Noncooperative game theory is a way of modelling and analyzing situations in which each player's optimal decisions …-reaching changes in the way that practitioners think about key issues in oligopoly theory, much as the idea of rational expectations … has revolutionized the study of macroeconomics. This chapter reviews those aspects of the noncooperative game theory that …

This advanced text introduces the principles of noncooperative game theory - including strategic form games, Nash … given point. The analytic material is accompanied by many applications, examples, and exercises. The theory of …. Although game theory has been applied to many fields, Fudenberg and Tirole focus on the kinds of game theory that have been …