N Person Game Theory

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N-Person Game Theory

Author: Anatol Rapoport
language: en
Publisher: Courier Corporation
Release Date: 2013-06-17
DIVSequel to Two-Person Game Theory introduces necessary mathematical notation (mainly set theory), presents basic concepts and models, and provides applications to social situations. /div
N-person Game Theory

Author: Anatol Rapoport
language: en
Publisher: Courier Corporation
Release Date: 2001-01-01
N-person game theory provides a logical framework for analyzing contests in which there are more than two players or sets of conflicting interests-anything from a hand of poker to the tangled web of international relations. In this sequel to his Two-Person Game Theory, Dr. Rapoport provides a fascinating and lucid introduction to the theory, geared towards readers with little mathematical background but with an appetite for rigorous analysis. Following an introduction to the necessary mathematical notation (mainly set theory), in Part I the author presents basic concepts and models, including levels of game-theoretic analysis, individual and group rationality, the Von Neumann-Morgenstern solution, the Shapley value, the bargaining set, the kernel, restrictions on realignments, games in partition function form, and Harsanyi's bargaining model. In Part II he delves into the theory's social applications, including small markets, large markets, simple games and legislatures, symmetric and quota games, coalitions and power, and more. This affordable new edition will be welcomed by economists, political scientists, historians, and anyone interested in multilateral negotiations or conflicts, as well as by general readers with an interest in mathematics, logic, or games.
Theory of Games and Economic Behavior

This is the classic work upon which modern-day game theory is based. What began as a modest proposal that a mathematician and an economist write a short paper together blossomed, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences.