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Game Theory: A Critical Introduction

General Information
Type.................: Ebook
Part Size............: 4,966,261 bytes

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Posted by............: ~tqw~

Release Notes
Game theory is rapidly becoming established as one of the cornerstones of the
social sciences. No longer confined to economics it is spreading fast across
each of the disciplines, accompanied by claims that it represents an opportunity
to unify the social sciences by providing a foundation for a rational theory of
society. This book is for those who are intrigued but baffled by these claims.
It scrutinises them from the perspective of the social theorist without getting
lost in the technical complexity of most introductory texts. Requiring no more
than basic arithmetic, it provides a careful and accessible introduction to the
basic pillars of game theory. The introduction traces the intellectual origins
of Game Theory and explains its philosophical premises. The next two chapters
offer a careful exposition of the major analytical results of game theory.
Whilst never losing sight of how powerful an analytical tool game theory is, the
book also points out the intellectual limitations (as well as the philosophical
and political implications) of the assumptions it depends on. Chapter 4 turns to
the theory of bargaining, and concludes by asking: What does game theory add to
the Social Contract tradition? Chapter 5 explains the analytical significance of
the famous 'prisoners' dilemma', while Chapter 6 examines how repetition of such
games can lead to particular theories of the State. Chapter 7 examines the
recent attempt to overcome theoretical dead-ends using evolutionary approaches,
which leads to some interesting ideas about social structures, history and
morality. Finally, Chapter 8 reports on laboratory experiments in which people
played the games outlined in earlier chapters. The book offers a penetrating
account of game theory, covering the main topics in depth. However by
considering the debates in and around the theory it also establishes its
connection with traditional social theories.

Table Of Contents

List of boxes
1 An Overview 1
2 The Elements of Game Theory 41
3 Dynamic Games: Backward Induction and Some Extensive Form Refinements of
the Nash Equilibrium 80
4 Bargaining Games 111
5 The Prisoners' Dilemma 146
6 Repeated Games and Reputations 167
7 Evolutionary Games 195
8 Watching People Play Games: Some Experimental Evidence 236
Postscript 260
Notes 261
Bibliography 265
Name index 273
Subject index 276

Product Details

* ISBN: 041509402X
* ISBN-13: 9780415094023
* Format: Hardcover, 296pp
* Publisher: Taylor & Francis, Inc.
* Pub. Date: March 1995

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