Modeling Rational Agents: From Interwar Economics to Early Modern Game Theory

Modeling Rational Agents: From Interwar Economics to Early Modern Game Theory

by Nicola Giocoli
     
 

ISBN-10: 1840648686

ISBN-13: 9781840648683

Pub. Date: 01/01/2003

Publisher: Elgar, Edward Publishing, Inc.

The book explores the evolution, through the first half of the 20th century, of the key neoclassical concept of rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of perfect foresight and analyses the first game-theoretic solution concepts of von Neumann and Nash.

Modeling Rational Agents will

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Overview

The book explores the evolution, through the first half of the 20th century, of the key neoclassical concept of rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of perfect foresight and analyses the first game-theoretic solution concepts of von Neumann and Nash.

Modeling Rational Agents will be of great interest to scholars of the history of economic thought and method, as well as all those working in the field of game and decision theory.

Product Details

ISBN-13:
9781840648683
Publisher:
Elgar, Edward Publishing, Inc.
Publication date:
01/01/2003
Pages:
464
Product dimensions:
6.13(w) x 9.25(h) x (d)

Table of Contents

Acknowledgments
1Introduction: Two Images of Economics1
2The Escape from Psychology41
3The Escape from Perfect Foresight135
Interlude201
4Von Neumann and Morgenstern's Game Theory211
5Nash's Game Theory295
6Conclusion: The Fall and Rise of Modern Game Theory341
References411
Index443

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