Recent Developments In Game Theory
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Recent Developments in Game Theory
This book reviews the developments og game theoretic concepts during the last decade. It evaluates the most recent research on bounded rationality and automata, on signalling games and on the role of learning in game theory. It also presents material on major applications including market institutions and optimal contract forms under asymmetric information, the implications of strategic information transmission, and evolutionary game theory with its potential to overcome the famous prisoners ̀dilemma problem.
Recent Developments in Game Theory
During the 1980s, economic theory was revolutionized by game theory. The game theory approach is now widely used, becoming a major tool in the construction of a modern theory of industrial organization. This is a collection of papers on the development and application of game theory in economics.
Recent Developments in the Theory of Industrial Organization
New forms of organisation and market behaviour are emerging to replace and reshape older forms. This has produced great uncertainty in industrial organization theory. The purpose of this volume is to review and present some of the new approaches developed in industrial organization. The material is organised into four sections: recent approaches to Industrial Organisation, the behaviour of individual firms and the characteristics of industrial systems as a whole, new theories of the firm and market structure and technical progress and market structure - some special issues.