COWLES FOUNDATION FOR RESEARCH IN ECONOMICS
AT YALE UNIVERSITY

Box 208281
New Haven, CT 06520-8281

COWLES FOUNDATION DISCUSSION PAPER NO. 1184

Game Theory, Complexity and Simplicity.
Part III:  Critique and Prospective

Martin Shubik

June 1998

A discussion of some of the problems in the utilization of game theoretic solution concepts is given. It is suggested that a considerable broadeninng of solution concepts is called for to take into account sufficient context. Mass agent simulations appear to offer promise for some economic and societal problems.