COWLES FOUNDATION FOR RESEARCH IN ECONOMICS
AT YALE UNIVERSITY

Box 208281
New Haven, CT 06520-8281

COWLES FOUNDATION DISCUSSION PAPER NO. 476

"Game Theory Models and Methods in Political Economy"

Martin Shubik

November 1977

An overview of different moels and solution concepts of game theory is given together with a sketch of the major areas of application to political economy, as well as with some indications of major open problems.

This piece is designed to complement the essay of Robert Aumann which is more directly concerned with the mathematical methods of game theory. Although many references are given the reader may find more detail and references in a series of Rand reports on Game Theory in Economics [1].