Game Theory, Experience, Rationality: Foundations of Social Sciences, Economics and Ethics in honor of John C. Harsanyi (Vienna Circle Institute Yearbook)

ISBN 10: 9048149924 / ISBN 13: 9789048149926

Edité par Springer, 2010

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N° de réf. du vendeur ria9789048149926_new

Détails bibliographiques

• Titre: Game Theory, Experience, Rationality: Foundations of Social Sciences, Economics and Ethics in honor of John C. Harsanyi (Vienna Circle Institute Yearbook)
• Éditeur: Springer
• Date de parution: 2010
• Langue: anglais
• ISBN à 10 chiffres: 9048149924
• ISBN à 13 chiffres: 9789048149926
• Reliure: Couverture souple
• État de l'article: New

A propos de ce titre

Synopsis

When von Neumann's and Morgenstern's Theory of Games and Economic Behavior appeared in 1944, one thought that a complete theory of strategic social behavior had appeared out of nowhere. However, game theory has, to this very day, remained a fast-growing assemblage of models which have gradually been united in a new social theory - a theory that is far from being completed even after recent advances in game theory, as evidenced by the work of the three Nobel Prize winners, John F. Nash, John C. Harsanyi, and Reinhard Selten. Two of them, Harsanyi and Selten, have contributed important articles to the present volume. This book leaves no doubt that the game-theoretical models are on the right track to becoming a respectable new theory, just like the great theories of the twentieth century originated from formerly separate models which merged in the course of decades. For social scientists, the age of great discover- ies is not over. The recent advances of today's game theory surpass by far the results of traditional game theory. For example, modem game theory has a new empirical and social foundation, namely, societal experiences; this has changed its methods, its "rationality. " Morgenstern (I worked together with him for four years) dreamed of an encompassing theory of social behavior. With the inclusion of the concept of evolution in mathematical form, this dream will become true. Perhaps the new foundation will even lead to a new name, "conflict theory" instead of "game theory.

Présentation de l'éditeur

This volume collects outstanding contributions to the theory of games, the theory of game-theoretical rationality, and their applications. 27 articles present the new situation and the recent advances in game theory after the award of the Nobel Prize in economics and especially in game theory to John F. Nash, John C. Harsanyi, and Reinhard Selten. Two of them, Harsanyi and Selten, have contributed leading articles to this volume. In utility and game theory, the question of which rationality governs their methods and the behavior of the agents as well has emerged as one of the most exciting new conceptual foundations of all social sciences. The main aim of this book is to find an answer to this problem. Do we have to give up our belief in the traditional form of deductive and linear rationality in the social sciences in favor of probabilistic and stochastic methods? Which kind of rationality do we, and should we, use when we attempt to practically solve societal problems and conflicts? Quite a few articles in this book address these questions. The consequences of a new, multi-faceted rationality, which is going to shake the traditional foundation of game theory, decision theory, and utility theory, and, finally, the social sciences in their entirety, are discussed in depth in seven chapters and a preface: 'Rationality and the Foundations of the Social Sciences', 'Cooperation and Rationality', 'Rationality and Economics', 'Bayesian Theory and Rationality', 'Evolution and Evolutionary Game Theory', 'Ethics and Game Theory', and 'Applications of Game Theory'. The contributors include economists, utility and decision theorists, psychologists, sociologists, physicists, philosophers of sciences and probability theorists. They attempt to make their contributions accessible to a wide audience. The book will interest researchers, teachers and advanced students in the above-mentioned disciplines; it can be used for a one