Rational Choice and Strategic Conflict: The Subjectivistic Approach to Game and Decision Theory

Gabriel Frahm

Published by De Gruyter Oldenbourg 2019

Rational Choice and Strategic Conflict

The Subjectivistic Approach to Game and Decision Theory

Gabriel Frahm

https://doi.org/10.1515/9783110596106

Overview
Contents

About this book

"This book is refreshing, innovative and important for several reasons. Perhaps most importantly, it attempts to reconcile game theory with one-person decision theory by viewing a game as a collection of one-person decision problems. As natural as this approach may seem, it is hard to find game theory books that really implement this view. This book is a wonderful exception, in which the transition between decision theory and game theory is both smooth and natural. It shows that decision theory and game theory can go—and, in fact, must go—hand in hand. The careful exposition, the many illustrative examples, the critical assessment of traditional game theory concepts, and the enlightening comparison with the subjectivistic approach advocated in this book, make it a pleasure to read and a must have for anyone interested in the foundations of decision theory and game theory."

Andrés Perea (Maastricht University)

"Gabriel Frahm's relatively nontechnical book is a bold synthesis of decision theory and game theory from a Bayesian or subjectivist perspective. It distinguishes between decisions, or one-person games, and games with two or more players, but Frahm argues that this distinction is not always necessary—the two kinds of games can be analyzed within a common theoretical framework. He models the dynamics of choice in several different settings (e.g., information may be complete or incomplete as well as perfect or imperfect), including one in which players look ahead and make farsighted calculations on which they base their choices. His book contains many provocative examples that illustrate the advantages of a unified theory of rational decision-making."

Steven J. Brams (New York University)

With a foreword by Steven Brams (NYU)
New approach to solving strategic conflicts
This study queried the equilibrium doctrine of game theory

Author / Editor information

Gabriel Frahm, Helmut Schmidt University Hamburg

Topics

Frontmatter Publicly Available Download PDF	I
Preface Publicly Available Download PDF	VII
Acknowledgments Publicly Available Download PDF	IX
Contents Publicly Available Download PDF	XI
Part I: Rational Choice
1. The Subjectivistic Approach to Rational Choice Requires Authentication Unlicensed Licensed Download PDF	3
2. How the Subjectivistic Approach Works Requires Authentication Unlicensed Licensed Download PDF	27
Part II: Strategic Conflict
3. The Subjectivistic Approach to Strategic Conflict Requires Authentication Unlicensed Licensed Download PDF	91
4. Action Requires Authentication Unlicensed Licensed Download PDF	111
5. Reaction Requires Authentication Unlicensed Licensed Download PDF	153
6. Interaction Requires Authentication Unlicensed Licensed Download PDF	183
Part III: Alternative Concepts of Game Theory
7. The Traditional Approach Requires Authentication Unlicensed Licensed Download PDF	231
8. The Epistemic Approach Requires Authentication Unlicensed Licensed Download PDF	287
9. Theory of Moves Requires Authentication Unlicensed Licensed Download PDF	315
Bibliography Requires Authentication Unlicensed Licensed Download PDF	327
Games Requires Authentication Unlicensed Licensed Download PDF	333
Index Requires Authentication Unlicensed Licensed Download PDF	335

(Deutsch)

Language: English
Publisher: De Gruyter Oldenbourg
Audience: Researchers in the fields of game theory
Pages
- Front matter: 16
- Main content: 340
Illustrations
- Illustrations: 3
- Coloured Illustrations: 202
- Tables: 108
- Coloured Tables: 6
Keywords: Game Theory; Decision Theory

eBook

Published: September 23, 2019
ISBN: 9783110596106