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Game Theory and the Law

By Eric B. Rasmusen (Editor)
Hardcover
$216.50
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By Eric B. Rasmusen (Editor)
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Game Theory and the Law is a collection of previously published articles in which ideas from game theory and the economics of asymmetric information are applied to legal issues. Game theory's method is to simplify a situation by describing it in terms of players, actions, payoffs, after which the players' strategic interactions can be described. Whether used explicitly or implicitly, this is a highly useful approach to law. This important volume collects together the classic articles on the...

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