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The World the Game Theorists Made (Paperback)
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The World the Game Theorists Made (Paperback)
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In recent decades game theory-the mathematics of rational
decision-making by interacting individuals-has assumed a central
place in our understanding of capitalist markets, the evolution of
social behavior in animals, and even the ethics of altruism and
fairness in human beings. With game theory's ubiquity, however, has
come a great deal of misunderstanding. Critics of the contemporary
social sciences view it as part of an unwelcome trend toward the
marginalization of historicist and interpretive styles of inquiry,
and many accuse its proponents of presenting a thin and empirically
dubious view of human choice. The World the Game Theorists Made
seeks to explain the ascendency of game theory, focusing on the
poorly understood period between the publication of John von
Neumann and Oscar Morgenstern's seminal Theory of Games and
Economic Behavior in 1944 and the theory's revival in economics in
the 1980s. Drawing on a diverse collection of institutional
archives, personal correspondence and papers, and interviews, Paul
Erickson shows how game theory offered social scientists,
biologists, military strategists, and others a common, flexible
language that could facilitate wide-ranging thought and debate on
some of the most critical issues of the day.
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