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Game Theory and Economic Modelling - Paperback, by Kreps David M. - Good
US $5.91
ApproximatelyS$ 7.59
Condition:
Good
A book that has been read but is in good condition. Very minimal damage to the cover including scuff marks, but no holes or tears. The dust jacket for hard covers may not be included. Binding has minimal wear. The majority of pages are undamaged with minimal creasing or tearing, minimal pencil underlining of text, no highlighting of text, no writing in margins. No missing pages.
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Located in: Philadelphia, Pennsylvania, United States
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eBay item number:126977388439
Item specifics
- Condition
- Book Title
- Game Theory and Economic Modelling (Clarendon Lectures in Economi
- ISBN
- 0198283814
About this product
Product Identifiers
Publisher
Oxford University Press, Incorporated
ISBN-10
0198283814
ISBN-13
9780198283812
eBay Product ID (ePID)
67647
Product Key Features
Number of Pages
208 Pages
Publication Name
Game Theory and Economic Modelling
Language
English
Subject
Game Theory, Econometrics
Publication Year
1990
Type
Textbook
Subject Area
Mathematics, Business & Economics
Series
Clarendon Lectures in Economics Ser.
Format
Uk-Trade Paper
Dimensions
Item Height
0.6 in
Item Weight
9.5 Oz
Item Length
8.5 in
Item Width
5.4 in
Additional Product Features
Intended Audience
College Audience
Dewey Edition
20
Reviews
'a book I could not put down ... the exposition is remarkably clear' Journal of Economic Perspectives, 'Kreps has written a book that makes a sincere attempt to demystify game theory for the uninitiated and set the stage for a serious appraisal of the scope and limitations of game theory ... it does manage to convey a flavour of the excitement that comes from grappling with strategic behaviour,and hopefully should convince the reader with an open mind that game theoretic questions and applications are abstractions of relevant economic issues.'Anindya Sen, Economic and Political Weekly, Vol XXVII No 14 April 4, 1992, 'I view Krep's discussions in the book as both interesting and helpful in describing certain key weaknesses of standard game theory.'Ronald Heiner, George Mason University, Constitutional Political Economy, Vol. 3, No. 1, 1992, 'Will rapidly be established as a basic reference for students and their teachers ... even the less mathematically inclined economists will find much to gain from the application of new game theory techniques in economics.' Scottish Journal of Political Economy, 'fascinating little book' Jean Tirole, Journal of Economic Literature'a book I could not put down ... the exposition is remarkably clear' Journal of Economic Perspectives'Will rapidly be established as a basic reference for students and their teachers ... even the less mathematically inclined economists will find much to gain from the application of new game theory techniques in economics.' Scottish Journal of Political Economy'It is partly a measure of how much macroeconomics has ceased to be a separate subject from microeconomics that workers in my field will now find so much to interest them in this book. It is more a measure of how engaging this book is.'Thomas J. Sargent, University of Chicago, Journal of Political Economy'The writing is in a very personalised style. Though the book is putatively for the novice, or less formally trained reader, the presentation and the level of the debate does make certain demands. It nevertheless is frontline stuff.'Economics Times, April 1992'I view Krep's discussions in the book as both interesting and helpful in describing certain key weaknesses of standard game theory.'Ronald Heiner, George Mason University, Constitutional Political Economy, Vol. 3, No. 1, 1992'Kreps has written a book that makes a sincere attempt to demystify game theory for the uninitiated and set the stage for a serious appraisal of the scope and limitations of game theory ... it does manage to convey a flavour of the excitement that comes from grappling with strategic behaviour, and hopefully should convince the reader with an open mind that game theoretic questions and applications are abstractions of relevant economic issues.'Anindya Sen, Economic and Political Weekly, Vol XXVII No 14 April 4, 1992, 'The writing is in a very personalised style. Though the book is putatively for the novice, or less formally trained reader, the presentation and the level of the debate does make certain demands. It nevertheless is frontline stuff.'Economics Times, April 1992, 'It is partly a measure of how much macroeconomics has ceased to be a separate subject from microeconomics that workers in my field will now find so much to interest them in this book. It is more a measure of how engaging this book is.'Thomas J. Sargent, University of Chicago, Journal of Political Economy
Illustrated
Yes
Dewey Decimal
330.015193
Table Of Content
Introduction1. The standard2. Basic notions of noncooperative game theory3. The successes of game theory4. The problems of game theory5. Bounded rationality and retrospectionBibliographyIndex
Synopsis
This book examines why game theory has become such a popular tool of analysis. It investigates the deficiencies in this methodology and goes on to consider whether its popularity will fade or remain an important tool for economists. The book provides the reader with some basic concepts from noncooperative theory, and then goes on to explore the strengths, weaknesses, and future of the theory as a tool of economic modelling and analysis. All those interested in the applications of game theory to economics, from undergraduates to academics will find this study of particular value., Over the past two decades, academic economics has undergone a mild revolution in methodology. The language, concepts and techniques of noncooperative game theory have become central to the discipline.This book provides the reader with some basic concepts from noncooperative theory, and then goes on to explore the strengths, weaknesses, and future of the theory as a tool of economic modelling and analysis. The central theses are that noncooperative game theory has been a remarkably popular tool in economics over the past decade because it allows analysts to capture essential features of dynamic competition and competition where some parties have proprietary information. The theory is weakest in providing a sense of when it - and equilibrium analysis in particular - can be applied and what to do when equilibrium analysis is inappropriate. Many of these weaknesses can be addressed by the consideration of individuals who are boundedly rational and learn imperfectly from the past.Written in a non-technical style and working by analogy, the book, first given as part of the Clarendon Lectures in Economics, is readily accessible to a broad audience and will be of interest to economists and students alike. Knowledge of game theory is not required as the concepts are developed as the book progresses., The advent of noncooperative game theory over the past two decades has brought about a mild revolution in economics. This book presents an accessible, non-technical discussion of the basic concepts from noncooperative theory, and explores the strengths, weaknesses, and future of the theory as a tool for economists., Over the past two decades, academic economics has undergone a mild revolution in methodology. The language, concepts and techniques of noncooperative game theory have become central to the discipline. This book provides the reader with some basic concepts from noncooperative theory, and then goes on to explore the strengths, weaknesses, and future of the theory as a tool of economic modelling and analysis. The central theses are that noncooperative game theory has been a remarkably popular tool in economics over the past decade because it allows analysts to capture essential features of dynamic competition and competition where some parties have proprietary information. The theory is weakest in providing a sense of when it - and equilibrium analysis in particular - can be applied and what to do when equilibrium analysis is inappropriate. Many of these weaknesses can be addressed by the consideration of individuals who are boundedly rational and learn imperfectly from the past. Written in a non-technical style and working by analogy, the book, first given as part of the Clarendon Lectures in Economics, is readily accessible to a broad audience and will be of interest to economists and students alike. Knowledge of game theory is not required as the concepts are developed as the book progresses.
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- m***i (103)- Feedback left by buyer.Past 6 monthsVerified purchaseVery good condition! Like a new book for a great price!
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Popular categories from this store
Seller feedback (182,584)
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- m***i (103)- Feedback left by buyer.Past 6 monthsVerified purchaseVery good condition! Like a new book for a great price!
- i***j (480)- Feedback left by buyer.Past monthVerified purchaseBook arrived on time n just as described. 100 percent satisfied.
- a***m (121)- Feedback left by buyer.Past monthVerified purchaseBoth books arrived on time and as described. Excellent condition. Would absolutely buy from this seller again. Thanks very much.
- a***m (121)- Feedback left by buyer.Past monthVerified purchaseBoth books arrived on time and as described. Excellent condition. Would absolutely buy from this seller again. Thanks very much.