Stability and Perfection of Nash Equilibia

Addressed to researchers who want to apply game theory, but also usable as a graduate level textbook. Discusses the main shortcomings of the classical solution concept, and explains how more recent concepts of equilibria work better. The first edition (1987) was reviewed in Reference and Research Book News in June 1988. The second edition corrects mistakes and adds a few notes. Annotation copyright Book News, Inc. Portland, Or.