000 01490nam a2200277 a 4500
008 020813s 000 0 eng d
020 _a0198283814
020 _a9780198283812
040 _aCBNCAT
050 _aHB144
_bK73 1990
082 _a330'01'5118
_bKRE
100 1 _aKreps, David M.
245 1 0 _aGame theory and economic modelling /
260 _aOxford :
_bClarendon Press; New York; Oxford University Press,
_cc1990.
300 _aviii, 195p. :
440 _aClarendon lectures in economics
504 _a.Includes bibliographical references (p 187-191) and index
520 _aThis book is based on a series of lectures given at Oxford, and comments on this use of non‐cooperative game theory. After providing a non technical introduction to the basic ideas of non cooperative game theory, the book discusses: (1) how and why game theory has been a success because it permits economists to model and analyse situations of dynamic competition and where private information plays an important role; (2) how and why the theory has failed to provide an understanding of when it (and equilibrium analysis) applies, when not, and what to do when not; and (3) how its weaknesses might be addressed—by considering individuals who are imperfectly rational and learn adaptively.
590 _aosa 16/06/15
591 _aLoans
650 0 _aGame theory
650 _aEconometric models
650 _aCompetition
942 _2ddc
_cBOOK
949 _a330.01'5118 KRE
999 _c2453
_d2453