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Game Theory and the Law
Douglas G. Baird
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Description for Game Theory and the Law
Paperback. Applies the tools of game theory and information economics to advance the understanding of how laws work. The organization of the text serves to highlight the basic mechanisms at work and to lay out a natural progression in the sophistication of the game concepts and legal problems considered. Num Pages: 344 pages, 47 line illustrations. BIC Classification: KCA; LAB; PBT. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 232 x 156 x 24. Weight in Grams: 394.
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.
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.
Product Details
Publisher
Harvard University Press
Number of pages
344
Format
Paperback
Publication date
1998
Condition
New
Number of Pages
344
Place of Publication
Cambridge, Mass, United States
ISBN
9780674341111
SKU
V9780674341111
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-18
About Douglas G. Baird
Douglas G. Baird is Harry A. Bigelow Distinguished Service Professor of Law at the University of Chicago Law School. Robert H. Gertner is Professor of Economics and Strategy at the University of Chicago. Randal C. Picker is Paul and Theo Leffmann Professor of Law at the University of Chicago.
Reviews for Game Theory and the Law
Game Theory and the Law promises to be the definitive guide to the field. It provides a highly sophisticated yet exceptionally clear explanation of game theory, with a host of applications to legal issues. The authors have not only synthesized the existing scholarship, but also created the foundation for the next generation of research in law and economics.
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