Re: Re: Re: Re: McArthur grantee

[Eugene Coyle]

Good point Jim.  "Cooperative game theory" is just another bullshit cover for
competitive equilibrium.

    It is being used in the battles I'm in to justify deregulating electric
power, concluding that just the "right" amount of capacity can be built as the
fierce competitors play out their games.

Gene Coyle

Jim Devine wrote:

> >Brad De Long wrote:
> >>He's [Matt Rabin is] brilliant, and very witty: good company. Lots of
> >>interesting ideas about how game theory should be developed...
>
> Doug writes:
> >To what end? What's the point of game theory? What does it explain that
> >things other than game theory don't?
>
> I hope that Rabin is leading the fight against cooperative game theory. But
> I'd like to hear what Rabin's contributions to this field have been.
>
> Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine/AS