Rational Behavior And Bargaining Equilibrium In Games And Social Situations

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Rational Behavior and Bargaining Equilibrium in Games and Social Situations

John C. Harsanyi
Rational Behavior and Bargaining Equilibrium in Games and Social Situations Book PDF

Author : John C. Harsanyi
Publisher : CUP Archive
Page : 340 pages
File Size : 46,6 Mb
Release : 1986
Category : Decision-making
ISBN : 0521311837

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Rational Behavior and Bargaining Equilibrium in Games and Social Situations by John C. Harsanyi Pdf

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

John C. Harsanyi
Rational Behaviour and Bargaining Equilibrium in Games and Social Situations Book PDF

Author : John C. Harsanyi
Publisher : Cambridge University Press
Page : 352 pages
File Size : 46,6 Mb
Release : 1977-10-01
Category : Business & Economics
ISBN : 0521208866

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Rational Behaviour and Bargaining Equilibrium in Games and Social Situations by John C. Harsanyi Pdf

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

J.C. Harsanyi
Papers in Game Theory Book PDF

Author : J.C. Harsanyi
Publisher : Springer Science & Business Media
Page : 264 pages
File Size : 54,8 Mb
Release : 2013-03-09
Category : Philosophy
ISBN : 9789401725279

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Papers in Game Theory by J.C. Harsanyi Pdf

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.

Game Theory and Behavior

Jeffrey Carpenter,Andrea Robbett
Game Theory and Behavior Book PDF

Author : Jeffrey Carpenter,Andrea Robbett
Publisher : MIT Press
Page : 725 pages
File Size : 50,9 Mb
Release : 2022-12-06
Category : Mathematics
ISBN : 9780262371254

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Game Theory and Behavior by Jeffrey Carpenter,Andrea Robbett Pdf

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.

Ethics, Rationality, and Economic Behaviour

Francesco Farina,Frank Hahn,Stefano Vannucci
Ethics Rationality and Economic Behaviour Book PDF

Author : Francesco Farina,Frank Hahn,Stefano Vannucci
Publisher : Oxford University Press
Page : 370 pages
File Size : 53,9 Mb
Release : 1996
Category : Business & Economics
ISBN : 0198289812

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Ethics, Rationality, and Economic Behaviour by Francesco Farina,Frank Hahn,Stefano Vannucci Pdf

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

Torsten Persson
Economic Sciences 1991 1995 Book PDF

Author : Torsten Persson
Publisher : World Scientific
Page : 284 pages
File Size : 47,7 Mb
Release : 1997
Category : Business & Economics
ISBN : 9810230605

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Economic Sciences, 1991-1995 by Torsten Persson Pdf

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

W. Leinfellner,Eckehart Köhler
Game Theory Experience Rationality Book PDF

Author : W. Leinfellner,Eckehart Köhler
Publisher : Springer Science & Business Media
Page : 461 pages
File Size : 44,6 Mb
Release : 2013-06-29
Category : Business & Economics
ISBN : 9789401716543

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Game Theory, Experience, Rationality by W. Leinfellner,Eckehart Köhler Pdf

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.

Bounded Rational Behavior in Experimental Games and Markets

Reinhard Tietz,Wulf Albers,Reinhard Selten
Bounded Rational Behavior in Experimental Games and Markets Book PDF

Author : Reinhard Tietz,Wulf Albers,Reinhard Selten
Publisher : Springer Science & Business Media
Page : 369 pages
File Size : 51,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642483561

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Bounded Rational Behavior in Experimental Games and Markets by Reinhard Tietz,Wulf Albers,Reinhard Selten Pdf

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.

Encyclopedia of Power

Keith Dowding
Encyclopedia of Power Book PDF

Author : Keith Dowding
Publisher : SAGE
Page : 785 pages
File Size : 54,5 Mb
Release : 2011-02
Category : Political Science
ISBN : 9781412927482

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Encyclopedia of Power by Keith Dowding Pdf

Collects 381 entries that discuss political science, international relations, and sociology.

Rational Interaction

Reinhard Selten
Rational Interaction Book PDF

Author : Reinhard Selten
Publisher : Springer Science & Business Media
Page : 427 pages
File Size : 55,5 Mb
Release : 2013-03-09
Category : Mathematics
ISBN : 9783662096642

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Rational Interaction by Reinhard Selten Pdf

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

Paul Erickson
The World the Game Theorists Made Book PDF

Author : Paul Erickson
Publisher : University of Chicago Press
Page : 397 pages
File Size : 47,9 Mb
Release : 2015-11-04
Category : Business & Economics
ISBN : 9780226097176

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The World the Game Theorists Made by Paul Erickson Pdf

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

Julian Nida-Rümelin,W. Spohn
Rationality Rules and Structure Book PDF

Author : Julian Nida-Rümelin,W. Spohn
Publisher : Springer Science & Business Media
Page : 215 pages
File Size : 51,9 Mb
Release : 2013-04-17
Category : Philosophy
ISBN : 9789401596169

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Rationality, Rules, and Structure by Julian Nida-Rümelin,W. Spohn Pdf

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

David V. Budescu,Ido Erev,Rami Zwick
Games and Human Behavior Book PDF

Author : David V. Budescu,Ido Erev,Rami Zwick
Publisher : Psychology Press
Page : 448 pages
File Size : 55,8 Mb
Release : 2019-06-13
Category : Psychology
ISBN : 9781317778455

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Games and Human Behavior by David V. Budescu,Ido Erev,Rami Zwick Pdf

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.

Rationality in Social Science

Ivar Krumpal,Werner Raub,Andreas Tutić
Rationality in Social Science Book PDF

Author : Ivar Krumpal,Werner Raub,Andreas Tutić
Publisher : Springer Nature
Page : 296 pages
File Size : 46,9 Mb
Release : 2021-09-02
Category : Social Science
ISBN : 9783658335366

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Rationality in Social Science by Ivar Krumpal,Werner Raub,Andreas Tutić Pdf

The concept of rationality and its significance for theory and empirical research in social science are key topics of scholarly discussion. In the tradition of an analytical as well as empirical approach in social science, this volume assembles novel contributions on methodological foundations and basic assumptions of theories of rational choice. The volume highlights the use of rational choice assumptions for research on fundamental problems in social theory such as the emergence, dynamics, and effects of social norms and the conditions for cooperation and prosociality.

Game Equilibrium Models II

Reinhard Selten
Game Equilibrium Models II Book PDF

Author : Reinhard Selten
Publisher : Springer Science & Business Media
Page : 377 pages
File Size : 53,5 Mb
Release : 2013-04-18
Category : Business & Economics
ISBN : 9783662073650

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Game Equilibrium Models II by Reinhard Selten Pdf

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.