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The Mathematics of Justice (Paperback)
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The Mathematics of Justice (Paperback)
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In the study of such concepts as fairness and justice, there is a
large gap between the ethics literature (where utilitarianism and
egalitarianism enjoy wide support) and mathematical bargaining
theory (where the Nash bargaining solution has held canonical
status ever since its introduction in 1950). This work analyzes the
rationale upholding each of the three major ways in which the Nash
bargaining solution is justified mathematically (the axiomatic
approach, the alternating offers game and dynamic systems) and
shows that in every case the basic premises leading to the Nash
solution diverge from real-life bargaining scenarios. Furthermore,
the book goes on to show that by correcting these premises, the
utilitarian solution emerges naturally in every case. This analysis
gives for the first time a mathematical model of bargaining that is
applicable to real life, and should therefore interest not only
game theorists and moral philosophers, but also anyone who wants to
navigate any cooperative venture. No prior knowledge in either Game
Theory or Ethics is assumed.
General
Imprint: |
Lap Lambert Academic Publishing
|
Country of origin: |
Germany |
Release date: |
October 2009 |
First published: |
October 2009 |
Authors: |
Michael Brand
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Dimensions: |
229 x 152 x 5mm (L x W x T) |
Format: |
Paperback - Trade
|
Pages: |
84 |
ISBN-13: |
978-3-8383-1804-2 |
Categories: |
Books >
Science & Mathematics >
Mathematics >
General
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LSN: |
3-8383-1804-8 |
Barcode: |
9783838318042 |
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