Game theory and economic modelling

dc.contributor.authorDavid M. Kreps
dc.date.accessioned2024-07-25T09:35:14Z
dc.date.available2024-07-25T09:35:14Z
dc.date.issued2019
dc.description.abstract"Game Theory and Economic Modelling" by David M. Kreps explores the foundational principles of game theory and its application in economic modeling. Kreps, a prominent economist, delves into how strategic interactions between rational decision-makers can be analyzed to understand various economic phenomena. The book covers key concepts such as Nash equilibrium, cooperative and non-cooperative games, and their implications for markets, bargaining, and competition. With clear and insightful explanations, Kreps provides a comprehensive framework that aids economists in formulating hypotheses, making predictions, and understanding the dynamics of complex economic systems through the lens of game theory.
dc.identifier.issn9780198283812
dc.identifier.urihttp://digitallibrary.thecityschool.edu.pk:4000/handle/123456789/231
dc.language.isoen
dc.publisherOxford University Press
dc.relation.ispartofseriesClarendon Lectures in Economics
dc.titleGame theory and economic modelling
dc.typeBook

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