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Bayesian Rationality and Social Epistemology

Herbert Gintis

in The Bounds of Reason: Game Theory and the Unification of the Behavioral Sciences

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691160849
eISBN:
9781400851348
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691160849.003.0008
Subject:
Sociology, Economic Sociology

This chapter uses epistemic game theory to expand on the notion of social norms as choreographer of a correlated equilibrium, and to elucidate the socio-psychological prerequisites for the notion ... More


Coordination in Teams

Tridib Sharma and Ricard Torres

in Dimensions of Economic Theory and Policy: Essays for Anjan Mukherji

Published in print:
2011
Published Online:
September 2012
ISBN:
9780198073970
eISBN:
9780199081615
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198073970.003.0013
Subject:
Economics and Finance, Microeconomics

The theory of the firm has emphasized the importance of some agents that coordinate the activities of others in organizations. This chapter presents a natural framework which formalizes this idea. It ... More


Equilibrium

H. Peyton Young

in Strategic Learning and its Limits

Published in print:
2004
Published Online:
October 2011
ISBN:
9780199269181
eISBN:
9780191699375
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199269181.003.0003
Subject:
Economics and Finance, Econometrics

This chapter investigates alternative notions of both convergence and equilibrium. By studying the asymptotic behaviour of certain classes of learning dynamics, we are led to more inclusive ... More


Summary

Herbert Gintis

in The Bounds of Reason: Game Theory and the Unification of the Behavioral Sciences

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691160849
eISBN:
9781400851348
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691160849.003.0012
Subject:
Sociology, Economic Sociology

This chapter summarizes the book's main points, covering game theory, the commonality of beliefs, the limits of rationality, social norms as correlated equilibria, and how reason is bounded by ... More


Game Theory: Basic Concepts

Herbert Gintis

in The Bounds of Reason: Game Theory and the Unification of the Behavioral Sciences

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691160849
eISBN:
9781400851348
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691160849.003.0002
Subject:
Sociology, Economic Sociology

This chapter deals with the basic concepts of game theory. It presents the formulations for the extensive form, normal form, and Nash equilibrium. It concludes with a brief discussion of correlated ... More


Strategic Form Games

James Bergin

in Microeconomic Theory: A Concise Course

Published in print:
2005
Published Online:
July 2005
ISBN:
9780199280292
eISBN:
9780191602498
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199280290.003.0003
Subject:
Economics and Finance, Microeconomics

Discusses games in strategic form. Models of behaviour are described. Nash and correlated equilibrium are considered.


Cooperative Homo economicus

Samuel Bowles and Herbert Gintis

in A Cooperative Species: Human Reciprocity and Its Evolution

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691151250
eISBN:
9781400838837
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691151250.003.0005
Subject:
Economics and Finance, History of Economic Thought

This chapter examines whether recent advances in the theory of repeated games, as exemplified by the so-called folk theorem and related models, address the shortcomings of the self-interest based ... More


Coordination, Conflict, and Convention

Peter Vanderschraaf

in Strategic Justice: Convention and Problems of Balancing Divergent Interests

Published in print:
2018
Published Online:
November 2018
ISBN:
9780199832194
eISBN:
9780190213336
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780199832194.003.0002
Subject:
Philosophy, Moral Philosophy, Political Philosophy

A game-theoretic analysis of convention is developed that is sufficiently general to characterize conventions of justice where agents’ interest can diverge, especially conventions of conflictual ... More


Strategic Justice: Convention and Problems of Balancing Divergent Interests

Peter Vanderschraaf

Published in print:
2018
Published Online:
November 2018
ISBN:
9780199832194
eISBN:
9780190213336
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780199832194.001.0001
Subject:
Philosophy, Moral Philosophy, Political Philosophy

This work presents a new analysis and evaluation, based upon an original game-theoretic analysis of convention, of the thesis that justice consists of systems of distinguished conventions. This ... More


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