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Collective rationality : equilibrium in cooperative games / [electronic resource]

by Weirich, Paul.
Material type: materialTypeLabelBookPublisher: New York ; Oxford : Oxford University Press, c2009Description: 1 online resource (304 p.).ISBN: 9780199866700 (ebook) :.Subject(s): Game theory | Cooperation | Equilibrium (Economics)Online resources: Oxford scholarship online Summary: Groups of people perform acts that are subject to standards of rationality. The book's theory of collective rationality explains how to evaluate collective acts. The people engaged in a game of strategy collectively produce an outcome, and the theory reveals what makes some outcomes solutions.
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Includes bibliographical references and index.

Groups of people perform acts that are subject to standards of rationality. The book's theory of collective rationality explains how to evaluate collective acts. The people engaged in a game of strategy collectively produce an outcome, and the theory reveals what makes some outcomes solutions.

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Last Updated on September 15, 2019
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