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Game Theory and the Law
Game Theory and the Law promises to be the definitive guide to the field. It provides a highly sophisticated yet exceptionally clear explanation of game theory, with a host of applications to legal issues. The authors have not only synthesized the existing scholarship, but also created the foundation for the next generation of research in law and economics."
--Daniel A. Farber ( University of Minnesota Law School )
--Daniel A. Farber ( University of Minnesota Law School )
344 pages, Hardcover
First published November 7, 1994
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About the author
Douglas G. Baird
25 books22 followersDouglas Baird is the Harry A. Bigelow Distinguished Service Professor of Law at the University of Chicago Law School.
Douglas Baird graduated from Stanford Law School in 1979. At Stanford he was elected to the Order of the Coif and served as the Managing Editor of the Stanford Law Review. He received his BA in English summa cum laude from Yale College in 1975. Before joining the faculty in 1980, he was a law clerk to Judge Shirley M. Hufstedler and Judge Dorothy W. Nelson, both of the U.S. Court of Appeals for the Ninth Circuit.
Mr. Baird served as Dean of the Law School from 1994 to 1999. His research and teaching interests focus on corporate reorganizations and contracts.
Douglas Baird graduated from Stanford Law School in 1979. At Stanford he was elected to the Order of the Coif and served as the Managing Editor of the Stanford Law Review. He received his BA in English summa cum laude from Yale College in 1975. Before joining the faculty in 1980, he was a law clerk to Judge Shirley M. Hufstedler and Judge Dorothy W. Nelson, both of the U.S. Court of Appeals for the Ninth Circuit.
Mr. Baird served as Dean of the Law School from 1994 to 1999. His research and teaching interests focus on corporate reorganizations and contracts.
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Displaying 1 of 1 review
March 1, 2008
Yeah, I know: Thom is reading another hyper-intellectual book to prove he isn't dumber than the rest of us.
Don't get me wrong. I freely admit this book is about as compelling as a mouth full of dry rolled oats. It reads slowly, painfully, awkwardly. It's drawn-out explanations of simple games is awful. But the principles it applies are sublime in that they reflect a degree of analytical rigor that is sorely missing from so much of law. The principles of game theory have already been discovered, praised, and profitably exploited by other humanities like political science, economics, and social science. Yet law--as is its wont--lags pitifully behind other disciplines as the dead weight of tradition and precedent--and a retarded sense of empiricism--prevent judges and academics from embracing new modes of thought.
Again, I insist that this is the most boring book I've read in years. But for someone who has the patience to slog through the numerous, mind-numbing implications of prisoner's dillema, stag hunt, the battle of the sexes, matching pennies, and multiple Nash equilibria, the reward is a powerful new repertoire of analytical tools and an expanded sensitivity to the dynamincs of strategic interaction.
Don't get me wrong. I freely admit this book is about as compelling as a mouth full of dry rolled oats. It reads slowly, painfully, awkwardly. It's drawn-out explanations of simple games is awful. But the principles it applies are sublime in that they reflect a degree of analytical rigor that is sorely missing from so much of law. The principles of game theory have already been discovered, praised, and profitably exploited by other humanities like political science, economics, and social science. Yet law--as is its wont--lags pitifully behind other disciplines as the dead weight of tradition and precedent--and a retarded sense of empiricism--prevent judges and academics from embracing new modes of thought.
Again, I insist that this is the most boring book I've read in years. But for someone who has the patience to slog through the numerous, mind-numbing implications of prisoner's dillema, stag hunt, the battle of the sexes, matching pennies, and multiple Nash equilibria, the reward is a powerful new repertoire of analytical tools and an expanded sensitivity to the dynamincs of strategic interaction.
Displaying 1 of 1 review