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Refinements of Nash equilibrium driven by backwards induction in the extensive form or by strategy trembles in the normal form are presented, and strategic stability, the geometry of the Nash equilibrium correspondence, and index theory for Nash equilibrium components are discussed in depth. Ritzberger provides numerous examples and exercises to aid the reader's understanding, most of which are motivated by applications of game theory in economics. While advanced mathematical machinery is used on occasions, an effort has been made to include as many explanations for formal concepts as possible, making this text an invaluable tool for teachers, students, and researchers of microeconomics and game theory.
This is a comprehensive, systematic, and consistent text on advanced game theory. Ritzberger provides precise and extensive descriptions of key concepts and ideas in the field, creating an invaluable reference tool for researchers and graduate students in the social sciences.
This is a comprehensive, systematic, and consistent text on advanced game theory. Ritzberger provides precise and extensive descriptions of key concepts and ideas in the field, creating an invaluable reference tool for researchers and graduate students in the social sciences.