TEORIJA IGARA I EKONOMSKA NAUKA
THE GAME THEORY AND ECONOMICS
Author(s): Božo StojanovićSubject(s): Economic history, Evaluation research
Published by: Српско социолошко друштво
Keywords: game; cooperativity; non-cooperativiry; risk; unceratinty; rationality;
Summary/Abstract: Among numerous problems od contemporary economics, there is a question on which way is to be explained and formalised behavior of market participants under condition of uncertainty and conflict of interests. Considering economy not as a precise determined apparatus, but as a complex and hardly predictable game including many individuals, the game theory has offered one answer wich have not "firmness" of results in physic having been admired by economists almost during the whole century. The game theory can not be applicable to all problems of economy, but answering many questions it has offfered much more than some defined by standard analitycal approaches.
Journal: Социолошки преглед
- Issue Year: 31/1997
- Issue No: 2
- Page Range: 183-202
- Page Count: 20
- Language: Serbian