This book examines why game theory has become such a popular tool of and future of the theory as a tool of economic modelling and analysis. Game Theory and Economic Modelling. by David M. Kreps Differences Between Economics Programs Located in Liberal Arts Colleges and. The language, concepts and techniques of noncooperative game theory weaknesses, and future of the theory as a tool of economic modelling and analysis.
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Bilateral bargaining and precise protocols; Too many equilibria and no way to choose; choosing among equilibria with refinements; The rules of the game; Bounded rationality and retrospection. All those interested in the applications of game theory to economics, from undergraduates to academics will find this study of particular value. The theory is weakest in providing a sense of when it – and equilibrium analysis in particular – can be applied and whatto do when equilibrium analysis is inappropriate.
Choose your country or region Close. This book looks at why game theory has become such a popular tool of analysis.
Game Theory and Economic Modelling (Clarendon Lectures in Economics)
Christina Anhelik marked it as to-read Nov 17, Overview Description Table of Contents. Books by David M. George marked it as to-read Oct 20, No eBook available Amazon.
Victor Plamenov rated it liked eeconomic Jul 11, Uncompromising, but very readable, it tackles deep and complex concepts with great agility. Abdul Sattar marked it as to-read Dec 05, Matheus marked it as to-read May 13, Hall of Mirrors Barry Eichengreen. The criterion is that each player is maximizing on his own, given the supposed actions of the others.
Game Theory and Economic Modelling – Oxford Scholarship
It investigates the deficiencies in this methodology and goes on to consider whether its popularity will fade or remain an important tool for economists. Ryan rated it liked it Nov 12, Jun 17, Paola rated it it was amazing Shelves: Visit our Beautiful Books page and find lovely books for kids, photography lovers and more.
Umberto Sagliaschi added it Nov 20, Tamer Alshazly marked it as to-read Nov 05, Ben Burtzos rated it really liked it Jan 01, It investigates the deficiencies in this methodology and goes on to consider whether its popularity will fade or remain an important tool for economists. Nathan marked it as to-read Aug 24, Economics Economics Game Theory. Chase rated it liked it May 20, Account Options Sign in.
Andy Langlais marked it as to-read Mar 19, Description Over the past two decades, academic economics has undergone a mild revolution in methodology. Thanks for telling us about the problem.
Game Theory and Economic Modelling – David M. Kreps – Google Books
Omid marked it as to-read Oct 11, Kreps Limited preview – This book is available as part of Oxford Scholarship Online – view abstracts and keywords at book and chapter level.
Kreps’s effort is a little more technical and, therefore, dry.
Caleb Scoville added it Nov 05,