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Equilibrium and Rationality
Game Theory Revised by Decision Rules

$39.99 (C)

Part of Cambridge Studies in Probability, Induction and Decision Theory

  • Date Published: July 2007
  • availability: Available
  • format: Paperback
  • isbn: 9780521038027

$ 39.99 (C)

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About the Authors
  • This book represents a major contribution to game theory. It offers a new conception of equilibrium in games: strategic equilibrium. This new conception arises from a study of expected utility decision principles, which must be revised to take account of the evidence a choice provides concerning its outcome. In synthesizing decision theory and game theory in a powerful new way this book will be of particular interest to all philosophers concerned with decision theory and game theory as well as economists and other social scientists.

    • Genuine interdisciplinary readership - game theory sells well to economists as well as philosophers
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    Reviews & endorsements

    "This is a superbly written and insightful book on the philosophical foundations of game theory. The book is superbly written and argued and should be read by anyone interested in the foundations of the theory of rational choice." Peter Vallentyne, Ethics

    " and decision theory are more and more an interdisciplinary subject, in which mathematicians, economists but also political scientists, philosophers and logicians make fundamental contributions, among which is this interesting and important book." Mathematical Reviews

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    Product details

    • Date Published: July 2007
    • format: Paperback
    • isbn: 9780521038027
    • length: 252 pages
    • dimensions: 228 x 151 x 14 mm
    • weight: 0.387kg
    • contains: 51 b/w illus.
    • availability: Available
  • Table of Contents

    1. Games and solutions
    2. Idealizations
    3. Equilibrium
    4. Reasons and incentives
    5. Strategic equilibrium
    6. Finding equilibria
    7. Applications
    8. Other standards for solutions

  • Author

    Paul Weirich, University of Missouri, Columbia

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