Rational Behaviour and Bargaining Equilibrium in Games and Social Situations PDF
326 Pages·1986·6.651 MB·English
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Preview Rational Behaviour and Bargaining Equilibrium in Games and Social Situations
Description:
This is a paperback edition of a major contribution to the field, first published in hard covers in 1977. The book outlines a general theory of rational behaviour consisting of individual decision theory, ethics, and game theory as its main branches. Decision theory deals with a rational pursuit of individual utility; ethics with a rational pursuit of the common interests of society; and game theory with an interaction of two or more rational individuals, each pursuing his own interests in a rational manner.
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