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Political Economy, Oligopoly and Experimental Games - The Selected Essays of Martin Shubik Volume One (Hardcover)
Loot Price: R5,025
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Political Economy, Oligopoly and Experimental Games - The Selected Essays of Martin Shubik Volume One (Hardcover)
Series: Economists of the Twentieth Century series
Expected to ship within 12 - 17 working days
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This book presents the most important published articles of Martin
Shubik who has made a path-breaking contribution to game theory and
political economy. The volume shows how game theory can be used to
explore fundamental problems in economics, political science and
operations research.The book opens with an introduction to the
career of Martin Shubik and the influences which have shaped his
research. In this, and the chapters which follow, Martin Shubik
stresses the importance of formulative models as playable games and
the treatment of information to describe decision making among
individuals, using examples from industrial organization. He
demonstrates that games are a fruitful way to extend our knowledge
of competition among the few. In addition, he considers the
importance of gaming in economics and business suggesting that
experimental games can be used to illustrate problems and
principles in multi-person decision making. This book will be
welcomed by economists, game theorists, political scientists, and
operations researchers.
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