Vidal's libraryTitle: | Modeling Rational Players, part I |
Author: | Ken Binmore |
Journal: | Economics and Philosophy |
Volume: | 3 |
Pages: | 179-214 |
Year: | 1987 |
Abstract: | Game theory has proved a useful tool in the study of simple economic models. However, numerous foundational issues remain unresolved. The situation is particularly confusing in respect of the non-cooperative analysis of games with some dynamic structure in which the choice of one move or another during the play of the game may convey valuable information to the other players. Without pausing for breath, it is easy to name at least 10 rival equilibrium notioins for which a serious case can be made that here is the right solution concept for such games.It is not the purpose of this paper to survey the various contendeds. The purpose is rather to question some of the shibboleths that underlie current game-theoretic research and that seem to me to obstruct further progress. |
Cited by 128 - Google Scholar
@Article{binmore87a,
author = {Ken Binmore},
title = {Modeling Rational Players, part {I}},
journal = {Economics and Philosophy},
year = 1987,
volume = {3},
pages = {179-214},
abstract = {Game theory has proved a useful tool in the study of
simple economic models. However, numerous
foundational issues remain unresolved. The situation
is particularly confusing in respect of the
non-cooperative analysis of games with some dynamic
structure in which the choice of one move or another
during the play of the game may convey valuable
information to the other players. Without pausing
for breath, it is easy to name at least 10 rival
equilibrium notioins for which a serious case can be
made that here is the right solution concept for
such games.It is not the purpose of this paper to
survey the various contendeds. The purpose is rather
to question some of the shibboleths that underlie
current game-theoretic research and that seem to me
to obstruct further progress.},
keywords = {game-theory},
googleid = {5jEK-Pm9m8wJ:scholar.google.com/},
cluster = {14743586686433374694}
}
Last modified: Wed Mar 9 10:13:45 EST 2011