Game Theory In Jurisprudence

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.

Applies the tools of game theory and information economics to advance the understanding of how laws work. The organization of the text serves to highlight the basic mechanisms at work and to lay out a natural progression in the sophistication of the game concepts and legal problems considered.

Game theory is a branch of mathematics that studies strategic interactions, i.e., interactions which involve more than one agent and in which each agent makes her/his decision while striving to predict the decisions of other agents. Game theory has been successfully applied in many areas of both the natural and social sciences, and it is the belief of this book's author that it can also be gainfully invoked in the area of legal philosophy. In this book, Wojciech Zaluski analyzes legal-philosophical concepts - such as legal interpretation, justice, legal rights, contract law, tort law, and property law - through the lens of game theory. The book appeals mainly to game theory's conceptual rather than the technical side, and intertwines game-theoretical analysis with the philosophical. It will be accessible to a wider circle of readers interested in legal and moral philosophy.

This is a collection of previously published articles in which ideas from game theory and the economics of asymmetric information are applied to legal issues.

This book uses game theory to explain conflict between individual self-interested behavior and cooperation in economic markets, lawsuits, and legislative bodies. It demonstrates the need for social regulation in addition to free markets and judicial decisions in common law cases.

Games are played everywhere: from economics to evolutionary biology, and from social interactions to online auctions. This title shows how to play such games in a rational way, and how to maximize their outcomes.

Decision Analysis, Game Theory, and Information teaches the basics of decision analysis and game theory, the fundamental tools used over the past half-century by clients, whether businesses, government institutions, or other entities or individuals. Additionally, a brief introduction to basic concepts involving imperfect information concerning other parties are introduced. This handbook is designed for use as a supplementary test for a first-year course, and could also be used in connection with a course on legal methods or law and economics.This handbook comprises Chapters 1 and 2 of Analytical Methods for Lawyers, with appendix and revisions.