Game theory: The next stage

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Abstract

This paper surveys some recent developments in (non-cooperative) game theory and provides an outlook on the near future of that theory. In particular, attention is focused on the limitations inherent in normative game theory and on attempts to construct a behavioral version of the theory that incorporates aspects of procedural and bounded rationality. It is argued that a redirection towards more empirical work may be called for.
Original languageEnglish
PublisherUnknown Publisher
Number of pages43
Volume1995-73
Publication statusPublished - 1995

Publication series

NameCentER Discussion Paper
Volume1995-73

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Keywords

  • Game Theory
  • game theory

Cite this

van Damme, E. E. C. (1995). Game theory: The next stage. (CentER Discussion Paper; Vol. 1995-73). Unknown Publisher.