In Game Theory and the Social Contract , Ken Binmore argues that game theory provides a systematic tool for investigating ethical matters. His reinterpretation of classical social contract ideas within a game-theoretic framework generates new insights...
This volume explores from multiple perspectives the subtle and interesting relationship between the theory of rational choice and Darwinian evolution. In rational choice theory, agents are assumed to make choices that maximize their utility; in evolution,...
Wenn Menschen mit anderen Menschen zu tun haben, verhalten sie sich meist auf eine bestimmte, genau beschreibbare Weise: Unter der Voraussetzung, dass sie rational handeln, spielen sie jeweils ein Spiel nach bestimmten Regeln. Solches geschieht immer dann...
It is widely held that Bayesian decision theory is the final word on how a rational person should make decisions. However, Leonard Savage--the inventor of Bayesian decision theory--argued that it would be ridiculous to use his theory outside the kind of...
Games are everywhere: Drivers maneuvering in heavy traffic are playing a driving game. Bargain hunters bidding on eBay are playing an auctioning game. The supermarket's price for corn flakes is decided by playing an economic game. This Very Short Introduc...
Annotation The pebbles used in ancient abacuses gave their name to the calculus, which today is a fundamental tool in business, economics, engineering and the sciences. This introductory book takes readers gently from single to multivariate calculus and...