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The concept of Rationalizability has been used in the last fifteen years to study stability of equilibria on models with continuum of players such as standard competitive markets, macroeconomic dynamics and currency attacks. However, Rationalizability has been formally defined in a general...
Persistent link: https://www.econbiz.de/10010739044
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This essay reviews new histories of the role of game theory and rational decision-making in shaping the social sciences, economics among them, in the post war period. The recent books "The World the Game Theorists Made" by Paul Erickson and "How Reason Almost Lost Its Mind" by Paul Erickson,...
Persistent link: https://www.econbiz.de/10011524189
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rationality. The I account implies that the preference relation satisfies in- dependence of circumstances, whereas the IB account …. Finally, when examining game-theoretical implications of Epictetusian rationality, we show that the two accounts of Epictetus …
Persistent link: https://www.econbiz.de/10013455831
considerations moves behavior toward traditional economic rationality in UG, PD, and DG. Despite entering the study with higher …
Persistent link: https://www.econbiz.de/10011528153
The following analysis is meant to contribute to a history of rational choice theory. More specifically, I provide a multi-layered account of rational choice theory in terms of its biography as a scientific object. I argue that its axiomatic version, choice theory traveled between different...
Persistent link: https://www.econbiz.de/10011707612
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This essay reviews new histories of the role of game theory and rational decision-making in shaping the social sciences, economics among them, in the post war period. The recent books The World the Game Theorists Made by Paul Erickson and How Reason Almost Lost Its Mind by Paul Erickson, Judy...
Persistent link: https://www.econbiz.de/10011598915
Persistent link: https://www.econbiz.de/10000541803