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Playing for Real: Game Theory

Ken Binmore

Published in print:
2007
Published Online:
May 2007
ISBN:
9780195300574
eISBN:
9780199783748
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195300574.001.0001
Subject:
Economics and Finance, Microeconomics

This book provides an introduction to game theory that seeks to answer all three questions: what is game theory about? How do I apply game theory? Why is game theory right? The topics covered include ... More


 Knowing What to Believe

Ken Binmore

in Playing for Real: Game Theory

Published in print:
2007
Published Online:
May 2007
ISBN:
9780195300574
eISBN:
9780199783748
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195300574.003.0015
Subject:
Economics and Finance, Microeconomics

This chapter describes John Harsanyi's theory of so-called games of incomplete information using Poker as a motivating example. The chapter begins by analyzing a simplified version of Von Neumann's ... More


AN EPISTEMICALLY MODEST UNIVERSAL MORAL STANDPOINT

William Talbott

in Which Rights Should Be Universal?

Published in print:
2005
Published Online:
April 2005
ISBN:
9780195173475
eISBN:
9780199835331
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195173473.003.0004
Subject:
Philosophy, General

In this chapter, Talbott uses the life of Bartolomé de Las Casas to illustrate the importance of bottom-up moral reasoning. He shows how Las Casas’s experiences in the Americas could have contributed ... More


Living Together: Economic and Moral Argument

Allan Gibbard

in Reconciling Our Aims: In Search of Bases for Ethics

Published in print:
2008
Published Online:
October 2011
ISBN:
9780195370423
eISBN:
9780199851980
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195370423.003.0003
Subject:
Philosophy, Moral Philosophy

This chapter discusses that moral inquiry in philosophy often comes in two broad styles. One is humanistic and pragmatic, wherein one would think what is in morality for him, and what version of ... More


Common Goals and the Ideal Social Contract

Allan Gibbard

in Reconciling Our Aims: In Search of Bases for Ethics

Published in print:
2008
Published Online:
October 2011
ISBN:
9780195370423
eISBN:
9780199851980
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195370423.003.0004
Subject:
Philosophy, Moral Philosophy

This chapter argues that the form of a coherent social contract will take is its social structure. It notes that Harsanyi's second welfare theorem shows that the anti-utilitarian picture will not fit ... More


DECISION THEORY AND MORALITY

James Dreier

in The Oxford Handbook of Rationality

Published in print:
2004
Published Online:
January 2005
ISBN:
9780195145397
eISBN:
9780199752393
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195145399.003.0009
Subject:
Philosophy, Philosophy of Mind

Dreier shows how the formal apparatus of decision theory is connected to some abstract issues in moral theory. He begins by explaining how to think about utility and the advice that decision theory ... More


Quantities of Lifetime Wellbeing

John Broome

in Weighing Lives

Published in print:
2004
Published Online:
October 2005
ISBN:
9780199243761
eISBN:
9780191602900
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019924376X.003.0005
Subject:
Philosophy, Moral Philosophy

This chapter defines a quantitative notion of a person’s lifetime wellbeing. It does so on the basis of betterness among uncertain prospects, using expected utility theory (which the chapter ... More


Same‐Number Aggregation

John Broome

in Weighing Lives

Published in print:
2004
Published Online:
October 2005
ISBN:
9780199243761
eISBN:
9780191602900
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019924376X.003.0009
Subject:
Philosophy, Moral Philosophy

This chapter uses separability of lives to apply the same-number addition theorem, which derives originally from John Harsanyi, to arrive at a broadly utilitarian conclusion about aggregation across ... More


The Case of Many Persons

James Griffin

in Well-Being: Its Meaning, Measurement and Moral Importance

Published in print:
1988
Published Online:
November 2003
ISBN:
9780198248439
eISBN:
9780191597558
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198248431.003.0008
Subject:
Philosophy, Moral Philosophy

Can we make interpersonal comparisons of well‐being? The nature of the problem of interpersonal comparison changes as the account of well‐being that one adopts changes, and our question is, are ... More


The Knowledge We Have Lost in Information: The History of Information in Modern Economics

Philip Mirowski and Edward Nik-Khah

Published in print:
2017
Published Online:
June 2017
ISBN:
9780190270056
eISBN:
9780190270087
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190270056.001.0001
Subject:
Economics and Finance, History of Economic Thought

In contrast with conventional histories of “economic rationality,” in this book we propose that the history of modern microeconomics is better organized as the treatment of information in postwar ... More


Dworkin

Mark S. Stein

in Distributive Justice and Disability: Utilitarianism against Egalitarianism

Published in print:
2006
Published Online:
October 2013
ISBN:
9780300100570
eISBN:
9780300128253
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300100570.003.0007
Subject:
Philosophy, Political Philosophy

Known for his disdain for utilitarianism, Ronald Dworkin offers a non-utilitarian solution to the problem of redistribution to the disabled: hypothetical insurance. Dworkin expounds on hypothetical ... More


Resources, power and systematic luck: a response to Barry

Keith Dowding

in Power, Luck and Freedom: Collected essays

Published in print:
2016
Published Online:
May 2017
ISBN:
9781526107282
eISBN:
9781526120892
Item type:
chapter
Publisher:
Manchester University Press
DOI:
10.7228/manchester/9781526107282.003.0006
Subject:
Political Science, Political Theory

Brian Barry attacks the ‘resource account’ of power, providing a set of definitions through which power should be analysed. While there might be different, equally good, ways of defining power, I ... More


Political Power and Bargaining Theory

Keith Dowding

in Rational Choice and Political Power

Published in print:
2019
Published Online:
January 2020
ISBN:
9781529206333
eISBN:
9781529206371
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781529206333.003.0004
Subject:
Political Science, Political Theory

The chapter opens with some distinctions made in the study of power and semi-formally defines ‘outcome’ and ‘social’ or ‘power to’ and ‘power over’ showing the latter is a subset of the former. It ... More


Consistency

Lara Buchak

in Risk and Rationality

Published in print:
2013
Published Online:
April 2014
ISBN:
9780199672165
eISBN:
9780191759048
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199672165.003.0006
Subject:
Philosophy, Philosophy of Mind

This chapter discusses instrumental rationality and what decision theorists take it to consist in. It is claimed that to be decision-theoretically rational is to have consistent preferences and to ... More


Three Different Modalities of Information in Neoclassical Theory

Philip Mirowski and Edward Nik-Khah

in The Knowledge We Have Lost in Information: The History of Information in Modern Economics

Published in print:
2017
Published Online:
June 2017
ISBN:
9780190270056
eISBN:
9780190270087
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190270056.003.0008
Subject:
Economics and Finance, History of Economic Thought

There were eventually three major formats explored by the Cowles economists in their quest to incorporate information into the existing neoclassical model: information as thing, information as ... More


Formal and Substantive Aggregation

Iwao Hirose

in Moral Aggregation

Published in print:
2014
Published Online:
November 2014
ISBN:
9780199933686
eISBN:
9780199398324
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199933686.003.0003
Subject:
Philosophy, Moral Philosophy

This chapter rejects the argument against interpersonal aggregation on the basis of counterexamples and introduces the distinction of formal and substantive aggregation. Section 3.1. introduces T. M. ... More


Knowing What to Believe

Ken Binmore

in Playing for Real Coursepack Edition: A Text on Game Theory

Published in print:
2012
Published Online:
April 2015
ISBN:
9780199924530
eISBN:
9780190261399
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199924530.003.0010
Subject:
Economics and Finance, Microeconomics

This chapter examines situations when players conceal information from each other. The kinds of information which should be common knowledge may consist of rules of the game, the player’s payoffs, ... More


Rational Choice Contractualism

Michael Moehler

in Minimal Morality: A Multilevel Social Contract Theory

Published in print:
2018
Published Online:
April 2018
ISBN:
9780198785927
eISBN:
9780191827655
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198785927.003.0003
Subject:
Philosophy, Moral Philosophy, Political Philosophy

This chapter discusses contractualist theories of justice that, although they rely explicitly on moral assumptions in the traditional understanding of morality, employ rational choice theory for the ... More


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