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Vanderschraaf develops a new theory of game theory equilibrium selection in this book. The new theory defends general correlated equilibrium concepts and suggests a new analysis of convention.
Table of Contents1. Social Interactions and Principles of Rational Decision; 1.0 Introduction; 1.1 Examples of Social Coordination Problems; 1.2 Noncooperative Games; 1.3 Nash Equilibrium; 1.4 Examples Revisited; 1.5 Equilibrium-in-Beliefs; 1.6 Conclusions; 2. Rationalizability and Correlated Equlibrium Concepts; 2.0 Introduction; 2.1 Rationalizability; 2.3 Correlated Equilibrium Concepts; 3. Equilibrium Selection via Inductive Dynamic Deliberation; 3.0 Introduction; 3.1 The Dirichlet Rule; 3.2 Inductive Deliberation with Endogenous Correlation; 3.3 Correlating With Stages of the World; 3.4 Dirichlet Dynamics With Imperfect Memory; 3.5 Random Sampling Dirichlet Deliberation; 3.6 Deliberators With Variable States; 4. The Emergence of Social Convention; 4.0 Introduction; 4.1 Lewis' Characterization of Conventions; 4.2 Convention as Correlated Equilibrium; 4.3 Dynamical Explanations of Conventions; References; Index