Overview
- Discusses an ontological turn in game theory
- Offers a new reading of Schelling and Bacharach for game theory
- Integrates simulation theory into game theory
Part of the book series: Springer Studies in the History of Economic Thought (SSHET)
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Table of contents (7 chapters)
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Front Matter
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Back Matter
Keywords
About this book
By offering a critical assessment of the evolution of standard game theory, this book argues for a shift in the ontology and methodology of game theory for appraising games, one based on understanding the players’ strategic reasoning process.
Analyzing the history of economic thought, the book highlights the methodological issues faced by standard game theory in its treatment of strategic reasoning and the consequence it has on the status of players’ beliefs. It also highlights how the two original contributions of T. C. Schelling and M. Bacharach can be applied to these issues. Furthermore, the book assesses the intersubjective dimension in games by applying the cognitive sciences and by integrating simulation theory into game theory.
Consequently, this book offers an interdisciplinary approach for reassessing the nature of the intersubjectivity involved in strategic reasoning. It shows that the analysis of games should involve the study and identification of the reasoning process that leads the players to a specific outcome, i.e., to a specific solution. A game should not be understood (as is done in standard game theory) as a mathematical representation of an individual choice at equilibrium. This requires investigating the players’ capacity for coordination. Understanding the process of coordination allows us to understand strategic reasoning and ultimately to provide new answers to the indeterminacy problem, one of the central hurdles in game theory, and one that underscores its normative difficulties.
Authors and Affiliations
About the author
Bibliographic Information
Book Title: On Coordination in Non-Cooperative Game Theory
Book Subtitle: Explaining How and Why an Equilibrium Occurs and Prevails
Authors: Lauren Larrouy
Series Title: Springer Studies in the History of Economic Thought
DOI: https://doi.org/10.1007/978-3-031-36171-5
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023
Hardcover ISBN: 978-3-031-36170-8Published: 18 August 2023
Softcover ISBN: 978-3-031-36173-9Due: 18 September 2023
eBook ISBN: 978-3-031-36171-5Published: 17 August 2023
Series ISSN: 2662-6098
Series E-ISSN: 2662-6101
Edition Number: 1
Number of Pages: XVII, 340
Number of Illustrations: 14 b/w illustrations
Topics: History of Economic Thought/Methodology, Game Theory, Economics, Social and Behav. Sciences, Philosophy of Mind