Rational Behaviour and Bargaining Equilibrium in Games and Social Situations

Rational Behaviour and Bargaining Equilibrium in Games and Social Situations

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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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Product details

  • Paperback | 328 pages
  • 152 x 227 x 24mm | 460g
  • Cambridge, United Kingdom
  • English
  • Revised ed.
  • Worked examples or Exercises
  • 0521311837
  • 9780521311830
  • 1,504,976

Table of contents

Part I. Preliminaries: 1. Bargaining-equilibrium analysis: a new approach to game theory and to the analysis of social behavior; 2. Rational-choice models of social behavior; 3. Rational behavior under certainty, risk, and uncertainty; 4. Morality and social welfare A constructive approach; Part II. General principles: 5. Some basic concepts of game theory; 6. Rationality postulates for game situations; 7. The four basic problems facing the players of a game; Part III. Solutions for specific classes of games: 8. Two-person simple bargaining games: the Nash solution; 9. General two-person cooperative games; 10. n-Person simple bargaining games; 11. n-Person cooperative games with transferable utility: the modified Shapley value; 12. n-person cooperative games: the general case; 13. n-Person cooperative games: discriminatory solutions; 14. Noncooperative and almost-noncooperative games.
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