Modeling Rational Players: Part II

Author:

Binmore Ken

Abstract

This is the second part of a two-part paper. It can be read independently of the first part provided that the reader is prepared to go along with the unorthodox views on game theory which were advanced in Part I and are summarized below. The body of the paper is an attempt to study some of the positive implications of such a viewpoint. This requires an exploration of what is involved in modeling “rational players” as computing machines.

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Philosophy

Reference46 articles.

1. Rubinstein A. 1985. “Finite Automata Play the Repeated Prisoner's Dilemma.” ST-ICERD Discussion Paper 85/109, London School of Economics.

2. Myerson R. 1984. “Sequential Correlated Equilibria of Multistage Games.” J. Kellogg Graduate School of Management Discussion Paper No. 590, Northwestern University.

3. Aumann R. , Katznelson Y. , Radner R. , and Rosenthal R. 1981. “Approximate Purification of Mixed Strategies.” Bell Labs Economics Discussion Paper No. 192.

4. Mind, Language and Reality

5. The chain store paradox

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