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Evolution, Games, and Economic Behaviour

Name: Evolution, Games, and Economic Behaviour
Brand: Oxford University Press
SKU: 04528718
Price: 209.79 EUR
Availability: InStock
Author: Fernando Vega-Redondo
ISBN: 9780198774730

Fernando Vega-Redondo

Language

English

Book Hardback

Libristo code: 04528718

Publishers Oxford University Press, September 1996

This textbook for advanced undergraduate and postgraduate students of Evolutionary Game Theory cover... Full description

Libristo code: 04528718

508 b

209.79 €

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This textbook for advanced undergraduate and postgraduate students of Evolutionary Game Theory covers recent developments in the field, with an emphasis on economic contexts and applications. It begins with the basic ideas as they originated within the field of theoretical biology and then proceeds to the formulation of a theoretical framework that is suitable for the study of social and economic phenomena from an evolutionary perspective. Core topics include the Evolutionary Stable Strategy (EES) and Replicator Dynamics (RD), deterministic dynamic models, and stochastic perturbations. A set of short appendices presents some of the technical material referred to in the main text. Evolutionary theory is widely viewed as one of the most promising appraoches to understanding bounded rationality, learning, and change in complex social environments. New avenues of research are suggested by Vega-Redondo, and plentiful exmples illustrate the theory's potential applications. The recent boom experienced by this dscipline makes the book's systematic presentation of its essential contributions vital reading for newcomer to the field.