Game Theory And Economic Behaviour

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Theory of Games and Economic Behavior

Author : John Neumann,Oskar Morgenstern
Publisher : Createspace Independent Publishing Platform
Page : 664 pages
File Size : 53,6 Mb
Release : 2018-03-23
Category : Electronic
ISBN : 1983879371

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Theory of Games and Economic Behavior by John Neumann,Oskar Morgenstern Pdf

This book contains an exposition and various applications of a mathematical theory of games.

Game Theory and Economic Behaviour

Author : Reinhard Selten (Economist, Germany)
Publisher : Edward Elgar Publishing
Page : 924 pages
File Size : 43,5 Mb
Release : 1999-03-24
Category : Electronic
ISBN : 1781008299

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Game Theory and Economic Behaviour by Reinhard Selten (Economist, Germany) Pdf

'These two volumes constitute an impressive collection of selected path-breaking works of Professor Selten. . . . Edward Elgar Publications deserve merit for bringing out most frequently-cited and prominent articles of Professor Selten in a conveniently available package.' - K. Ravikumar, Journal of Scientific and Industrial Research In 1994, the Nobel Prize was awarded to Reinhard Selten, John Nash and John Harsanyi, for pioneering analysis in game theory. Selten was the first to refine the Nash equilibrium concept of non-cooperative games for analysing dynamic strategic interaction and to apply these concepts to analyses of oligopoly.

Theory of Games and Economic Behavior

Author : John von Neumann,Oskar Morgenstern
Publisher : Princeton University Press
Page : 774 pages
File Size : 49,9 Mb
Release : 2007-03-19
Category : Business & Economics
ISBN : 9781400829460

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Theory of Games and Economic Behavior by John von Neumann,Oskar Morgenstern Pdf

This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences. This sixtieth anniversary edition includes not only the original text but also an introduction by Harold Kuhn, an afterword by Ariel Rubinstein, and reviews and articles on the book that appeared at the time of its original publication in the New York Times, tthe American Economic Review, and a variety of other publications. Together, these writings provide readers a matchless opportunity to more fully appreciate a work whose influence will yet resound for generations to come.

Theory of Games and Economic Behavior

Author : John Von Neumann,Oskar Morgenstern
Publisher : Unknown
Page : 684 pages
File Size : 50,5 Mb
Release : 1967
Category : Business & Economics
ISBN : STANFORD:36105115216330

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Theory of Games and Economic Behavior by John Von Neumann,Oskar Morgenstern Pdf

This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences.

Game Theory and Behavior

Author : Jeffrey Carpenter,Andrea Robbett
Publisher : MIT Press
Page : 725 pages
File Size : 41,6 Mb
Release : 2022-12-06
Category : Mathematics
ISBN : 9780262047296

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Game Theory and Behavior by Jeffrey Carpenter,Andrea Robbett Pdf

An introduction to game theory that offers not only theoretical tools but also the intuition and behavioral insights to apply these tools to real-world situations. This introductory text on game theory provides students with both the theoretical tools to analyze situations through the logic of game theory and the intuition and behavioral insights to apply these tools to real-world situations. It is unique among game theory texts in offering a clear, formal introduction to standard game theory while incorporating evidence from experimental data and introducing recent behavioral models. Students will not only learn about incentives, how to represent situations as games, and what agents “should” do in these situations, but they will also be presented with evidence that either confirms the theoretical assumptions or suggests a way in which the theory might be updated. Features: Each chapter begins with a motivating example that can be run as an experiment and ends with a discussion of the behavior in the example. Parts I–IV cover the fundamental “nuts and bolts” of any introductory game theory course, including the theory of games, simple games with simultaneous decision making by players, sequential move games, and incomplete information in simultaneous and sequential move games. Parts V–VII apply the tools developed in previous sections to bargaining, cooperative game theory, market design, social dilemmas, and social choice and voting. Part VIII offers a more in-depth discussion of behavioral game theory models including evolutionary and psychological game theory. Supplemental material on the book’s website include solutions to end-of-chapter exercises, a manual for running each chapter’s experimental games using pencil and paper, and the oTree codes for running the games online.

Game Theory and Economic Analysis

Author : Christian Schmidt
Publisher : Routledge
Page : 202 pages
File Size : 53,6 Mb
Release : 2002-06-20
Category : Business & Economics
ISBN : 9781134511181

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Game Theory and Economic Analysis by Christian Schmidt Pdf

This book presents the huge variety of current contributions of game theory to economics. The reader is taken through a concise history of game theory and exposed to original pieces of work that are significant to game theory as a whole.

Behavioral Game Theory

Author : Colin F. Camerer
Publisher : Princeton University Press
Page : 568 pages
File Size : 40,5 Mb
Release : 2011-09-05
Category : Business & Economics
ISBN : 9781400840885

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Behavioral Game Theory by Colin F. Camerer Pdf

Game theory, the formalized study of strategy, began in the 1940s by asking how emotionless geniuses should play games, but ignored until recently how average people with emotions and limited foresight actually play games. This book marks the first substantial and authoritative effort to close this gap. Colin Camerer, one of the field's leading figures, uses psychological principles and hundreds of experiments to develop mathematical theories of reciprocity, limited strategizing, and learning, which help predict what real people and companies do in strategic situations. Unifying a wealth of information from ongoing studies in strategic behavior, he takes the experimental science of behavioral economics a major step forward. He does so in lucid, friendly prose. Behavioral game theory has three ingredients that come clearly into focus in this book: mathematical theories of how moral obligation and vengeance affect the way people bargain and trust each other; a theory of how limits in the brain constrain the number of steps of "I think he thinks . . ." reasoning people naturally do; and a theory of how people learn from experience to make better strategic decisions. Strategic interactions that can be explained by behavioral game theory include bargaining, games of bluffing as in sports and poker, strikes, how conventions help coordinate a joint activity, price competition and patent races, and building up reputations for trustworthiness or ruthlessness in business or life. While there are many books on standard game theory that address the way ideally rational actors operate, Behavioral Game Theory stands alone in blending experimental evidence and psychology in a mathematical theory of normal strategic behavior. It is must reading for anyone who seeks a more complete understanding of strategic thinking, from professional economists to scholars and students of economics, management studies, psychology, political science, anthropology, and biology.

Handbook of Experimental Game Theory

Author : C. M. Capra,Rachel T.A. Croson,Mary L. Rigdon,Tanya S. Rosenblat
Publisher : Edward Elgar Publishing
Page : 448 pages
File Size : 44,6 Mb
Release : 2020-10-30
Category : Business & Economics
ISBN : 9781785363337

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Handbook of Experimental Game Theory by C. M. Capra,Rachel T.A. Croson,Mary L. Rigdon,Tanya S. Rosenblat Pdf

The aim of this Handbook is twofold: to educate and to inspire. It is meant for researchers and graduate students who are interested in taking a data-based and behavioral approach to the study of game theory. Educators and students of economics will find the Handbook useful as a companion book to conventional upper-level game theory textbooks, enabling them to compare and contrast actual behavior with theoretical predictions. Researchers and non-specialists will find valuable examples of laboratory and field experiments that test game theoretic propositions and suggest new ways of modeling strategic behavior. Chapters are organized into several sections; each section concludes with an inspirational chapter, offering suggestions on new directions and cutting-edge topics of research in experimental game theory.

Games, Rationality and Behaviour

Author : Alessandro Innocenti,Patrizia Sbriglia
Publisher : Palgrave MacMillan
Page : 328 pages
File Size : 53,8 Mb
Release : 2008-01-15
Category : Business & Economics
ISBN : STANFORD:36105124096111

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Games, Rationality and Behaviour by Alessandro Innocenti,Patrizia Sbriglia Pdf

Behavioural game theory is the most important recent development of standard game theory, and its applications regard several fields of research, ranging from economic theory to sociology and political science. Behavioural game theory aims to provide a behavioural and psychological approach to game theory modelling, in order to identify more robust equilibrium outcomes and more realistic behavioural assumptions. This book explores the key topics in detail, covering issues such as players' heterogeneity, social preferences, reciprocity, learning and information, and punishment in public good games. It provides a state-of-the-art analysis of the progress and methodology of behavioural game theory, as well as exploring the interdisciplinary aspects of the subject, and is an extremely valuable resource for academics and scholars with an interest in the area. Book jacket.

Economic Behavior, Game Theory, and Technology in Emerging Markets

Author : Bryan Christiansen,Muslum Basilgan
Publisher : Unknown
Page : 0 pages
File Size : 49,6 Mb
Release : 2013
Category : Developing countries
ISBN : 1466647450

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Economic Behavior, Game Theory, and Technology in Emerging Markets by Bryan Christiansen,Muslum Basilgan Pdf

"This book explores game theory and its deep impact in developmental economics, specifically the manner in which it provides a way of formalizing institutions"--

Game Theory

Author : Steven N. Durlauf,Lawrence E. Blume
Publisher : Springer
Page : 379 pages
File Size : 54,6 Mb
Release : 2016-07-14
Category : Literary Criticism
ISBN : 9780230280847

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Game Theory by Steven N. Durlauf,Lawrence E. Blume Pdf

Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.

Essays on Game Theory

Author : The late John F. Nash
Publisher : Edward Elgar Publishing
Page : 116 pages
File Size : 49,7 Mb
Release : 1996-01-01
Category : Business & Economics
ISBN : 1781956294

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Essays on Game Theory by The late John F. Nash Pdf

'This short volume is very welcome . . . Most importantly, on pages 32-33, the volume reprints as an appendix to the journal article based on Nash's Princeton doctoral dissertation on non-cooperative games a section of the thesis on "motivation and interpretation" that was omitted from the article. An editorial note remarks mildly that "The missing section is of considerable interest". This section, not available in any other published source, makes the present volume indispensable for research libraries . . . Nash's Essays on Game Theory, dating from his years as a Princeton graduate student . . . has a lasting impact on economics and related fields unmatched by any series of articles written in such a brief time . . . To economists, his name will always bring to mind his game theory papers of the early 1950s. It is good to have these conveniently reprinted in this volume.' - Robert W. Dimand, The Economic Journal 'The news that John Nash was to share the 1994 Nobel Prize for Economics with John Harsanyi and Reinhard Selten was doubly welcome. It signalled not only that the brilliant achievements of his youth were to be recognized in a manner consistent with their significance, but that the long illness that clouded his later years had fallen into remission. I hope that this collection of his economic papers will serve as another reminder that John Nash has rejoined the intellectual community to which he has contributed so much.' - From the introduction by Ken Binmore Essays on Game Theory is a unique collection of seven of John Nash's essays which highlight his pioneering contribution to game theory in economics. Featuring a comprehensive introduction by Ken Binmore which explains and summarizes John Nash's achievements in the field of non-cooperative and cooperative game theory, this book will be an indispensable reference for scholars and will be welcomed by those with an interest in game theory and its applications to the social sciences.

Economic Behavior, Game Theory, and Technology in Emerging Markets

Author : Christiansen, Bryan
Publisher : IGI Global
Page : 462 pages
File Size : 46,8 Mb
Release : 2013-11-30
Category : Business & Economics
ISBN : 9781466647466

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Economic Behavior, Game Theory, and Technology in Emerging Markets by Christiansen, Bryan Pdf

"This book explores game theory and its deep impact in developmental economics, specifically the manner in which it provides a way of formalizing institutions"--Provided by publisher.

Toward a History of Game Theory

Author : E. Roy Weintraub
Publisher : Duke University Press
Page : 320 pages
File Size : 43,6 Mb
Release : 1992
Category : Business & Economics
ISBN : 0822312530

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Toward a History of Game Theory by E. Roy Weintraub Pdf

During the 1940s "game theory" emerged from the fields of mathematics and economics to provide a revolutionary new method of analysis. Today game theory provides a language for discussing conflict and cooperation not only for economists, but also for business analysts, sociologists, war planners, international relations theorists, and evolutionary biologists. Toward a History of Game Theory offers the first history of the development, reception, and dissemination of this crucial theory. Drawing on interviews with original members of the game theory community and on the Morgenstern diaries, the first section of the book examines early work in game theory. It focuses on the groundbreaking role of the von Neumann-Morgenstern collaborative work, The Theory of Games and Economic Behavior (1944). The second section recounts the reception of this new theory, revealing just how game theory made its way into the literatures of the time and thus became known among relevant communities of scholars. The contributors explore how game theory became a wedge in opening up the social sciences to mathematical tools and use the personal recollections of scholars who taught at Michigan and Princeton in the late 1940s to show why the theory captivated those practitioners now considered to be "giants" in the field. The final section traces the flow of the ideas of game theory into political science, operations research, and experimental economics. Contributors. Mary Ann Dimand, Robert W. Dimand, Robert J. Leonard, Philip Mirowski, Angela M. O'Rand, Howard Raiffa, Urs Rellstab, Robin E. Rider, William H. Riker, Andrew Schotter, Martin Shubik, Vernon L. Smith

Handbook of Game Theory

Author : Petyon Young,Shmuel Zamir
Publisher : Elsevier
Page : 1024 pages
File Size : 40,7 Mb
Release : 2014-10-01
Category : Mathematics
ISBN : 9780444537676

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Handbook of Game Theory by Petyon Young,Shmuel Zamir Pdf

The ability to understand and predict behavior in strategic situations, in which an individual’s success in making choices depends on the choices of others, has been the domain of game theory since the 1950s. Developing the theories at the heart of game theory has resulted in 8 Nobel Prizes and insights that researchers in many fields continue to develop. In Volume 4, top scholars synthesize and analyze mainstream scholarship on games and economic behavior, providing an updated account of developments in game theory since the 2002 publication of Volume 3, which only covers work through the mid 1990s. Focuses on innovation in games and economic behavior Presents coherent summaries of subjects in game theory Makes details about game theory accessible to scholars in fields outside economics