Schmidt C., Game Theory and Economic Analysis A quiet revolution in economics.pdf

Game Theory and Economic

Analysis

Game Theory and Economic Analysis presents the wide range of current con-

tributions of game theory to economics. The chapters fall broadly into two

categories. Some lay out in a jargon-free manner a particular branch of the

theory, the evolution of one of its concepts, or a problem that runs through

its development. Others are original pieces of work that are signi

cant to

game theory as a whole.

After taking the reader through a concise history of game theory, the

contributors discuss such topics as:

• the connections between Von Neumann’s mathematical game theory and

the domain assigned to it today since Nash

• the strategic use of information by game players

• the problem of the coordination of strategic choices between independ-

ent players in non-cooperative games

• cooperative games and their place within the literature of games

• incentive and the implementation of a collective decision in game-

theoretic modeling

• team games and the implications for

ﬁ

rms’ management.

The nature of the subject and the angle from which it is examined will ensure

that Game Theory and Economic Analysis reaches a wide readership. As an

established scholar in the area of game theory, Christian Schmidt has pro-

duced an authoritative book with contributions from economists of the very

highest rank and pro

Christian Schmidt is Professor at the University of Paris-Dauphine. He has

recently published La théorie des jeux: essai d’interprétation (PUF, 2001).

Schmidt; individual chapters © the contributors

ﬁ

le, some of them well known beyond the boundaries of

the game-theoretic community.

ﬁ

Routledge Advances in Game Theory

Edited by Christian Schmidt

1 Game Theory and Economic Analysis

A quiet revolution in economics

Edited by Christian Schmidt

Game Theory and Economic

Analysis

A quiet revolution in economics

Edited by Christian Schmidt

London and New York