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Springer Series in Game Theory

The Theory of Extensive Form Games

Authors: Alós-Ferrer, Carlos, Ritzberger, Klaus

  • Addresses extensive form games in full generality without any finiteness assumptions
  • Synthesizes earlier approaches to the representation of extensive form games
  • Includes numerous examples and illustrations that help to develop intuition
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eBook £67.99
price for United Kingdom (gross)
  • ISBN 978-3-662-49944-3
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover £86.00
price for United Kingdom (gross)
  • ISBN 978-3-662-49942-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book treats extensive form game theory in full generality. It provides a framework that does not rely on any finiteness assumptions at all, yet covers the finite case. The presentation starts by identifying the appropriate concept of a game tree. This concept represents a synthesis of earlier approaches, including the graph-theoretical and the decision-theoretical ones. It then provides a general model of sequential, interpersonal decision making, called extensive decision problems. Extensive forms are a special case thereof, which is such that all strategy profiles induce outcomes and do so uniquely. Requiring the existence of immediate predecessors yields discrete extensive forms, which are still general enough to cover almost all applications. The treatment culminates in a characterization of the topologies on the plays of the game tree that admit equilibrium analysis.

About the authors

Carlos Alós-Ferrer graduated in Mathematics at the University of Valencia (Spain) in 1992 and completed his Ph.D. in Economics at the University of Alicante (Spain) in 1998. He is a Full Professor of Microeconomics at the University of Cologne (Germany), and has previously worked at the Universities of Alicante (Spain), Vienna (Austria), Salamanca (Spain), and Konstanz (Germany). Since 2012, he is the speaker of the interdisciplinary Research Unit “Psychoeconomics” of the German Research Foundation. His specializations are in game theory, mathematical economics, and behavioral microeconomics (both theoretical and experimental), and he also works and publishes in psychology and neuroscience.

Klaus Ritzberger graduated in Economics at the University of Vienna (Austria) in 1982 and completed his Ph.D. at the same university in 1987. He has been at the Institute for Advanced Studies (IHS) in Vienna for about thirty years, with intermissions abroad. He has been chairman of the Department of Economics and Finance for seven years and then became Lead Economist. He is a faculty member of the Vienna Graduate School of Finance (VGSF) since its foundation. His specializations are in game theory, financial economics, microeconomics, and general equilibrium theory.

Reviews

“This book is a true milestone for the theory of infinite extensive-form games, both in terms of content and presentation. … PhD students and researchers with an interest in infinite extensive-form games will benefit tremendously from this book, and that the book will contribute to a better understanding and appreciation of this fascinating area.” (Andrés Perea, Journal of Economic Literature, Vol. 55 (1), March, 2017)


Table of contents (7 chapters)

Buy this book

eBook £67.99
price for United Kingdom (gross)
  • ISBN 978-3-662-49944-3
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover £86.00
price for United Kingdom (gross)
  • ISBN 978-3-662-49942-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Theory of Extensive Form Games
Authors
Series Title
Springer Series in Game Theory
Copyright
2016
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-662-49944-3
DOI
10.1007/978-3-662-49944-3
Hardcover ISBN
978-3-662-49942-9
Series ISSN
1868-517X
Edition Number
1
Number of Pages
XV, 239
Topics