development of the theory presented here, and to its economic applications. They propose rational criteria for selecting one … be remodelled as a noncooperative bargaining game, their theory defines a one-point solution for any cooperative game as … a remarkable degree of theoretical unification for game theory as a whole and provides a deeper insight into the nature …

In Game Theory and the Social Contract, Ken Binmore argues that game theory provides a systematic tool for … produce a synthesis that is consistent with the modern theory of noncooperative games. In the process, he notes logical … Theory and the Social Contract makes game-theoretic ideas more widely accessible to those with only a limited knowledge of …

commentary in which Binmore discusses the underlying game theory and addresses the criticism leveled at it by behavioral … economists. When Binmore began his experimental work in the 1980s, conventional wisdom held that game theory would not work in … the laboratory, but Binmore and other pioneers established that game theory can often predict the behavior of experienced …

In Volume 1 of Game Theory and the Social Contract, Ken Binmore restated the problems of moral and political philosophy … in the language of game theory. In Volume 2, Just Playing, he unveils his own controversial theory, which abandons the … when orthodox reasoning is applied with the traditional assumptions. Using ideas borrowed from the theory of bargaining and …

This advanced text introduces the principles of noncooperative game theory - including strategic form games, Nash … given point. The analytic material is accompanied by many applications, examples, and exercises. The theory of …. Although game theory has been applied to many fields, Fudenberg and Tirole focus on the kinds of game theory that have been …