Search results for ""Author Ken Binmore""
Oxford University Press Natural Justice
Book SynopsisThis book lays out foundations for a science of morals. Binmore uses game theory as a systematic tool for investigating ethical matters. He reinterprets classical social contract ideas within a game-theory framework and generates new insights into the fundamental questions of social philosophy. In contrast to the previous writing in moral philosophy that relied on vague notion such as societal well-being and moral duty, Binmore begins with individuals; rational decision-makers with the ability to emphasize with one another. Any social arrangement that prescribes them to act against their interests will become unstable and eventually will be replaced by another, until one is found that includes worthwhile actions for all individuals involved.Trade Reviewa worthwhile addition to the growing literature on the evolution and nature of fairness norms. * William F. Harms, Philosophy in Review *Table of ContentsPREFACE; BIBLIOGRAPHY; INDEX
£37.52
Reclam Philipp Jun. Spieltheorie
Book Synopsis
£8.60
Oxford University Press Game Theory
Book SynopsisGames are played everywhere: from economics and online auctions to social interactions, and game theory is about how to play such games in a rational way, and how to maximize their outcomes. This VSI reveals, without mathematical equations, the insights the theory can bring to everything from how to play poker optimally to the sex ratio among bees.Table of ContentsPreface ; 1. The Name of the Game ; 2. Chance ; 3. Time ; 4. Convention ; 5. Reciprocity ; 6. Information ; 7. Auctions ; 8. Biology ; 9. Bargaining and Coalitions ; 10. Puzzles and Paradoxes
£9.49
John Wiley and Sons Ltd Economic Organizations as Games
Book SynopsisEconomists have in recent years found the theory of games to be an attractive route for exploring imperfectly competitive markets. In this collection of articles, some of the best minds in contemporary economics on both sides of the Atlantic xplore both the potential and the limitations of this theoretical framework.Trade Review"This volume brings together a number of important recent papers on game theory and its application to imperfect competition and incentives". Alan Brandenburger, Economica "Like all good collections, it has the virtue of providing the non-specialist with an up-to-date review of the literature. The book is well produced and contains a very good bibliography". R.Rothschild, British Book NewsTable of ContentsPart 1 Equilibrium theory: the existence of equilibrium in discontinuous economic games - theory, application, P.Dasgupta and E.Maskin. Part 2 Imperfect competition: on the rate of convergence of oligopoly equilibria in large markets - an example, P.Dasgupta and Y.Ushio; natural oligopolies, A.Shaked and J.Sutton; relaxing price competition through product differentiation, A.Shaked and J.Sutton; the theory of technological competition, P.Dasgupta; strategic considerations in invention and innovation - the case of natural resources, P.Dasgupta, R.Gilbert and J.E.Stiglitz. Part 3 The design of organisations: on the revelation principle under complete and incomplete information, R.Repullo; optimal incentive schemes with many agents, D.Mookherjee.
£44.60
Cambridge University Press Calculus Concepts and Metrhods
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£57.94
Princeton University Press Rational Decisions
Book SynopsisExplains the foundations of Bayesian decision theory and shows why Savage restricted the theory's application to small worlds. This title discusses the various philosophical attitudes related to the nature of probability and offers resolutions to paradoxes believed to hinder further progress.Trade Review"This short, ambitious book is intended to appeal to the presumed curiosity of economists, statisticians, and philosophers as to what constitutes rationality in scientific induction. Binmore, a game theorist aware of the daunting complexity of his subject matter for nonspecialists, has gone to great pains in making his work accessible, even offering marginal symbols to indicate the substantial portions of the text best avoided by readers lacking the author's appetite for mathematical data."--Choice "Rational Decisions contains a wealth of stimulating arguments and thought-provoking claims. It would be an excellent text for an advanced seminar in decision theory, particularly for students with a solid technical background. And no economist, philosopher or political scientist seriously interested in theories of rational decision-making can afford to ignore Binmore's controversial and iconoclastic claims."--Jose Luis Bermudez, Economics and Philosophy "[T]he book constitutes an interesting contribution to this area of research rewarding for philosophers, economists, psychologists, and mathematicians alike."--Reinhard Slick, Mathematical Reviews "It is an original and stimulating book. I enjoyed it very much, and expect that you may too."--Brian Skyrms, British Journal for Philosophy of ScienceTable of ContentsPreface ix Chapter 1: Revealed Preference 1 1.1 Rationality? 1 1.2 Modeling a Decision Problem 2 1.3 Reason Is the Slave of the Passions 3 1.4 Lessons from Aesop 5 1.5 Revealed Preference 7 1.6 Rationality and Evolution 12 1.7 Utility 14 1.8 Challenging Transitivity 17 1.9 Causal Utility Fallacy 19 1.10 Positive and Normative 22 Chapter 2: Game Theory 25 2.1 Introduction 25 2.2 What Is a Game? 25 2.3 Paradox of Rationality? 26 2.4 Newcomb's Problem 30 2.5 Extensive Form of a Game 31 Chapter 3: Risk 35 3.1 Risk and Uncertainty 35 3.2 Von Neumann and Morgenstern 36 3.3 The St Petersburg Paradox 37 3.4 Expected Utility Theory 39 3.5 Paradoxes from A to Z 43 3.6 Utility Scales 46 3.7 Attitudes to Risk 50 3.8 Unbounded Utility? 55 3.9 Positive Applications? 58 Chapter 4: Utilitarianism 60 4.1 Revealed Preference in Social Choice 60 4.2 Traditional Approaches to Utilitarianism 63 4.3 Intensity of Preference 66 4.4 Interpersonal Comparison of Utility 67 Chapter 5: Classical Probability 75 5.1 Origins 75 5.2 Measurable Sets 75 5.3 Kolmogorov's Axioms 79 5.4 Probability on the Natural Numbers 82 5.5 Conditional Probability 83 5.6 Upper and Lower Probabilities 88 Chapter 6: Frequency 94 6.1 Interpreting Classical Probability 94 6.2 Randomizing Devices 96 6.3 Richard von Mises 100 6.4 Refining von Mises' Theory 104 6.5 Totally Muddling Boxes 113 Chapter 7: Bayesian Decision Theory 116 7.1 Subjective Probability 116 7.2 Savage's Theory 117 7.3 Dutch Books 123 7.4 Bayesian Updating 126 7.5 Constructing Priors 129 7.6 Bayesian Reasoning in Games 134 Chapter 8: Epistemology 137 8.1 Knowledge 137 8.2 Bayesian Epistemology 137 8.3 Information Sets 139 8.4 Knowledge in a Large World 145 8.5 Revealed Knowledge? 149 Chapter 9: Large Worlds 154 9.1 Complete Ignorance 154 9.2 Extending Bayesian Decision Theory 163 9.3 Muddled Strategies in Game Theory 169 9.4 Conclusion 174 Chapter 10: Mathematical Notes 175 10.1 Compatible Preferences 175 10.2 Hausdorff's Paradox of the Sphere 177 10.3 Conditioning on Zero-Probability Events 177 10.4 Applying the Hahn-Banach Theorem 179 10.5 Muddling Boxes 180 10.6 Solving a Functional Equation 181 10.7 Additivity 182 10.8 Muddled Equilibria in Game Theory 182 References 189 Index 197
£999.99
Alianza Editorial La teoría de juegos una breve introducción
Book SynopsisEn toda interacción humana ?desde las relaciones personales o las partidas de naipes, hasta las grandes decisiones políticas o empresariales que afectan a millones de personas? puede considerarse presente el factor del juego, entendido como un escenario en el que hay que hacer una constante evaluación anticipada de riesgos y beneficios de cuya exactitud depende salir ganando, perdiendo o compensando. ?La teoría de juegos? estudia las posibles combinaciones y resultados que se pueden dar en cualquiera de estos ?juegos? siempre y cuando sus protagonistas actúen racional o previsiblemente. Escrita por Ken Binmore sin recurrir a ecuaciones matemáticas y de una forma accesible, esta breve introducción expone de forma sucinta todo lo que hay que saber para adentrarse en este campo omnipresente en nuestros días, pues, habiendo probado ya su utilidad en dominios como las ciencias y la economía, apunta asimismo a revelarla también en muchos otros, como pueden ser la psicología, la ética o la política. También en esta colección: ?El dilema del prisionero?, de William Poundstone.
£18.26
