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Why game theory "doesn't work"

Binmore, K.G.; (1987) Why game theory "doesn't work". In: Bennett, P.G., (ed.) Analysing Conflict And Its Resolution: Some Mathematical Contributions. Oxford University Press: Oxford, UK.

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Book description: Providing an accessible introduction to current work in the field, this book describes the mathematical analysis of conflicts, ranging from international hostilities to domestic arguments, showing how such models can contribute to the resolution of opposing interests. Bennett outlines basic principles, advances, and current problems, and refers to L.F. Richardson's mathematical models of arms races, F.W. Lanchester's analyses of attrition in battle, and J. Von Neumann's "Theory of Games", which deals with economic competition and other conflicts.

Type: Book chapter
Title: Why game theory "doesn't work"
ISBN-13: 9780198536116
Publisher version: http://www.oup.co.uk/search/?view=bookSch
Language: English
UCL classification: UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of SandHS > Dept of Economics
URI: http://discovery.ucl.ac.uk/id/eprint/15599
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