In Game Theory and the Social Contract, Ken Binmore argues that game theory provides a systematic tool for investigating ethical matters. His reinterpretation of classical social contract ideas within a game-theoretic framework generates new insights into the fundamental questions of social...

This volume brings together all of Ken Binmore's influential experimental papers on bargaining along with newly written commentary in which Binmore discusses the underlying game theory and addresses the criticism leveled at it by behavioral economists. When Binmore began his experimental work in...

In Volume 1 of Game Theory and the Social Contract, Ken Binmore restated the problems of moral and political philosophy in the language of game theory. In Volume 2, Just Playing, he unveils his own controversial theory, which abandons the metaphysics of Immanuel Kant for the naturalistic...

Can people be relied upon to be nice to each other? Thomas Hobbes famously did not think so, but his view that rational cooperation does not require that people be nice has never been popular. The debate has continued to simmer since Joseph Butler took up the Hobbist gauntlet in 1725. This...

In two-person generosity games the proposer's agreement payoffis exogenously given whereas that of the responder is endogenouslydetermined by the proposer's choice of the pie size. Earlier resultsfor two-person generosity games show that participants seem to caremore for eciency than for equity....

Agents interacting on a body of water choose between technologiesto catch …sh. One is harmless to the resource, as it allows full recovery;the other yields high immediate catches, but low(er) future catches.Strategic interaction in one ‘objective’resource game may induceseveral ‘subjective’...

We introduce a stochastic game in which transition probabilitiesdepend on the history of the play, i.e., the players’past action choices.To solve this new type of game under the limiting average reward crite-rion, we determine the set of jointly-convergent pure-strategy rewardswhich can be...