Minimax-Nash
By: John Bryant
Series: Staff report -- # 52; Staff report (Federal Reserve Bank of Minneapolis. Research Department : Online) -- 52.
Publisher: Federal Reserve Bank of Minneapolis
Published: 1979
Place of publication: Minneapolis, Minn.]
Language: eng
Format: [electronic resource] /
Subjects: Game theory; Equilibrium (Economics)
Description: "An alternative solution concept is recommended for noncooperative games with multiple equilibra.  Players maximize security level in a contracted game.  Examples in economics are given in which this solution concept yields a unique solution: a fiat money model, the capital overaccumulation problem, and multiple rational expectations equilibria generally"--Federal Reserve Bank of Minneapolis web site.
Notes: Title from PDF file as viewed on 10/16/2007.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.