This volume published by the Truth & Wisdom press is the Chinese translation of the 2014 title, The Language of Game Theory: Putting Epistemics into the Mathematics of Games, by Adam Brandenburger, Director of the Program on Creativity and Innovation at NYU Shanghai. In eight papers written by Brandenburger and his colleagues over the course of 25 years, this work reconstructs game theory to focus on the centrality of how players reason about a game.
This restructured program, now called epistemic game theory, extends the classical definition of a game model to include a description of how the players reason about one another (including their reasoning about other players' reasoning). With this richer mathematical framework, it is possible to determine how players’ reasoning influences the way in which a game is played. Epistemic game theory includes traditional equilibrium-based theory as a special case, but makes it possible to understand a broad range of non-equilibrium behavior.
"Adam Brandenburger's work on the knowledge requirements implicit in game theory has become classic. These are of profound importance in understanding the relevance of game theory and, indeed, economic theory in general to the real economy. It is very good to have them collected, with an introduction that brings out the underlying themes."
—Kenneth J. Arrow, Stanford University, USA, 1972 Nobel laureate in Economics