Theory Social Situations: An Alternative Game-Theoretic Approach

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9780521376891: Theory Social Situations: An Alternative Game-Theoretic Approach
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Offering a new and integrative approach to the study of formal models in the social and behavioral sciences, this book presents a theory forcing the specification of information currently neglected by game theory and offers a unified solution, or equilibrium, concept. Unifying the representation of social environments as situations, the theory extends the set of social environments included in current game theory, and accomodates coalition formation as well as bounded rationality concerning the perception and the computation abilities of the players. By applying the concept to game theory, the author relates many of the currently disparate solution concepts and suggests new and interesting ones.

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A new and integrative approach to the study of formal models in the social and behavioral sciences emerges from this study's presentation of a theory forcing the specification of information currently neglected by game theory.

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9780521374255: The Theory of Social Situations: An Alternative Game-Theoretic Approach

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ISBN 10:  0521374251 ISBN 13:  9780521374255
Publisher: Cambridge University Press, 1990
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Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2008. Paperback. Condition: New. Language: English. Brand new Book. This book, first published in 1991, offers an integrative approach to the study of formal models in the social and behavioural sciences. The theory presented here unifies both the representation of the social environment and the equilibrium concept. The theory requires that all alternatives that are available to the players be specified in an explicit and detailed manner, and this specification is defined as a social 'situation'. A situation, therefore, not only consists of the alternatives currently available to the players, but also includes the set of opportunities that might be induced by the players from their current environment. The theory requires that all recommended alternatives be both internally and externally stable; the recommendation cannot be self-defeating and, at the same time, should account for alternatives that were not recommended. In addition to unifying the representation and the solution concept, the theory also extends the social environments accommodated by current game theory. Seller Inventory # AAV9780521376891

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Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2008. Paperback. Condition: New. Language: English. Brand new Book. This book, first published in 1991, offers an integrative approach to the study of formal models in the social and behavioural sciences. The theory presented here unifies both the representation of the social environment and the equilibrium concept. The theory requires that all alternatives that are available to the players be specified in an explicit and detailed manner, and this specification is defined as a social 'situation'. A situation, therefore, not only consists of the alternatives currently available to the players, but also includes the set of opportunities that might be induced by the players from their current environment. The theory requires that all recommended alternatives be both internally and externally stable; the recommendation cannot be self-defeating and, at the same time, should account for alternatives that were not recommended. In addition to unifying the representation and the solution concept, the theory also extends the social environments accommodated by current game theory. Seller Inventory # AAV9780521376891

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