Rational Behavior and Bargaining Equilibrium in Games and Social Situations

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Publisher : CUP Archive
ISBN 13 : 9780521311830
Total Pages : 340 pages
Book Rating : 4.3/5 (118 download)

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Book Synopsis Rational Behavior and Bargaining Equilibrium in Games and Social Situations by : John C. Harsanyi

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.

Rational Behaviour and Bargaining Equilibrium in Games and Social Situations

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Publisher : Cambridge University Press
ISBN 13 : 9780521208864
Total Pages : 352 pages
Book Rating : 4.2/5 (88 download)

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Book Synopsis Rational Behaviour and Bargaining Equilibrium in Games and Social Situations by : John C. Harsanyi

Download or read book Rational Behaviour and Bargaining Equilibrium in Games and Social Situations written by John C. Harsanyi and published by Cambridge University Press. This book was released on 1977-10-01 with total page 352 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.

Papers in Game Theory

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Publisher : Springer Science & Business Media
ISBN 13 : 9401725276
Total Pages : 264 pages
Book Rating : 4.4/5 (17 download)

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Book Synopsis Papers in Game Theory by : J.C. Harsanyi

Download or read book Papers in Game Theory written by J.C. Harsanyi and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains twelve of my game-theoretical papers, published in the period of 1956-80. It complements my Essays on Ethics, Social Behavior, and Scientific Explanation, Reidel, 1976, and my Rational Behavior and Bargaining Equilibrium in Games and Social Situations, Cambridge University Press, 1977. These twelve papers deal with a wide range of game-theoretical problems. But there is a common intellectual thread going though all of them: they are all parts of an attempt to generalize and combine various game-theoretical solution concepts into a unified solution theory yielding one-point solutions for both cooperative and noncooperative games, and covering even such 'non-classical' games as games with incomplete information. SECTION A The first three papers deal with bargaining models. The first one discusses Nash's two-person bargaining solution and shows its equivalence with Zeuthen's bargaining theory. The second considers the rationality postulates underlying the Nash-Zeuthen theory and defends it against Schelling's objections. The third extends the Shapley value to games without transferable utility and proposes a solution concept that is at the same time a generaliza tion of the Shapley value and of the Nash bargaining solution.

Rational Behaviour and Bargaining Equilibrium in Games and Social Situations

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Publisher : Cambridge University Press
ISBN 13 : 9780521311830
Total Pages : 0 pages
Book Rating : 4.3/5 (118 download)

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Book Synopsis Rational Behaviour and Bargaining Equilibrium in Games and Social Situations by : John C. Harsanyi

Download or read book Rational Behaviour and Bargaining Equilibrium in Games and Social Situations written by John C. Harsanyi and published by Cambridge University Press. This book was released on 1986-06-27 with total page 0 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.

Game Theory and Behavior

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Publisher : MIT Press
ISBN 13 : 0262371251
Total Pages : 725 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Game Theory and Behavior by : Jeffrey Carpenter

Download or read book Game Theory and Behavior written by Jeffrey Carpenter and published by MIT Press. This book was released on 2022-12-06 with total page 725 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to game theory that offers not only theoretical tools but also the intuition and behavioral insights to apply these tools to real-world situations. This introductory text on game theory provides students with both the theoretical tools to analyze situations through the logic of game theory and the intuition and behavioral insights to apply these tools to real-world situations. It is unique among game theory texts in offering a clear, formal introduction to standard game theory while incorporating evidence from experimental data and introducing recent behavioral models. Students will not only learn about incentives, how to represent situations as games, and what agents “should” do in these situations, but they will also be presented with evidence that either confirms the theoretical assumptions or suggests a way in which the theory might be updated. Features: Each chapter begins with a motivating example that can be run as an experiment and ends with a discussion of the behavior in the example. Parts I–IV cover the fundamental “nuts and bolts” of any introductory game theory course, including the theory of games, simple games with simultaneous decision making by players, sequential move games, and incomplete information in simultaneous and sequential move games. Parts V–VII apply the tools developed in previous sections to bargaining, cooperative game theory, market design, social dilemmas, and social choice and voting. Part VIII offers a more in-depth discussion of behavioral game theory models including evolutionary and psychological game theory. Instructor resources include solutions to end-of-chapter exercises, worksheets for running each chapter's experimental games using pencil and paper, and the oTree codes for running the games online.

Bounded Rational Behavior in Experimental Games and Markets

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Publisher : Springer Science & Business Media
ISBN 13 : 3642483569
Total Pages : 369 pages
Book Rating : 4.6/5 (424 download)

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Book Synopsis Bounded Rational Behavior in Experimental Games and Markets by : Reinhard Tietz

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.

Essays on Ethics, Social Behaviour, and Scientific Explanation

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Publisher : Springer Science & Business Media
ISBN 13 : 940109327X
Total Pages : 268 pages
Book Rating : 4.4/5 (1 download)

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Book Synopsis Essays on Ethics, Social Behaviour, and Scientific Explanation by : J.C. Harsanyi

Download or read book Essays on Ethics, Social Behaviour, and Scientific Explanation written by J.C. Harsanyi and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: When John Harsanyi came to Stanford University as a candidate for the Ph.D., I asked him why he was bothering, since it was most un likely that he had anything to learn from us. He was already a known scho lar; in addition to some papers in economics, the first two papers in this vol ume had already been published and had dazzled me by their originality and their combination of philosophical insight and technical competence. However, I am very glad I did not discourage him; whether he learned any thing worthwhile I don't know, but we all learned much from him on the foundations of the theory of games and specifically on the outcome of bar gaining. The central focus of Harsanyi's work has continued to be in the theory of games, but especially on the foundations and conceptual problems. The theory of games, properly understood, is a very broad approach to social interaction based on individually rational behavior, and it connects closely with fundamental methodological and substantive issues in social science and in ethics. An indication of the range of Harsanyi's interest in game the ory can be found in the first paper of Part B -though in fact his owncontri butions are much broader-and in the second paper the applications to the methodology of social science. The remaining papers in that section show more specifically the richness of game theory in specific applications.

Extremal Methods and Systems Analysis

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Publisher : Springer Science & Business Media
ISBN 13 : 3642464149
Total Pages : 554 pages
Book Rating : 4.6/5 (424 download)

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Book Synopsis Extremal Methods and Systems Analysis by : A. V. Fiacco

Download or read book Extremal Methods and Systems Analysis written by A. V. Fiacco and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers appearing in this Volume were selected from a collec tion of papers presented at the Internationa~ Symposium on Extrema~ Methods and Systems Ana~ysis on the Occasion of Professor A. Charnes' 60th Birthday, at the University of Texas in Austin, 13-15 September 1977. As coeditors, we have followed the normal editorial procedures of scholarly journals. We have obtained invaluable assistance from a number of colleagues who essentially performed the duties of associate editors, coordinating most of the reviews. All papers except those appearing in the Historica~ Perspectives section were refereed by at least two individuals with competency in the respective area. Because of the wide range and diversity of the topics, it would have been im possible for us to make a consistently rational selection of papers without the help of the associate editors and referees. We are indeed grateful to them. The breadth of extremal methods and systems analysis, suggested by the range of topics covered in these papers, is characteristic of the field and also of the scholarly work of Professor Charnes. Extre mal methods and systems analysis has been a pioneering and systematic approach to the development and application of new scientific theories and methods for problems of management and operations in both the pri vate and public sectors, spanning all major disciplines from economics to engineering.

Ethics, Rationality, and Economic Behaviour

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Publisher : Oxford University Press
ISBN 13 : 9780198289814
Total Pages : 370 pages
Book Rating : 4.2/5 (898 download)

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Book Synopsis Ethics, Rationality, and Economic Behaviour by : Francesco Farina

Download or read book Ethics, Rationality, and Economic Behaviour written by Francesco Farina and published by Oxford University Press. This book was released on 1996 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: The connection between economics and ethics is as old as economics itself, and central to both disciplines. The essays included in the present volume provide an analysis of the connections between ethics and economics as viewed from several different - oft

Economic Sciences, 1991-1995

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Publisher : World Scientific
ISBN 13 : 9789810230609
Total Pages : 284 pages
Book Rating : 4.2/5 (36 download)

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Book Synopsis Economic Sciences, 1991-1995 by : Torsten Persson

Download or read book Economic Sciences, 1991-1995 written by Torsten Persson and published by World Scientific. This book was released on 1997 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Below is a list of the prizewinners during the period 1991 ? 1995 with a description of the works which won them their prizes: (1991) R H COASE ? for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy; (1992) G S BECKER ? for having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including nonmarket behaviour; (1993) R W FOGEL & D C NORTH ? for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change; (1994) J C HARSANYI, J F NASH & R SELTEN ? for their pioneering analysis of equilibria in the theory of non-cooperative games; (1995) R E LUCAS ? for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy.

Game Theory, Experience, Rationality

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Publisher : Springer Science & Business Media
ISBN 13 : 9401716544
Total Pages : 461 pages
Book Rating : 4.4/5 (17 download)

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Book Synopsis Game Theory, Experience, Rationality by : W. Leinfellner

Download or read book Game Theory, Experience, Rationality written by W. Leinfellner and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: When von Neumann's and Morgenstern's Theory of Games and Economic Behavior appeared in 1944, one thought that a complete theory of strategic social behavior had appeared out of nowhere. However, game theory has, to this very day, remained a fast-growing assemblage of models which have gradually been united in a new social theory - a theory that is far from being completed even after recent advances in game theory, as evidenced by the work of the three Nobel Prize winners, John F. Nash, John C. Harsanyi, and Reinhard Selten. Two of them, Harsanyi and Selten, have contributed important articles to the present volume. This book leaves no doubt that the game-theoretical models are on the right track to becoming a respectable new theory, just like the great theories of the twentieth century originated from formerly separate models which merged in the course of decades. For social scientists, the age of great discover ies is not over. The recent advances of today's game theory surpass by far the results of traditional game theory. For example, modem game theory has a new empirical and social foundation, namely, societal experiences; this has changed its methods, its "rationality. " Morgenstern (I worked together with him for four years) dreamed of an encompassing theory of social behavior. With the inclusion of the concept of evolution in mathematical form, this dream will become true. Perhaps the new foundation will even lead to a new name, "conflict theory" instead of "game theory.

Encyclopedia of Power

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Publisher : SAGE
ISBN 13 : 141292748X
Total Pages : 785 pages
Book Rating : 4.4/5 (129 download)

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Book Synopsis Encyclopedia of Power by : Keith Dowding

Download or read book Encyclopedia of Power written by Keith Dowding and published by SAGE. This book was released on 2011-02 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collects 381 entries that discuss political science, international relations, and sociology.

Rational Interaction

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Publisher : Springer Science & Business Media
ISBN 13 : 3662096641
Total Pages : 427 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Rational Interaction by : Reinhard Selten

Download or read book Rational Interaction written by Reinhard Selten and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unifying theme of the 23 contributions to this book is the social interaction of rational individuals. The work of John C. Harsanyi on game theory, social choice, and the philosophy of science finds an echo in these essays. Contributions by well known game theorists and economists present a great variety of stimulating theoretical investigations. Part I contains six papers on non-cooperative game theory written by Maschler, Owen, Myerson, Peleg, Rosenmüller, Hart and Mas-Collel. Part II with three contributions by Kalei, Samet, van Damme, d'Aspremont, and Gérard-Varet is devoted to the use of non-cooperative game theory in the analysis of problems of mechanism design. Basic questions of non-cooperative game theory are discussed in three essays by Güth, Hardin, and Sugden in Part III. Applied game models are discussed in three papers by Friedman, Selten, and Shubik in Part IV. Problems of social choice are investigated in Part V which deals with utilitarianism and related topics in five contributions by Hammond, Binmore, Arrow, Roemer, and Broome. Finally, Part VI contains three papers: an interdisciplinary comparison of physics and economics by Samuelson, a methodological essay by Brock, and an appraisal of the work of John C. Harsanyi.

The World the Game Theorists Made

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Publisher : University of Chicago Press
ISBN 13 : 022609717X
Total Pages : 397 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis The World the Game Theorists Made by : Paul Erickson

Download or read book The World the Game Theorists Made written by Paul Erickson and published by University of Chicago Press. This book was released on 2015-11-04 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, game theory is central to our understanding of capitalist markets, the evolution of social behavior in animals, and much more. Both the social and biological sciences have seemingly fused around the game. Yet the ascendancy of game theory and theories of rational choice more generally remains a rich source of misunderstanding. To gain a better grasp of the widespread dispersion of game theory and the mathematics of rational choice, Paul Erickson uncovers its history during the poorly understood period between the publication of John von Neumann and Oskar Morgenstern s seminal "Theory of Games and Economic Behavior" in 1944 and the theory s revival in economics in the 1980s. "The World the Game Theorists Made "reveals how the mathematics of rational choice was a common, flexible language that could facilitate wide-ranging debate on some of the great issues of the time. Because it so actively persists in the sciences and public life, assessing the significance of game theory for the postwar sciences is especially critical now."

Rationality, Rules, and Structure

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Publisher : Springer Science & Business Media
ISBN 13 : 9401596166
Total Pages : 215 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis Rationality, Rules, and Structure by : Julian Nida-Rümelin

Download or read book Rationality, Rules, and Structure written by Julian Nida-Rümelin and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is an obvious fact that human agency is constrained and structured by many kinds of rules: rules that are constitutive for communication, morality, persons, and society, and juridical rules. So the question is: what roles are played by social rules and the structural traits of human agency in rational decision making? What bearing does this have on the theory of practical rationality? These issues can only be discussed within an interdisciplinary setting, with researchers drawn from philosophy, decision theory and the economic and social sciences. The problem is of profound, fundamental concern to the social scientist and has attracted a great deal of intellectual effort. Contributors include distinguished researchers in their respective fields and the book thus presents state-of-the-art theory. It can also be used as a textbook in advanced philosophy, economics and social science classes.

Games and Human Behavior

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Publisher : Psychology Press
ISBN 13 : 1317778456
Total Pages : 448 pages
Book Rating : 4.3/5 (177 download)

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Book Synopsis Games and Human Behavior by : David V. Budescu

Download or read book Games and Human Behavior written by David V. Budescu and published by Psychology Press. This book was released on 2019-06-13 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human behavior often violates the predictions of rational choice theory. This realization has caused many social psychologists and experimental economists to attempt to develop an experimentally-based variant of game theory as an alternative descriptive model. The impetus for this book is the interest in the development of such a theory that combines elements from both disciplines and appeals to both. The editors have brought together leading researchers in the fields of experimental economics, behavioral game theory, and social dilemmas to engage in constructive dialogue across disciplinary boundaries. This book offers a comprehensive overview of the new insights into the motivation of human behavior under a variety of naturally or artificially induced incentive structures that are emerging from their work. Amnon Rapoport--a pioneer and leader in experimental study and quantitative modeling of human decisions in social and interactive contexts--is honored.

Game Equilibrium Models II

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Publisher : Springer Science & Business Media
ISBN 13 : 366207365X
Total Pages : 377 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Game Equilibrium Models II by : Reinhard Selten

Download or read book Game Equilibrium Models II written by Reinhard Selten and published by Springer Science & Business Media. This book was released on 2013-04-18 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: The four volumes of Game Equilibrium Models present applications of non-cooperative game theory. Problems of strategic interaction arising in biology, economics, political science and the social sciences in general are treated in 42 papers on a wide variety of subjects. Internationally known authors with backgrounds in various disciplines have contributed original research. The reader finds innovative modelling combined with advanced methods of analysis. The four volumes are the outcome of a research year at the Center for Interdisciplinary Studies of the University of Bielefeld. The close interaction of an international interdisciplinary group of researchers has produced an unusual collection of remarkable results of great interest for everybody who wants to be informed on the scope, potential, and future direction of work in applied game theory. Volume II Methods, Morals and Markets contains areas of research which will attract the interest of economists, political scientists, mathematicians and philosophers. The papers deal with the methodology of analysis of games, game theoretic contributions to fundamental ethical questions facing societies and game-theoretic analyses of market environments.