Game Theory and the Law: ,
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Book Overview
This text applies the tools of game theory and information economics to advance the understanding of how laws work. Organized around the major solution concepts of game theory, the authors shows how such well known games as the prisoner's dilemma, the battle of the sexes, beer-quiche and the Rubinstein bargaining game can illuminate many different kinds of legal problems. The organization of Game Theory and the Law serves to highlight the basic mechanisms at work and to lay out a natural progression in the sophistication of the game concepts and legal problems considered.
Format:Hardcover
Language:English
ISBN:0674341198
ISBN13:9780674341197
Release Date:November 1994
Publisher:Harvard University Press
Length:330 Pages
Weight:1.40 lbs.
Dimensions:1.1" x 6.5" x 9.6"
Customer Reviews
3 ratings
Great analysis of common strategic behavior problems
Published by Thriftbooks.com User , 23 years ago
This is a great example of how the rigor of game theory can give startling insights into outcomes of common situations. Although I'm no mathematician or economist, all business people are at some point required to base their decisions on how they think others will behave. This book provides some great frameworks for structuring that thought process.
Unique
Published by Thriftbooks.com User , 23 years ago
Altough it's often just theory, is a unique book, rxpressing the Chicago school's view on law. Do not expect something you can use practically.
A pathbreaking work of importance and clarity
Published by Thriftbooks.com User , 26 years ago
This book popularizes and extends a new approach (non-cooperative game theory) to the economic analysis of law. Readable and concise, this book is a must for students and scholars wishing to understand the ways in which legal rules can be usefully modeled as non-cooperative games. As a professor in the discipline, I am awed by the important and brilliant scholarship presented in this book with superb skill.
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