A General Theory of Equilibrium Selection in Games

A General Theory of Equilibrium Selection in Games
Title A General Theory of Equilibrium Selection in Games PDF eBook
Author John C. Harsanyi
Publisher Mit Press
Total Pages 378
Release 1988
Genre Business & Economics
ISBN 9780262582384

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The authors, two of the most prominent game theorists of this generation, have devoted a number of years to the development of the theory presented here, and to its economic applications. They propose rational criteria for selecting one particular uniformly perfect equilibrium point as the solution of any noncooperative game. And, because any cooperative game can be remodelled as a noncooperative bargaining game, their theory defines a one-point solution for any cooperative game as well.By providing solutions - based on the same principles of rational behavior - for all classes of games, both cooperative and noncooperative, both those with complete and with incomplete information, Harsanyi and Selten's approach achieves a remarkable degree of theoretical unification for game theory as a whole and provides a deeper insight into the nature of game-theoretic rationality.The book applies this theory to a number of specific game classes, such as unanimity games; bargaining with transaction costs; trade involving one seller and several buyers; two-person bargaining with incomplete information on one side, and on both sides. The last chapter discusses the relationship of the authors' theory to other recently proposed solution concepts, particularly the Kohberg-Mertens stability theory.John C. Harsanyi is Flood Research Professor in Business Administration and Professor of Economics, University of California, Berkeley. Reinhard Selten is Professor of Economics Institute of Social and Economic Sciences: University of Bonn, Federal Republic of Germany.

A General Theory of Equilibrium Selection in Games

A General Theory of Equilibrium Selection in Games
Title A General Theory of Equilibrium Selection in Games PDF eBook
Author John C. Harsanyi
Publisher
Total Pages 66
Release 1986
Genre
ISBN

Download A General Theory of Equilibrium Selection in Games Book in PDF, Epub and Kindle

A General Theory of Equilibrium Selection in Games

A General Theory of Equilibrium Selection in Games
Title A General Theory of Equilibrium Selection in Games PDF eBook
Author John C. Harsanyi
Publisher
Total Pages 0
Release 1982
Genre Decision making
ISBN

Download A General Theory of Equilibrium Selection in Games Book in PDF, Epub and Kindle

A General Theory of Equilibrium Selection in Games

A General Theory of Equilibrium Selection in Games
Title A General Theory of Equilibrium Selection in Games PDF eBook
Author John C. Harsanyi
Publisher
Total Pages 186
Release 1982
Genre Decision making
ISBN

Download A General Theory of Equilibrium Selection in Games Book in PDF, Epub and Kindle

A General Theory of Equilibrium Selection in Games

A General Theory of Equilibrium Selection in Games
Title A General Theory of Equilibrium Selection in Games PDF eBook
Author John C. Harsanyi
Publisher
Total Pages 15
Release 1984
Genre Game theory
ISBN

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A General Theory of Equilibrium Selection in Games. Chapter 2: Games in Standard Form

A General Theory of Equilibrium Selection in Games. Chapter 2: Games in Standard Form
Title A General Theory of Equilibrium Selection in Games. Chapter 2: Games in Standard Form PDF eBook
Author John C. Harsanyi
Publisher
Total Pages
Release 1980
Genre
ISBN

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A General Theory of Equilibrium Selection in Games

A General Theory of Equilibrium Selection in Games
Title A General Theory of Equilibrium Selection in Games PDF eBook
Author John C. Harsanyi
Publisher
Total Pages 29
Release 1984
Genre Game theory
ISBN

Download A General Theory of Equilibrium Selection in Games Book in PDF, Epub and Kindle