The Theory of Learning in Games

by Drew Fudenberg

Book Overview

In economics, most noncooperative game theory has focused on equilibrium in games, especially Nash equilibrium and its refinements. The traditional explanation for when and why equilibrium arises is that it results from analysis and introspection by the players in a situation where the rules of the game, the rationality of the players, and the players' payoff functions are all common knowledge. Both conceptually and empirically, this theory has...

• Format: Paperback
• Language: English
• ISBN: 0262529246
• ISBN13: 9780262529242
• Release Date: June 1998
• Publisher: MIT Press
• Length: 294 Pages
• Weight: 0.96 lbs.
• Dimensions: 0.7" x 6.0" x 9.0"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher