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Full Description
This volume's subject and purpose is the investigation of economic policy issues with the help of non-co-operative game theory. The most important feature of the work is to look at the possible strategic interactions between various economic agents and/or institutions. The book also investigates the potential effects on efficiency and welfare if agents act in a strategic way. The method of non-co-operative game theory leads in general to results which differ from that derived in using "traditional" economic theory.
