EMINENT PAPER SERIES THE PRESENT AND FUTURE OF GAME THEORY

Martin Shubik

The Singapore Economic Review (SER), 2012, vol. 57, issue 01, 1-14

Abstract: A broad nontechnical coverage of many of the developments in game theory since the 1950s is given, together with some comments on important open problems and where some of the developments may take place. The reference section given serves only as a minimal guide to the many thousands of books and articles that have been written on this topic. The purpose here is to present a broadbrush picture of the many areas of study and application that have come into being. The use of deep techniques flourishes best when it stays in touch with application. There is a vital symbiotic relationship between good theory and practice. The breakneck speed of development of game theory calls for an appreciation of both the many realities of conflict, coordination and cooperation and their abstract investigation.

Keywords: Game theory; application and theory; social sciences; law; experimental gaming; conflict; coordination and cooperation; C7; C9 (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1142/S0217590812500014

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