| Description |
1 online resource (ix, 236 pages) |
| Contents |
1. Introduction : cooperation, altruism, and economic theory -- 2. Simple Kantian equilibrium -- 3. Heterogeneous preferences : multiplicative and additive Kantian optimization -- 4. Other forms of Kantian optimization -- 5. Altruism -- 6. Is Kantian optimization really Nash optimization under another guise? -- 7. Existence and dynamics of Kantian equilibrium -- 8. Evolutionary considerations : can Kantians resist invasion by Nashers? -- 9. Alternative approaches to cooperation -- 10. A generalization to more complex production economies -- 11. International cooperation to reduce global carbon emissions -- 12. Efficient provision of a public and private good : a semimarket economy -- 13. Two designs for market socialism -- 14. An economy of worker-owned firms -- 15. Conclusion : positive or normative? |
| Summary |
A new theory of how and why we cooperate, drawing from economics, political theory, and philosophy to challenge the conventional wisdom of game theory Game theory explains competitive behavior by working from the premise that people are self-interested. People don't just compete, however; they also cooperate. John Roemer argues that attempts by orthodox game theorists to account for cooperation leave much to be desired. Unlike competing players, cooperating players take those actions that they would like others to take--which Roemer calls "Kantian optimization." Through rigorous reasoning and modeling, Roemer demonstrates a simpler theory of cooperative behavior than the standard model provides |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record |
| Subject |
Kant, Immanuel, 1724-1804.
|
|
Nash, John F., Jr., 1928-2015.
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| SUBJECT |
Kant, Immanuel, 1724-1804 fast |
|
Nash, John F., Jr., 1928-2015 fast |
| Subject |
Cooperation -- Mathematical models
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Mutualism -- Mathematical models
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Altruism.
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Game theory.
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BUSINESS & ECONOMICS -- Economics -- General.
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BUSINESS & ECONOMICS -- Economics -- Theory.
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Altruism
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Cooperation -- Mathematical models
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Game theory
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| Form |
Electronic book
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| ISBN |
9780300245325 |
|
0300245327 |
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