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Exploring the intersection of ethics and mathematical bargaining theory, this work critiques the Nash bargaining solution's foundations, revealing its divergence from real-life scenarios. It examines three major justifications for the Nash solution and demonstrates how adjusting these premises leads to a utilitarian approach. By providing a mathematical model of bargaining applicable to real-world situations, the book appeals to game theorists, moral philosophers, and anyone involved in cooperative endeavors, all without requiring prior knowledge in the fields.
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The Mathematics of Justice, Michael Brand
- Language
- Released
- 2010
- product-detail.submit-box.info.binding
- (Paperback)
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- Title
- The Mathematics of Justice
- Subtitle
- How Utilitarianism Bridges Game Theory and Ethics
- Language
- English
- Authors
- Michael Brand
- Publisher
- LAP LAMBERT Academic Publishing
- Released
- 2010
- Format
- Paperback
- Pages
- 84
- ISBN13
- 9783838318042
- Category
- Mathematics
- Description
- Exploring the intersection of ethics and mathematical bargaining theory, this work critiques the Nash bargaining solution's foundations, revealing its divergence from real-life scenarios. It examines three major justifications for the Nash solution and demonstrates how adjusting these premises leads to a utilitarian approach. By providing a mathematical model of bargaining applicable to real-world situations, the book appeals to game theorists, moral philosophers, and anyone involved in cooperative endeavors, all without requiring prior knowledge in the fields.