Download the fantastic book titled On Coordination in Non Cooperative Game Theory written by Lauren Larrouy, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "On Coordination in Non Cooperative Game Theory", which was released on 17 August 2023. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of On Coordination in Non Cooperative Game Theory by Lauren Larrouy PDF
By offering a critical assessment of the evolution of standard game theory, this book argues for a shift in the ontology and methodology of game theory for appraising games, one based on understanding the players’ strategic reasoning process. Analyzing the history of economic thought, the book highlights the methodological issues faced by standard game theory in its treatment of strategic reasoning and the consequence it has on the status of players’ beliefs. It also highlights how the two original contributions of T. C. Schelling and M. Bacharach can be applied to these issues. Furthermore, the book assesses the intersubjective dimension in games by applying the cognitive sciences and by integrating simulation theory into game theory. Consequently, this book offers an interdisciplinary approach for reassessing the nature of the intersubjectivity involved in strategic reasoning. It shows that the analysis of games should involve the study and identification of the reasoning process that leads the players to a specific outcome, i.e., to a specific solution. A game should not be understood (as is done in standard game theory) as a mathematical representation of an individual choice at equilibrium. This requires investigating the players’ capacity for coordination. Understanding the process of coordination allows us to understand strategic reasoning and ultimately to provide new answers to the indeterminacy problem, one of the central hurdles in game theory, and one that underscores its normative difficulties.
Detail About On Coordination in Non Cooperative Game Theory PDF
- Author : Lauren Larrouy
- Publisher : Springer Nature
- Genre : Business & Economics
- Total Pages : 355 pages
- ISBN : 3031361717
- Release Date : 17 August 2023
- PDF File Size : 41,5 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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