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Overview
Vanderschraaf develops a new theory of game theory equilibrium selection in this book. The new theory defends general correlated equilibrium concepts and suggests a new analysis of convention.
Synopsis
Vanderschraaf develops a new theory of game theory equilibrium selection in this book. The new theory defends general correlated equilibrium concepts and suggests a new analysis of convention.
Booknews
In this revision of his doctoral thesis (written at the U. of California at Irvine), Vanderschraaf provides a self-contained study to be used for a graduate course in game theory or as a resource for social scientists and philosophers who have a knowledge of game theory but are interested in convention and equilibrium selection. Social coordination problems and their solutions in conventions are discussed as background before moving to solution concepts in game theory and discussion of correlated equilibrium concepts. Inductive learning, with treatment of variants of fictitious play, is then described; the beginnings of an account of spontaneous convention conclude the volume. Annotation c. Book News, Inc., Portland, OR (booknews.com)