Download or read book Models of Strategic Reasoning written by Johan van Benthem and published by Springer. This book was released on 2016-01-08 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic behavior is the key to social interaction, from the ever-evolving world of living beings to the modern theatre of designed computational agents. Strategies can make or break participants’ aspirations, whether they are selling a house, playing the stock market, or working toward a treaty that limits global warming. This book aims at understanding the phenomenon of strategic behavior in its proper width and depth. A number of experts have combined forces in order to create a comparative view of the different frameworks for strategic reasoning in social interactions that have been developed in game theory, computer science, logic, linguistics, philosophy, and cognitive and social sciences. The chapters are organized in three topic-based sections, namely reasoning about games; formal frameworks for strategies; and strategies in social situations. The book concludes with a discussion on the future of logical studies of strategies.

Download or read book Beyond the Invisible Hand written by Kaushik Basu and published by Princeton University Press. This book was released on 2016-08-02 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. This deep insight has, over the past two centuries, been taken out of context, contorted, and used as the cornerstone of free-market orthodoxy. In Beyond the Invisible Hand, Kaushik Basu argues that mainstream economics and its conservative popularizers have misrepresented Smith's insight and hampered our understanding of how economies function, why some economies fail and some succeed, and what the nature and role of state intervention might be. Comparing this view of the invisible hand with the vision described by Kafka--in which individuals pursuing their atomistic interests, devoid of moral compunction, end up creating a world that is mean and miserable--Basu argues for collective action and the need to shift our focus from the efficient society to one that is also fair. Using analytic tools from mainstream economics, the book challenges some of the precepts and propositions of mainstream economics. It maintains that, by ignoring the role of culture and custom, traditional economics promotes the view that the current system is the only viable one, thereby serving the interests of those who do well by this system. Beyond the Invisible Hand challenges readers to fundamentally rethink the assumptions underlying modern economic thought and proves that a more equitable society is both possible and sustainable, and hence worth striving for. By scrutinizing Adam Smith's theory, this impassioned critique of contemporary mainstream economics debunks traditional beliefs regarding best economic practices, self-interest, and the social good.

Download or read book The Consistent Preferences Approach to Deductive Reasoning in Games written by Geir B. Asheim and published by Springer Science & Business Media. This book was released on 2010-07-07 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decade I have explored the consequences of what I have chosen to call the 'consistent preferences' approach to deductive reasoning in games. To a great extent this work has been done in coop eration with my co-authors Martin Dufwenberg, Andres Perea, and Ylva Sovik, and it has lead to a series of journal articles. This book presents the results of this research program. Since the present format permits a more extensive motivation for and presentation of the analysis, it is my hope that the content will be of interest to a wider audience than the corresponding journal articles can reach. In addition to active researcher in the field, it is intended for graduate students and others that wish to study epistemic conditions for equilibrium and rationalizability concepts in game theory. Structure of the book This book consists of twelve chapters. The main interactions between the chapters are illustrated in Table 0.1. As Table 0.1 indicates, the chapters can be organized into four dif ferent parts. Chapters 1 and 2 motivate the subsequent analysis by introducing the 'consistent preferences' approach, and by presenting ex amples and concepts that are revisited throughout the book. Chapters 3 and 4 present the decision-theoretic framework and the belief operators that are used in later chapters. Chapters 5, 6, 10, and 11 analyze games in the strategic form, while the remaining chapters-Chapters 7, 8, 9, and 12-are concerned with games in the extensive form.

Download or read book The Logic of Strategy written by Cristina Bicchieri and published by Oxford University Press. This book was released on 1999-09-02 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited by three leading figures in the field, this exciting volume presents cutting-edge work in decision theory by a distinguished international roster of contributors. These mostly unpublished papers address a host of crucial areas in the contemporary philosophical study of rationality and knowledge. Topics include causal versus evidential decision theory, game theory, backwards induction, bounded rationality, counterfactual reasoning in games and in general, analyses of the famous common knowledge assumptions in game theory, and evaluations of the normal versus extensive form formulations of complex decision problems.

Download or read book Epistemic Game Theory written by Andrés Perea and published by Cambridge University Press. This book was released on 2012-06-07 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first textbook to explain the principles of epistemic game theory.

Download or read book Where Responsibility Takes You written by Ilaria Canavotto and published by Springer Nature. This book was released on 2022-11-04 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the Ph.D. dissertation of Ilaria Canavotto. The thesis won the E.W. Beth Dissertation Prize in 2021 for outstanding dissertations in the fields of logic, language, and information. It combines modal logics of agency, counterfactuals, and norms in order to study the reasoning underlying ascriptions of causal responsibility, the responsibility an agent is subject to because of the states of affairs they have brought about. Ascriptions of causal responsibility involve both causal reasoning and normative reasoning. In order to provide a logical analysis of these components, the dissertation brings together two mainstream logics of actions, STIT (seeing to it that) logic and Propositional Dynamic Logic, and extends them with an analysis of causality, a Lewis-Stalnaker style analysis of counterfactuals, subject matter semantics, and deontic logic. The author uses the resulting logics to investigate a number of philosophical issues underlying ascriptions of causal responsibility and technical issues emerging from the unification of the above-mentioned formal frameworks.

Download or read book Readings in Formal Epistemology written by Horacio Arló-Costa and published by Springer. This book was released on 2016-06-07 with total page 930 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents 38 classic texts in formal epistemology, and strengthens the ties between research into this area of philosophy and its neighbouring intellectual disciplines. The editors provide introductions to five subsections: Bayesian Epistemology, Belief Change, Decision Theory, Interactive Epistemology and Epistemic Logic. 'Formal epistemology' is a term coined in the late 1990s for a new constellation of interests in philosophy, the origins of which are found in earlier works of epistemologists, philosophers of science and logicians. It addresses a growing agenda of problems concerning knowledge, belief, certainty, rationality, deliberation, decision, strategy, action and agent interaction – and it does so using methods from logic, probability, computability, decision and game theory. The volume also includes a thorough index and suggestions for further reading, and thus offers a complete teaching and research package for students as well as research scholars of formal epistemology, philosophy, logic, computer science, theoretical economics and cognitive psychology.

Download or read book Explaining Games written by Boudewijn de Bruin and published by Springer Science & Business Media. This book was released on 2010-08-18 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does game theory - the mathematical theory of strategic interaction - provide genuine explanations of human behaviour? Can game theory be used in economic consultancy or other normative contexts? Explaining Games: The Epistemic Programme in Game Theory - the first monograph on the philosophy of game theory - is a bold attempt to combine insights from epistemic logic and the philosophy of science to investigate the applicability of game theory in such fields as economics, philosophy and strategic consultancy. De Bruin proves new mathematical theorems about the beliefs, desires and rationality principles of individual human beings, and he explores in detail the logical form of game theory as it is used in explanatory and normative contexts. He argues that game theory reduces to rational choice theory if used as an explanatory device, and that game theory is nonsensical if used as a normative device. A provocative account of the history of game theory reveals that this is not bad news for all of game theory, though. Two central research programmes in game theory tried to find the ultimate characterisation of strategic interaction between rational agents. Yet, while the Nash Equilibrium Refinement Programme has done badly thanks to such research habits as overmathematisation, model-tinkering and introversion, the Epistemic Programme, De Bruin argues, has been rather successful in achieving this aim.

Download or read book Theoretical Aspects of Reasoning about Knowledge written by Ronald Fagin and published by Morgan Kaufmann Publishers. This book was released on 1994 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in the area of Theoretical Aspects of Reasoning About Knowledge has increased significantly since the first conference was held in 1986 in the Asilomar Conference Center in Pacific Grove, California. Since then, the conference has become a regular biennial event. The results of scientists in the field of reasoning about knowledge have contributed to research in a variety of areas including artificial intelligence, economics, linguistics, philosophy and theoretical computer science. This volume chronicles the fifth conference, held in 1994, which included presentations by an interdisciplinary collection of leading researchers in the field. The 23 extended abstracts published here include 21 contributed papers and 2 invited papers, and represent state-of-the-art research. This volume is a valuable reference to the active interdisciplinary field of reasoning about knowledge, suitable for researchers, students and teachers.

Download or read book The Prisoner s Dilemma written by Martin Peterson and published by Cambridge University Press. This book was released on 2015-07-02 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the Prisoner's Dilemma, exploring its continued significance and ramifications in varying fields of study.

Download or read book Counterfactual Reasoning written by Ph D. Noel Hendrickson and published by Lulu.com. This book was released on 2011-09-16 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Counterfactual reasoning evaluates conditional claims about alternate possibilities and their consequences (i.e., ?What If? statements). Counterfactuals are essential to intelligence analysis. The process of counterfactual reasoning has three stages. First, one must establish the particular way in which the alternate possibility comes to be (i.e., develop its ?back-story?). Second, one must evaluate the events that occur between the time of the alternate possibility and the time for which one is considering its consequences. And third, one must examine the possible consequences of the alternate possibility's back-story and the events that follow it. In doing so, an analyst must connect conclusions to speci

Download or read book Mathematical Reviews written by and published by . This book was released on 2005 with total page 1518 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Journal of Economic Theory written by Karl Shell and published by . This book was released on 1999 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Probability Models for Economic Decisions second edition written by Roger B. Myerson and published by MIT Press. This book was released on 2019-12-17 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the use of probability models for analyzing risk and economic decisions, using spreadsheets to represent and simulate uncertainty. This textbook offers an introduction to the use of probability models for analyzing risks and economic decisions. It takes a learn-by-doing approach, teaching the student to use spreadsheets to represent and simulate uncertainty and to analyze the effect of such uncertainty on an economic decision. Students in applied business and economics can more easily grasp difficult analytical methods with Excel spreadsheets. The book covers the basic ideas of probability, how to simulate random variables, and how to compute conditional probabilities via Monte Carlo simulation. The first four chapters use a large collection of probability distributions to simulate a range of problems involving worker efficiency, market entry, oil exploration, repeated investment, and subjective belief elicitation. The book then covers correlation and multivariate normal random variables; conditional expectation; optimization of decision variables, with discussions of the strategic value of information, decision trees, game theory, and adverse selection; risk sharing and finance; dynamic models of growth; dynamic models of arrivals; and model risk. New material in this second edition includes two new chapters on additional dynamic models and model risk; new sections in every chapter; many new end-of-chapter exercises; and coverage of such topics as simulation model workflow, models of probabilistic electoral forecasting, and real options. The book comes equipped with Simtools, an open-source, free software used througout the book, which allows students to conduct Monte Carlo simulations seamlessly in Excel.

Download or read book Quantified Representation of Uncertainty and Imprecision written by Dov M. Gabbay and published by Springer Science & Business Media. This book was released on 1998-10-31 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are happy to present the first volume of the Handbook of Defeasible Reasoning and Uncertainty Management Systems. Uncertainty pervades the real world and must therefore be addressed by every system that attempts to represent reality. The representation of uncertainty is a ma jor concern of philosophers, logicians, artificial intelligence researchers and com puter sciencists, psychologists, statisticians, economists and engineers. The present Handbook volumes provide frontline coverage of this area. This Handbook was produced in the style of previous handbook series like the Handbook of Philosoph ical Logic, the Handbook of Logic in Computer Science, the Handbook of Logic in Artificial Intelligence and Logic Programming, and can be seen as a companion to them in covering the wide applications of logic and reasoning. We hope it will answer the needs for adequate representations of uncertainty. This Handbook series grew out of the ESPRIT Basic Research Project DRUMS II, where the acronym is made out of the Handbook series title. This project was financially supported by the European Union and regroups 20 major European research teams working in the general domain of uncertainty. As a fringe benefit of the DRUMS project, the research community was able to create this Hand book series, relying on the DRUMS participants as the core of the authors for the Handbook together with external international experts.

Download or read book A Philosophy of Madness written by Wouter Kusters and published by MIT Press. This book was released on 2020-12-01 with total page 769 pages. Available in PDF, EPUB and Kindle. Book excerpt: The philosophy of psychosis and the psychosis of philosophy: a philosopher draws on his experience of madness. In this book, philosopher and linguist Wouter Kusters examines the philosophy of psychosis—and the psychosis of philosophy. By analyzing the experience of psychosis in philosophical terms, Kusters not only emancipates the experience of the psychotic from medical classification, he also emancipates the philosopher from the narrowness of textbooks and academia, allowing philosophers to engage in real-life praxis, philosophy in vivo. Philosophy and madness—Kusters's preferred, non-medicalized term—coexist, one mirroring the other. Kusters draws on his own experience of madness—two episodes of psychosis, twenty years apart—as well as other first-person narratives of psychosis. Speculating about the maddening effect of certain words and thought, he argues, and demonstrates, that the steady flow of philosophical deliberation may sweep one into a full-blown acute psychotic episode. Indeed, a certain kind of philosophizing may result in confusion, paradoxes, unworldly insights, and circular frozenness reminiscent of madness. Psychosis presents itself to the psychotic as an inescapable truth and reality. Kusters evokes the mad person's philosophical or existential amazement at reality, thinking, time, and space, drawing on classic autobiographical accounts of psychoses by Antonin Artaud, Daniel Schreber, and others, as well as the work of phenomenological psychiatrists and psychologists and such phenomenologists as Edmund Husserl and Maurice Merleau-Ponty. He considers the philosophical mystic and the mystical philosopher, tracing the mad undercurrent in the Husserlian philosophy of time; visits the cloud castles of mystical madness, encountering LSD devotees, philosophers, theologians, and nihilists; and, falling to earth, finds anxiety, emptiness, delusions, and hallucinations. Madness and philosophy proceed and converge toward a single vanishing point.

Download or read book The American Economic Review written by and published by . This book was released on 1998 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: