Collective rationality
Subtitle: equilibrium in cooperative games
By: Paul Weirich.
Publisher: Oxford University Press
Published: 2009
Place of publication: Oxford; New York
Language: eng
Number of pages: 270
ISBN-13: 9780195388381
Subjects: Game theory; Cooperation; Equilibrium (Economics)
Description: 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.
Notes: Includes bibliographical references and index.
Table of contents: title: Rationality writ large; title: Agents and acts; title: Rationality; title: Groups; title: Games of strategy; title: Equilibrium; title: Coordination; title: Cooperative games; title: Strategy for coalitions; title: Illustrations and comparisons; title: Compositionality; title: Implications.