Game Theory in Economics
Chapter 3, The Rules of the Game
ResearchPublished 1972
An overview of the concepts, methods, and formal models that are used in game theory to describe the possible courses of action in a multiperson competitive situation. Among the topics considered are the extensive and strategic forms of a game; Kuhn trees; information sets; pure, mixed, and behavior strategies; recurrent positions; stochastic games; duels; differential games; matrix representations; games on the square; and nonnumerical payoffs. This chapter includes many simple examples and an extensive bibliography.
Document Details
- Copyright: RAND Corporation
- Availability: Web Only
- Year: 1972
- Pages: 99
- DOI: https://doi.org/10.7249/pubs
- Document Number: R-904/3-NSF
Citation
RAND Style Manual
Shapley, Lloyd S. and Martin Shubik, Game Theory in Economics: Chapter 3, The Rules of the Game, RAND Corporation, R-904/3-NSF, 1972. As of July 10, 2026: https://www.rand.org/pubs/reports/R0904z3.html
Chicago Manual of Style
Shapley, Lloyd S. and Martin Shubik, Game Theory in Economics: Chapter 3, The Rules of the Game. Santa Monica, CA: RAND Corporation, 1972. https://www.rand.org/pubs/reports/R0904z3.html.
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