This is a new edition - with a substantial new introduction - of a book which has had a significant impact on economics, philosophy and political science. Robert Sugden shows how conventions of property, mutual aid, and voluntary supply of public goods can evolve spontaneously out of the interactions of self-interested individuals, and can become moral norms. Sugden was among the first social scientists to use evolutionary game theory. His approach remains distinctive in emphasizing psychological and cultural notions of salience.
This is a new edition - with a substantial new introduction - of a book which has had a significant impact on economics, philosophy and political scie...
The book is in three parts with a section of keywords. Part I covers individual choice, Part II examines interactive choice . The final part covers interactive choice .
The book is in three parts with a section of keywords. Part I covers individual choice, Part II examines interactive choice . The final part covers in...
Game theory is central to modern understandings of how people deal with problems of coordination and cooperation. Yet, ironically, it cannot give a straightforward explanation of some of the simplest forms of human coordination and cooperation--most famously, that people can use the apparently arbitrary features of "focal points" to solve coordination problems, and that people sometimes cooperate in "prisoner's dilemmas." Addressing a wide readership of economists, sociologists, psychologists, and philosophers, Michael Bacharach here proposes a revision of game theory that resolves these...
Game theory is central to modern understandings of how people deal with problems of coordination and cooperation. Yet, ironically, it cannot give a...
