----- Original Message ----- From: "Peter Dorman" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Tuesday, March 19, 2002 1:08 PM Subject: [PEN-L:24097] Re: Nash & game theory
> I very much like the critique of Nash's approach in GAME THEORY: A > CRITICAL INTRODUCTION by Hargreaves Heap and Varoufakis. > > As a very general statement, my main gripe with the mainstream economics > appropriation of game theory is its fixation with solutions. Game > theory is too abstract to have much value as a predictive machine, and > what value is there to assuming a very specific set of rules, payoffs > etc. just to get a particular outcome? I think the main point of game > theory is to present a syntax for analyzing complex strategic > interactions. > > Peter ====================== For a brilliant exposition of how GT runs into Godelian problems: < http://www.sunysb.edu/philosophy/faculty/pgrim/SPA TIALP.HTM > Ian
