A Survey of Noncooperative Game Theory with Reference to Agricultural Markets: Part 1. Theoretical Concepts

This paper is the first of a two-part survey on noncooperative game theory relevant to agricultural markets. Part 1 discusses types of noncooperative games and reviews important developments in noncooperative game theory solution concepts, including Nash equilibrium, subgame perfect equilibrium, and perfect Bayesian equilibrium. Strengths and weaknesses of game theory as a modelling tool are also assessed. Part 2 of the survey will discuss specific applications to agricultural markets.


Subject(s):
Issue Date:
1995-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/12401
Published in:
Review of Marketing and Agricultural Economics, Volume 62, Number 01
Page range:
11-28
Total Pages:
18




 Record created 2017-04-01, last modified 2017-08-23

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