Kreps, David M.  <br/><br/>
Game Theory and Economic Modelling [ electronic resource ] / 
by David M. Kreps. 
 - Oxford:  Oxford Scholarship Online,  2003. 
<br/><br/> Beginning in the early to the mid‐1970s, non‐cooperative game theory became an important tool of economics. This book is based on a series of lectures given at Oxford, and comments on this use of non‐cooperative game theory. After providing a non‐technical introduction to the basic ideas of non‐cooperative game theory, the book discusses: (1) how and why game theory has been a success—because it permits economists to model and analyse situations of dynamic competition and where private information plays an important role; (2) how and why the theory has failed—to provide an understanding of when it (and equilibrium analysis) applies, when not, and what to do when not; and (3) how its weaknesses might be addressed—by considering individuals who are imperfectly rational and learn adaptively. 
<br/><br/><label>ISBN: </label>9780191596568 ( e-book ) 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Economics
<br/><br/><label>Index Terms--Genre/Form: </label><br/>Electronic books
<br/><br/><label>Dewey Class. No.: </label>330.015193  / KRE/G