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This book presents, for the first time, a comprehensive account of conjectural variations equilibria in their static inceptions, featuring new comparative results of equilibria with regard to efficiency. It then describes several advances in Dynamic Game Theory, allowing to understand Conjectural Variations Equilibria as dynamic equilibria. The question of how conjectures evolve in strategic and learning situations with boundedly rational agents is also discussed.
Author(s): Alain Jean-Marie, Nicolas Querou, Mabel Tidball, Charles Figuieres
Series: Series on mathematical economics and game theory 2
Publisher: World Scientific
Year: 2004
Language: English
Pages: 185
City: River Edge, NJ