"Classics in Game Theory" assembles in one sourcebook the basic
contributions to the field that followed on the publication of
"Theory of Games and Economic Behavior" by John von Neumann and
Oskar Morgenstern (Princeton, 1944). The theory of games, first
given a rigorous formulation by von Neumann in a in 1928, is a
subfield of mathematics and economics that models situations in
which individuals compete and cooperate with each other. In the
"heroic era" of research that began in the late 1940s, the
foundations of the current theory were laid; it is these
fundamental contributions that are collected in this volume. In the
last fifteen years, game theory has become the dominant model in
economic theory and has made significant contributions to political
science, biology, and international security studies. The central
role of game theory in economic theory was recognized by the award
of the Nobel Memorial Prize in Economic Science in 1994 to the
pioneering game theorists John C. Harsanyi, John Nash, and Reinhard
Selten. The fundamental works for which they were honored are all
included in this volume.
Harold Kuhn, himself a major contributor to game theory for his
reformulation of extensive games, has chosen eighteen essays that
constitute the core of game theory as it exists today. Drawn from a
variety of sources, they will be an invaluable tool for researchers
in game theory and for a broad group of students of economics,
political science, and biology.
General
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