001-08-30 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of the Argument -- Negotiation Dilemmas -- Received Philosophical Assumptions -- Considered Economic Rationality (CER) -- Application to Business Negotiations -- What Is Economic Rationality? -- Objective versus Subjective Rationality -- Why Be Rational? -- Theoretical versus Practical Reason -- Monological versus Social Reason -- Economic Rationality and Its Assumptions -- Summary: Connection to Decision and Game Theory -- The Problem: Opportunity Lost -- Some Practical Dilemmas -- Theoretical Foundations: A Primer on Game Theory -- "Intuitive Correction": Will "Irrationality" Solve the Problem? -- The Roots of the Problem -- Philosophical Foundations -- Applications to Decision and Game Theory -- Conclusion: The "Dead End" of Prescriptive Economic Rationality -- Gauthier's Proposal: A Strategic Bargaining Solution -- Gauthier's Bargaining Solution -- Omissions and Problems -- Limits of This Approach: Can Strategic Rationality Be Corrected? -- Elements of Considered Economic Rationality -- Requirements of a New Theory -- Considered Economic Rationality: A Brief Sketch -- Four Elements of Considered Economic Rationality -- Summary and a Way Forward -- Negotiating on the Basis of Considered Economic Rationality -- Can We Draw Practical Lessons from Philosophy? -- Elements of a CER-Based Negotiation Strategy -- How Has Considered Economic Rationality Been Applied? -- Case Studies: The Privatization of Electricity Distribution -- Privatization of the U.K. Electricity Distribution Industry.

Author : John C. Harsanyi
Publisher : CUP Archive
ISBN 13 : 9780521311830
Total Pages : 340 pages
Book Rating : 4.37/5 ( download)

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Download or read book Rational Behavior and Bargaining Equilibrium in Games and Social Situations written by John C. Harsanyi and published by CUP Archive. This book was released on 1986 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a paperback edition of a major contribution to the field, first published in hard covers in 1977. The book outlines a general theory of rational behaviour consisting of individual decision theory, ethics, and game theory as its main branches. Decision theory deals with a rational pursuit of individual utility; ethics with a rational pursuit of the common interests of society; and game theory with an interaction of two or more rational individuals, each pursuing his own interests in a rational manner.

Author : Riccardo Bruni
Publisher : Firenze University Press
ISBN 13 : 8864538321
Total Pages : 184 pages
Book Rating : 4.27/5 ( download)

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Download or read book Course notes on finite games and rational choice written by Riccardo Bruni and published by Firenze University Press. This book was released on 2019-02-11 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects notes that were prepared for a university course taught in the Spring of 2018, and delivered to an audience of students enrolled in the Master course in Logic, philosophy and history of science of the University of Florence. The goal of the course was to introduce students to some basic concepts from the area of research generally known as decision theory. This is done by focussing on the concept of ‘rational choice’, which is analyzed, methodologically speaking, by the means of the theory of games. To minimize prerequisites it was decided to restrict the attention to the theory of finite games in particular. The topics treated are vary, and belongs to both the theory of games ‘in normal form’ as well as that of games ‘in extensive form’, as they are usually referred to. The classical issues in both fields, such as the theory of ‘equilibria’ and the study of properties such as determinacy, are carefully discussed to make them clear to beginners and are addressed from a novel perspective which makes use of formal methods that are typical of researches connected with the study of logic.

Author : Reinhard Tietz
Publisher : Springer Science & Business Media
ISBN 13 : 3642483569
Total Pages : 369 pages
Book Rating : 4.61/5 ( download)

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Download or read book Bounded Rational Behavior in Experimental Games and Markets written by Reinhard Tietz and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book reports on recent experimental research on expectations and decision making in bargaining, markets, auctions, or coalition formation situations. The investi- gated topics deliver building stones for a bounded rational theory as an approach to explain behavior and interpersonal interactions in economic and social relationships.

Author : George Tsebelis
Publisher : Univ of California Press
ISBN 13 : 0520911970
Total Pages : 290 pages
Book Rating : 4.70/5 ( download)

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Download or read book Nested Games written by George Tsebelis and published by Univ of California Press. This book was released on 1991-08-12 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clearly written and easily understood by the nonspecialist, Nested Games provides a systematic, empirically accurate, and theoretically coherent account of apparently irrational political actions.

Author : Nicola Giocoli
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781956472
Total Pages : 482 pages
Book Rating : 4.72/5 ( download)

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Download or read book Modeling Rational Agents written by Nicola Giocoli and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book explores the evolution, through the first half of the 20th century, of the key neoclassical concept of rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of perfect foresight and analyzes the first game-theoretic solution concepts of von Neumann and Nash. The author's proposition is that the notion of rationality suffered a profound transformation that reduced it to a formal property of consistency. Such a transformation paralleled that of neoclassical economics as a whole from a discipline dealing with real economic processes to one investigating issues of logical consistency between mathematical relationships."

Author : Geir B. Asheim
Publisher : Springer Science & Business Media
ISBN 13 : 0387262377
Total Pages : 203 pages
Book Rating : 4.76/5 ( download)

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Download or read book The Consistent Preferences Approach to Deductive Reasoning in Games written by Geir B. Asheim and published by Springer Science & Business Media. This book was released on 2010-07-07 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decade I have explored the consequences of what I have chosen to call the 'consistent preferences' approach to deductive reasoning in games. To a great extent this work has been done in coop eration with my co-authors Martin Dufwenberg, Andres Perea, and Ylva Sovik, and it has lead to a series of journal articles. This book presents the results of this research program. Since the present format permits a more extensive motivation for and presentation of the analysis, it is my hope that the content will be of interest to a wider audience than the corresponding journal articles can reach. In addition to active researcher in the field, it is intended for graduate students and others that wish to study epistemic conditions for equilibrium and rationalizability concepts in game theory. Structure of the book This book consists of twelve chapters. The main interactions between the chapters are illustrated in Table 0.1. As Table 0.1 indicates, the chapters can be organized into four dif ferent parts. Chapters 1 and 2 motivate the subsequent analysis by introducing the 'consistent preferences' approach, and by presenting ex amples and concepts that are revisited throughout the book. Chapters 3 and 4 present the decision-theoretic framework and the belief operators that are used in later chapters. Chapters 5, 6, 10, and 11 analyze games in the strategic form, while the remaining chapters-Chapters 7, 8, 9, and 12-are concerned with games in the extensive form.

Author : Jan de Jonge
Publisher : Springer
ISBN 13 : 0230355544
Total Pages : 355 pages
Book Rating : 4.45/5 ( download)

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Download or read book Rethinking Rational Choice Theory written by Jan de Jonge and published by Springer. This book was released on 2011-12-12 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: The marriage of neuroscience and the science of choice behaviour gave birth to neuroeconomics. Jan de Jong explores this new discipline, investigating the relationship between choice behaviour and brain activity, and the light that this sheds on our systems of reasoning.

Author : Shaun Hargreaves Heap
Publisher : Psychology Press
ISBN 13 : 9780415250955
Total Pages : 388 pages
Book Rating : 4.51/5 ( download)

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Download or read book Game Theory written by Shaun Hargreaves Heap and published by Psychology Press. This book was released on 2004 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Requiring no more than basic arithmetic, this book provides a careful and accessible introduction to the basic pillars of Game Theory, tracing its intellectual origins and philosophical premises.

Author : Gabriel Frahm
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110596105
Total Pages : 356 pages
Book Rating : 4.06/5 ( download)

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Download or read book Rational Choice and Strategic Conflict written by Gabriel Frahm and published by Walter de Gruyter GmbH & Co KG. This book was released on 2019-09-23 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book is refreshing, innovative and important for several reasons. Perhaps most importantly, it attempts to reconcile game theory with one-person decision theory by viewing a game as a collection of one-person decision problems. As natural as this approach may seem, it is hard to find game theory books that really implement this view. This book is a wonderful exception, in which the transition between decision theory and game theory is both smooth and natural. It shows that decision theory and game theory can go—and, in fact, must go—hand in hand. The careful exposition, the many illustrative examples, the critical assessment of traditional game theory concepts, and the enlightening comparison with the subjectivistic approach advocated in this book, make it a pleasure to read and a must have for anyone interested in the foundations of decision theory and game theory." Andrés Perea (Maastricht University) "Gabriel Frahm's relatively nontechnical book is a bold synthesis of decision theory and game theory from a Bayesian or subjectivist perspective. It distinguishes between decisions, or one-person games, and games with two or more players, but Frahm argues that this distinction is not always necessary—the two kinds of games can be analyzed within a common theoretical framework. He models the dynamics of choice in several different settings (e.g., information may be complete or incomplete as well as perfect or imperfect), including one in which players look ahead and make farsighted calculations on which they base their choices. His book contains many provocative examples that illustrate the advantages of a unified theory of rational decision-making." Steven J. Brams (New York University)