Economic Organizations as Games
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analysis
application
aspects
atlantic xplore
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Category=PBT
competition
design
economists
editors conduct
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equilibrium theory
fall
game theory
games
organizations
papers
perspective
sections
subject
theory
time
Product details
- ISBN 9780631168881
- Weight: 369g
- Dimensions: 154 x 227mm
- Publication Date: 25 May 1989
- Publisher: John Wiley and Sons Ltd
- Publication City/Country: GB
- Product Form: Paperback
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Economists have in recent years found the theory of games to be an attractive route for exploring imperfectly competitive markets. In this collection of articles, some of the best minds in contemporary economics on both sides of the Atlantic xplore both the potential and the limitations of this theoretical framework.
In a lengthy introduction, the editors conduct a comprehensive survey of the hypothesis of game theory and its goals which provides a unique perspective on the subject. At the same time, they warn the theory is not sufficiently well developed to provide an analysis of all games.
The papers which follow fall into three sections: equilibrium theory, imperfect competition and the design of organizations. Together they explore and illustrate many aspects of the economic application of game theory in industrial organization.
Ken Binmore is Professor of Economics at the University of Michigan.
Partha Dasgupta is Professor of Economics at the University of Cambridge, and Fellow of St. John's College.
