Personal Strategy and Social Structure - The Evolutionary Theory of Institutions (Contemporary Economics)

Author: Young, H.P. (USA), translated by Wang Yong
Publisher:
Publish Date: 2004-04-01
Features: This book is slightly expanded based on the series of lectures given by the author at the Economic Theory Summer Program at the Hebrew University of Jerusalem in June 1995. The book has two purposes. One is to propose new directions for the development of game theory, where players are not irrational and information is incomplete. The other is to demonstrate how this framework can be applied to the study of socio-economic institutions. This book is part of the "When Economics Translates" series and is the Chinese translation of a seminal work by the authoritative scholar in the field of institutional analysis in game theory, Peter Young. It is regarded as the most major, systematic, new, and high-level theoretical literature available in the field of institutional analysis in game theory to date.