309 pages. "Evolutionary game theory is one of the most active and rapidly growing areas of research in economics. Unlike traditional game theory models, which assume that all players are fully rational and have complete knowledge of details of the game, evolutionary models assume that people choose their strategies through a trial-and-error learning process in which they gradually discover that some strategies work better than others." FINE HARDCOVER, FINE DUST JACKET. Size: 8vo - over 7�" - 9�" tall.

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Titolo: EVOLUTIONARY GAMES AND EQUILIBRIUM SELECTION.
Editore: MIT Press:
Data di pubblicazione: 1997
Lingua: Inglese
ISBN 10: 0262193825
ISBN 13: 9780262193825
Rilegatura: Hard Cover
Condizione: Fine
Condizione della sovraccoperta: Fine

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Examines the interplay between evolutionary game theory and the equilibrium selection problem in noncooperation games. After providing an overview of the basic issues of game theory and a presentation of the basic models, the text addresses evolutionary stability, the dynamics of sample paths, the ultimatum game, drift, noise, backward and forward induction, and strict Nash equilibria. Annotation c. by Book News, Inc., Portland, Or.

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