When von Neumann's and Morgenstern's Theory of Games and Economic Behavior appeared in 1944, one thought that a complete theory of strategic social behavior had

Rationality has long been a central topic in philosophy, crossing standard divisions and categories. It continues to attract much attention in published researc

How do interacting decision-makers make strategic choices? If they’re rational and can somehow predict each other’s behavior, they may find themselves in a

This work explains that equilibrium is the long-run outcome of a process in which non-fully rational players search for optimality over time. The models they e�

This is a paperback edition of a major contribution to the field, first published in hard covers in 1977. The book outlines a general theory of rational behavio