Game Theory and Society | Economics

Product Description

The progress of society can only happen through interpersonal cooperation because only cooperation can bring about mutual benefit thus bringing happiness to each person. This should be our collective rationality but we often see it conflicts with individual interests which leads to the so-called Prisoners’ Dilemma and does not bring happiness to all. From a game theoretical perspective this book addresses the issue of how people can cooperate better. It has two objectives. The first is to use common language to systematically introduce the basic methodologies and core conclusions of Game Theory including the Nash equilibrium multiple equilibriums dynamic games etc. Mathematics and theoretic…