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Theory Of Conjectural Variations

Series On Mathematical Economics And Game Theory 2

Genres: Game theory
Format: Hardback
Publisher: World Scientific Publishing Co Pte Ltd, Singapore, Singapore
Published: 16th Feb 2004
Dimensions: w 155mm h 234mm d 17mm
Weight: 396g
ISBN-10: 9812387366
ISBN-13: 9789812387363
Barcode No: 9789812387363
We have witnessed in recent years a revival of Conjectural Variations in Game Theory. This reincarnation of an old idea, using a dynamic point of view, aims at combining the adequacy with facts to the requirements of a firmly grounded theory.This book presents, for the first time, a comprehensive account of conjectural variations equilibria in their static inceptions, featuring new comparative results of equilibria with regard to efficiency. It then describes several advances in Dynamic Game Theory, allowing to understand Conjectural Variations Equilibria as dynamic equilibria. The question of how conjectures evolve in strategic and learning situations with boundedly rational agents is also discussed.

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?This book makes a substantial contribution to the theory of conjectural variations equilibria."