The Present and Future of Game Theory
A broad nontechnical coverage of many of the developments in game theory since the 1950s is given together with some comments on important open problems and where some of the developments may take place. The nearly 90 references given serve only as a minimal guide to the many thousands of books and articles that have been written. The purpose here is to present a broad brush picture of the many areas of study and application that have come into being. The use of deep techniques flourishes best when it stays in touch with application. There is a vital symbiotic relationship between good theory and practice. The breakneck speed of development of game theory calls for an appreciation of both the many realities of conflict, coordination and cooperation and the abstract investigation of all of them.
|Date of creation:||Jul 2011|
|Date of revision:|
|Publication status:||Published in The Singapore Economic Review, Eminent Paper Series (March 2012), 57(1)|
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Roth, Alvin E. & Sotomayor, Marilda, 1992.
Handbook of Game Theory with Economic Applications,
in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 16, pages 485-541
- Martin Shubik, 2000.
"The Theory of Money,"
Cowles Foundation Discussion Papers
1253, Cowles Foundation for Research in Economics, Yale University.
- L. Blume, 2010.
"The Statistical Mechanics of Strategic Interaction,"
Levine's Working Paper Archive
488, David K. Levine.
- Blume Lawrence E., 1993. "The Statistical Mechanics of Strategic Interaction," Games and Economic Behavior, Elsevier, vol. 5(3), pages 387-424, July.
- Maskin, Eric S., 2007.
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Nobel Prize in Economics documents
2007-4, Nobel Prize Committee.
- Oliver Hart & John Moore, 1985.
"Incomplete Contracts and Renegotiation,"
367, Massachusetts Institute of Technology (MIT), Department of Economics.
- Martin Shubik, 1962.
"Incentives, Decentralized Control, the Assignment of Joint Costs and Internal Pricing,"
INFORMS, vol. 8(3), pages 325-343, April.
- Martin Shubik, 1961. "Incentives, Decentralized Control, the Assignment of Joint Costs and Internal Pricing," Cowles Foundation Discussion Papers 112, Cowles Foundation for Research in Economics, Yale University.
- Leonid Hurwicz, 2008.
"But Who Will Guard the Guardians?,"
American Economic Review,
American Economic Association, vol. 98(3), pages 577-85, June.
- Martin Shubik, 1962.
"Some Experimental Non-Zero Sum Games with Lack of Information About the Rules,"
INFORMS, vol. 8(2), pages 215-234, January.
- Martin Shubik, 1961. "Some Experimental Non-Zero Sum Games With Lack of Information about the Rules," Cowles Foundation Discussion Papers 105, Cowles Foundation for Research in Economics, Yale University.
- Dubey, P. & Rogawski, J. D., 1990. "Inefficiency of smooth market mechanisms," Journal of Mathematical Economics, Elsevier, vol. 19(3), pages 285-304.
- Milgrom,Paul, 2004.
"Putting Auction Theory to Work,"
Cambridge University Press, number 9780521551847.
- Gilboa, Itzhak & Zemel, Eitan, 1989.
"Nash and correlated equilibria: Some complexity considerations,"
Games and Economic Behavior,
Elsevier, vol. 1(1), pages 80-93, March.
- Itzhak Gilboa & Eitan Zemel, 1989. "Nash and Correlated Equilibria: Some Complexity Considerations," Post-Print hal-00753241, HAL.
- Itzhak Gilboa & Eitan Zemel, 1988. "Nash and Correlated Equilibria: Some Complexity Considerations," Discussion Papers 777, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Joseph Y. Halpern, 2004.
"A Computer Scientist Looks at Game Theory,"
Game Theory and Information
- Juergen Huber & Martin Shubik & Shyam Sunder, 2007. "Eeryone-a-banker or the Ideal Credit Acceptance Game: Theory and Evidence," Levine's Bibliography 122247000000001397, UCLA Department of Economics.
- Dubey, Pradeep, 1982.
"Price-Quantity Strategic Market Games,"
Econometric Society, vol. 50(1), pages 111-26, January.
- Ariel Rubinstein, 2000.
"Economics and Language,"
Online economics textbooks,
SUNY-Oswego, Department of Economics, number lang1, December.
- A. Rubinstein, 1999. "Economics and Language," Princeton Economic Theory Papers 00s6, Economics Department, Princeton University.
- Rubinstein, A., 1998. "Economics and Language," Papers 14-98, Tel Aviv.
- Ariel Rubinstein, 2005. "Economics and Language," Levine's Bibliography 666156000000000654, UCLA Department of Economics.
- Friedman,James, 1983.
Cambridge University Press, number 9780521282444.
- Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
- Joshua M. Epstein & Robert L. Axtell, 1996. "Growing Artificial Societies: Social Science from the Bottom Up," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262550253, December.
- Ioannis Karatzas & Martin Shubik & William D. Sudderth, 1992. "Construction of Stationary Markov Equilibria in a Strategic Market Game," Cowles Foundation Discussion Papers 1033, Cowles Foundation for Research in Economics, Yale University.
- Shapley, Lloyd S & Shubik, Martin, 1977. "Trade Using One Commodity as a Means of Payment," Journal of Political Economy, University of Chicago Press, vol. 85(5), pages 937-68, October.
- S.C. Littlechild & G.F. Thompson, 1977. "Aircraft Landing Fees: A Game Theory Approach," Bell Journal of Economics, The RAND Corporation, vol. 8(1), pages 186-204, Spring.
- George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, Oxford University Press, vol. 84(3), pages 488-500.
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