Foundations of Non-Cooperative Game Theory (Paperback)

Sprache: Englisch

Verlag: Oxford University Press, Oxford, 2002

0199247862 / 9780199247868

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Paperback. This textbook brings together the main developments in non-cooperative game theory from the 1950s to the present. After opening with a number of lively examples, Ritzberger starts by considering the theory of decisions under uncertainty. He then turns to representations of games, first introducing extensive forms and then normal forms. The remainder of the text is devoted to solution theory, going from basic solution concepts like rationalizable strategies, Nashequilibrium, and correlated equilibrium to refinements of Nash equilibrium.Foundations of Non-Cooperative Game Theory covers all material relevant for a first graduate course in gametheory, plus some issues only touched on by other texts. In particular, this book contains an in-depth discussion of perfect recall and related concepts, including a proof of Kuhn's theorem. It provides an introduction to the Thompson transformations for extensive forms, and a section on the reflection of extensive form structures in normal form games. In addition to the standard material on basic solution concepts, strategy subsets closed under rational behavior are covered, as well as fixedsets under the best-reply correspondence. Refinements of Nash equilibrium driven by backwards induction in the extensive form or by strategy trembles in the normal form are presented, and strategicstability, the geometry of the Nash equilibrium correspondence, and index theory for Nash equilibrium components are discussed in depth.Ritzberger provides numerous examples and exercises to aid the reader's understanding, most of which are motivated by applications of game theory in economics. While advanced mathematical machinery is used on occasions, an effort has been made to include as many explanations for formal concepts as possible, making this text an invaluabletool for teachers, students, and researchers of microeconomics and game theory. This textbook offers a comprehensive overview of the main developments in game theory since the 1950s. It provides a wide variety of examples and exercises, mostly drawn from applications in economics, to illustrate key concepts and ideas in the field. The book will be an invaluable reference tool for teachers, students, and researchers of microeconomics and game theory. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…

Bestandsnummer des Verkäufers 9780199247868

Titel
Foundations of Non-Cooperative Game Theory (Paperback)
Autor
Klaus Ritzberger
Verlag
Oxford University Press, Oxford
Erscheinungsjahr
2002
Zustand
new
Einband
Paperback
Sprache
Englisch
ISBN-10
0199247862
ISBN-13
9780199247868

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