Game Theory and the Law
Download or Read eBook Game Theory and the Law PDF written by Douglas G. Baird and published by Harvard University Press. This book was released on 1994 with total page 348 pages. Available in PDF, EPUB and Kindle.
Author | : Douglas G. Baird |
Publisher | : Harvard University Press |
Total Pages | : 348 |
Release | : 1994 |
ISBN-10 | : 0674341112 |
ISBN-13 | : 9780674341111 |
Rating | : 4/5 (12 Downloads) |
Book Synopsis Game Theory and the Law by : Douglas G. Baird
Book excerpt: This book is the first to apply the tools of game theory and information economics to advance our understanding of how laws work. Organized around the major solution concepts of game theory, it shows how such well known games as the prisoner's dilemma, the battle of the sexes, beer-quiche, and the Rubinstein bargaining game can illuminate many different kinds of legal problems. Game Theory and the Law highlights the basic mechanisms at work and lays out a natural progression in the sophistication of the game concepts and legal problems considered.