Game Theory and Operations Research: Some Musings 50 Years Later

12 Pages Posted: 22 Jun 2001  

Martin Shubik

Yale University - School of Management; Yale University - Cowles Foundation

Date Written: May 2001

Abstract

A discussion of the utilization of the methods of game theory in operations research is given together with a consideration of the future developments. The language and analogies provided by game theory are now broadly accepted. It is suggested that the deep successes of game theory have illuminated its limitations and have helped to open up investigations in computer science, behavioral economics and simulation where the limitations of intelligence and of data processing are taken into account.

JEL Classification: C7, D40, D81

Suggested Citation

Shubik, Martin, Game Theory and Operations Research: Some Musings 50 Years Later (May 2001). Yale SOM Working Paper No. ES-14. Available at SSRN: https://ssrn.com/abstract=271029 or http://dx.doi.org/10.2139/ssrn.271029

Martin Shubik (Contact Author)

Yale University - School of Management ( email )

Box 208200
New Haven, CT 06520-8200
United States

Yale University - Cowles Foundation ( email )

Box 208281
New Haven, CT 06520-8281
United States
203-432-3694 (Phone)
203-432-6167 (Fax)

HOME PAGE: http://cowles.econ.yale.edu/P/au/d_shubik.htm

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