A discussion of some of the problems in the utilization of game theoretic solution concepts is given. It is suggested that a considerable broadening 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.
Shubik, Martin, "Game Theory, Complexity and Simplicity. Part III: Critique and Prospective" (1998). Cowles Foundation Discussion Papers. 1432.