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Game theory and economic modelling

By: Material type: TextTextPublication details: New York; Clarendon; 1990Description: 195 pISBN:
  • 198283571
Subject(s): DDC classification:
  • 330.1543 KRE
Summary: Over the past two decades, academic economics has undergone a mild revolution in methodology. The language, concepts and techniques of non-cooperative game theory have become central to the discipline. This book looks at why game theory has become such a popular method of analysis. It examines the deficiencies in this approach and goes on to consider whether its popularity will fade or whether it will remain an important tool for economists. The book will be useful for all those interested in the applications of game theory to economics, from undergraduates to academics
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Over the past two decades, academic economics has undergone a mild revolution in methodology. The language, concepts and techniques of non-cooperative game theory have become central to the discipline. This book looks at why game theory has become such a popular method of analysis. It examines the deficiencies in this approach and goes on to consider whether its popularity will fade or whether it will remain an important tool for economists.
The book will be useful for all those interested in the applications of game theory to economics, from undergraduates to academics

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