Game Theory and the Law

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Harvard University Press, 1998 - 330 Seiten
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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.
 

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Inhalt

Bibliographic Notes
4
Dynamic Interaction and the Extensive Form Game
50
Information Revelation Disclosure Laws and Renegotiation
79
Signaling Screening and Nonverifiable Information
122
Reputation and Repeated Games
159
Collective Action Embedded Games and the Limits
188
Noncooperative Bargaining
219
Bargaining and Information
244
Information and Selection Bias
260
Summary
266
Notes
275
References
289
159
299
Glossary
301
Index
319
188
321

Modeling Separate Trials for Liability and Damages
251
Urheberrecht

Häufige Begriffe und Wortgruppen

ability able accept accident actions adopt amount assume assumptions bad backs bargaining beliefs benefit best response better buyer careful chairs chance chapter choose combination concept contract costs course court Creditor Dairy damages Debtor decide decision default disclose disclosure dominant strategy Economic effect employer enjoy Entrant event examine example exercise exists exit expected extensive Figure firm form game gains game theory gather give given Hence incentive Incumbent individuals inferences injurer interest kinds land legal rules Lender less liability litigation low-damage monitoring motorist move Nash equilibrium negotiations network externalities node offer optimal outcome particular parties payoff pedestrian Peevyhouses perfect period play player pooling possible problem Processor provides reason receive regime requires seller settle settlement share signal solution subgame tion tort trial Victim workers

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Autoren-Profil (1998)

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.

Bibliografische Informationen

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TitelGame Theory and the Law
AutorenDouglas G. Baird, Robert H. Gertner, Randal C. Picker
Ausgabeillustriert, Neuauflage, überarbeitet
VerlagHarvard University Press, 1998
ISBN0674341112, 9780674341111
Länge330 Seiten
  
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