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Game Theory and Economic Behaviour

Author

Listed:
  • Reinhard Selten

Abstract

In 1994, the Nobel Prize was awarded to Reinhard Selten, John Nash and John Harsanyi, for pioneering analysis in game theory. Selten was the first to refine the Nash equilibrium concept of non-cooperative games for analysing dynamic strategic interaction and to apply these concepts to analyses of oligopoly.

Suggested Citation

  • Reinhard Selten, 1999. "Game Theory and Economic Behaviour," Books, Edward Elgar Publishing, volume 0, number 1541.
  • Handle: RePEc:elg:eebook:1541
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    File URL: http://www.e-elgar.com/shop/isbn/9781858988726
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    Citations

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    Cited by:

    1. Petr Budinský & Radim Valenčík, 2009. "Teorie redistribučních systémů [Theory of Redistribution Systems]," Politická ekonomie, Prague University of Economics and Business, vol. 2009(5), pages 644-659.
    2. John-ren Chen, 2009. "Fair distribution of welfare gain," Progress in Development Studies, , vol. 9(4), pages 285-295, October.
    3. Klaus Abbink, 2006. "Majority rip-off in referendum voting," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 26(1), pages 1-21, January.

    More about this item

    Keywords

    Economics and Finance;

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

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