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  3. Rational Behaviour and Bargaining Equilibrium in Games and Social Situations
  • Cited by 655
Publisher:
Cambridge University Press
Online publication date:
November 2009
Print publication year:
1977
Online ISBN:
9780511571756
DOI:
https://doi.org/10.1017/CBO9780511571756
Subjects:
Economics, Microeconomics, Political Economy, Politics and International Relations
Information

Book description

This is a paperback edition of a major contribution to the field, first published in hard covers in 1977. The book outlines a general theory of rational behaviour consisting of individual decision theory, ethics, and game theory as its main branches. Decision theory deals with a rational pursuit of individual utility; ethics with a rational pursuit of the common interests of society; and game theory with an interaction of two or more rational individuals, each pursuing his own interests in a rational manner.

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