Introduction - setting the scene: whither away? the art of compromise; moral philosophy; non-cooperative game theory; cooperative game theory; Nash program; implementation. Part 1 Nuances of negotiations: realistic bargaining models; bargaining problems; bargaining solutions; characterizing bargaining solutions; bargaining with commitment; trustless transactions; bargaining without commitment; other approaches to bargaining. Part 2 Evolution in Eden: the good, the right, and the seemly; utilitarianism; fictitious postulatum? evolutionary ethics; evolution and justice; non-teleological utilitarianism; morality as a short-run phenomenon. Part 3 Rationalizing reciprocity: back-scratching; rights in a theory of the seemly; Folk theorem; social contracts in big societies; the role of the emotions; due process; renegation; what about moral values? Part 4 Yearning for utopia: envy; equity in economics; equity in psychology; equity in anthropology; the game of morals; worthiness and power; the market and the long run; unfinished business; a perfect commonwealth?; humean and humane. Appendices: really meaning it! Harsanyi scholarship; bargaining theory.
Advances in game theory during the past several decades have substantial implications for the fundamental questions of social philosophy, and this connection needs to be made. One can make the case, that, in the context of Western intellectual history, game theory is the modern continuation of Hobbes's great work, as theoretical physics is of Newton's. As a great writer and a distinguished game theorist, Ken Binmore is one of those best qualified for this work. -- Roger Myerson, Kellogg School of Management, Northwestern University As an overview of its subject, and in the clarity and comprehensiveness of its discussion, Game Theory and the Social Contract is superior to all of the current literature on the subject. Overall, it is a brilliant exposition of game theory for political philosophy and nicely complements the author's textbook, Fun and Games. -- Vincent P. Crawford, Department of Economics, University of California This is a book which will be widely read and debated by philosophers, political theorists, and economists. A major piece of work, it is highly original and will stimulate a large critical literature. -- John Weymark, Department of Economics, John Hopkins University "Ken Binmore's Game Theory and the Social Contract is the mostimportant work in social philosophy since John Rawls' Theory ofJustice. It is highly original, insightful, and will be a focalpoint for social theory." Brian Skyrms , Distinguished Professor of Philosophy and Professor of Economics, University of California, Irvine
Ken Binmore is Emeritus Professor at University College London. A Fellow of the Econometric Society and the British Academy, he is the author of Game Theory and the Social Contract, Volume 1: Playing Fair (1994) and Volume 2: Just Playing (1998), and the coeditor of Frontiers of Game Theory (1993), all three published by The MIT Press.
"Ken Binmore's Game Theory and the Social Contract is the mostimportant work in social philosophy since John Rawls' Theory ofJustice. It is highly original, insightful, and will be a focalpoint for social theory." Brian Skyrms , Distinguished Professor of Philosophy and Professor of Economics, University of California, Irvine
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