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Book synopsis

This book consists of five acts and two interludes, which are all written as dialogues between three main characters and other supporting characters. Each act discusses the epistemological, institutional and methodological foundations of game theory and economics, while using various stories and examples. A featured aspect of those discussions is that many forms of mutual misunderstanding are involved in social situations as well as in those fields themselves. One Japanese traditional comic story called the Konnyaku Mondo is representative and gives hints of how our thought is constrained by incorrect beliefs. Each dialogue critically examines extant theories and common misunderstanding in game theory and economics in order to find possible future developments of those fields. TOC:Prologue.- Act 1 The reversal of particularity and generality in economics.- Act 2 Konnyaku Mondo and game theory.- Act 3 The market economy in a rage.- Interlude 1 Clouds hanging over economics and game theory.- Interlude 2 Game theory in a crisis.- Act 4 Decision making and Nash equilibrium.- Act 5 The individual and society.- Epilogue.

Book details

Book category Books in English Economics, finance, business & management Economics Economic theory & philosophy

• Full title: Game Theory and Mutual Misunderstanding
• Subtitle: Scientific Dialogues in Five Acts
• Author: M. Kaneko
• Language: English
• Binding: Hardback
• Number of pages: 248
• EAN: 9783540222958
• ISBN: 3540222952
• ID: 01559536
• Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
• Weight: 1200 g
• Dimensions: 235 × 155 × 18 mm
• Date of publishing: 09. September 2004

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