Game Theory and Mutual Misunderstanding

Download or read book Game Theory and Mutual Misunderstanding written by Mamoru Kaneko and published by Springer Science & Business Media. This book was released on 2005-11-13 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book consists of five acts and two interludes, which are all written as dialogues between three main characters and other supporting characters. Each act discusses the epistemological, institutional and methodological foundations of game theory and economics, while using various stories and examples. A featured aspect of those discussions is that many forms of mutual misunderstanding are involved in social situations as well as in those fields themselves. One Japanese traditional comic story called the Konnyaku Mondo is representative and gives hints of how our thought is constrained by incorrect beliefs. Each dialogue critically examines extant theories and common misunderstanding in game theory and economics in order to find possible future developments of those fields.