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Beyond Individual Choice: Teams and Frames in Game Theory

  • Livre Relié
  • 214 Nombre de pages
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Game theory is central to modern understandings of how people deal with problems of coordination and cooperation. Yet, ironically,... Lire la suite
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Game theory is central to modern understandings of how people deal with problems of coordination and cooperation. Yet, ironically, it cannot give a straightforward explanation of some of the simplest forms of human coordination and cooperation. This book proposes a revision of game theory that resolves these problems.


Michael Bacharach (1936 - 2002) was Professor of Economics at Oxford University, where he was also Director of the Bounded Rationality in Economic Behavior Research Unit. His books included the present work, which he was completing at the time of his death in 2002, and Economics and the Theory of Games. Natalie Gold is a Postdoctoral Fellow in the Philosophy, Probability, and Modeling Group at the University of Konstanz. Robert Sugden, Professor of Economics at the University of East Anglia, Norwich, is the author of The Economics of Rights, Cooperation and Welfare and the co-author of The Principles of Practical Cost-Benefit Analysis and The Theory of Choice.

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"In this highly original book Michael Bacharach aims right at the foundations of game theory by challenging its narrow and individualistic rationality assumptions. While retaining all of the theory's analytical force, he shows how we can incorporate into it broader psychological mechanisms such as frames, social identities, and salience, producing a tool capable of biting deeper and wider into real-world social phenomena. For years to come this book will sharpen the thinking of economists. All social scientists who strive to make sense of social behavior, even those hitherto suspicious of game theory, will find it a treasure trove of inspiration."--Diego Gambetta, Professor of Sociology and Official Fellow, Nuffield College, University of Oxford

"Michael Bacharach is best known as the creator of the epistemological approach to game theory. He died while working on an equally creative project that aimed at understanding the psychology of human coordination processes. Gold and Sugden are to be congratulated on working up the notes he left behind into a book that captures the kind of intellectual adventure that Bacharach loved so much."--Ken Binmore, Emeritus Professor of Economics, University College London, author of "Game Theory and the Social Contract, Vol. I" and "Vol. II"

""Beyond Individual Choice" addresses an important topic in game theory, namely, the type of reasoning that leads to coordination and cooperation in common interest games. It offers sensible and creative solutions to problems of strategic reasoning and thereby makes an excellent contribution to the foundations of game theory. The editors have done a fine job with Michael Bacharach's work; their perspectivescomplement his and add both unity and depth to the volume. Economists, psychologists, and philosophers will welcome the book, which is accessible to students of game theory in each of those disciplines."--Paul Weirich, Professor of Philosophy, University of Missouri, author of


List of Illustrations vii List of Tables ix Foreword xi Preface xiii Introduction 1 Chapter 1: The Hi-Lo Paradox 35 Chapter 2: Groups 69 Chapter 3: The Evolution of Group Action 95 Chapter 4: Team Thinking 120 Conclusion 155 References 203 Index 211

Informations sur le produit

Titre: Beyond Individual Choice: Teams and Frames in Game Theory
Code EAN: 9780691120058
ISBN: 978-0-691-12005-8
Format: Livre Relié
Editeur: Princeton Univ Pr
Genre: Généralités et lexiques
nombre de pages: 214
Poids: 481g
Taille: H240mm x B165mm x T21mm
Année: 2006


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