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Author : David M. Kreps
Publisher : Oxford University Press
Page : 204 pages
File Size : 44,6 Mb
Release : 1990
Category : Mathematics
ISBN : 9780198283812
Comprises lectures given at Tel Aviv University and Oxford University in 1990.
Author : David M. Kreps
Publisher : Unknown
Page : 188 pages
File Size : 44,8 Mb
Release : 1991
Category : Competition
ISBN : 0191596566
The advent of noncooperative game theory over the past two decades has brought about a mild revolution in economics. This book presents an accessible, non-technical discussion of the basic concepts from noncooperative theory, and explores the strengths, weaknesses, and future of the theory as a tool for economists.
Author : George J Mailath
Publisher : World Scientific
Page : 364 pages
File Size : 40,7 Mb
Release : 2018-12-18
Category : Business & Economics
ISBN : 9789813239951
It is impossible to understand modern economics without knowledge of the basic tools of gametheory and mechanism design. This book provides a graduate-level introduction to the economic modeling of strategic behavior. The goal is to teach Economics doctoral students the tools of game theory and mechanism design that all economists should know.
Author : Nicola Giocoli
Publisher : Edward Elgar Publishing
Page : 482 pages
File Size : 49,6 Mb
Release : 2003-01-01
Category : Political Science
ISBN : 1781956472
"This book explores the evolution, through the first half of the 20th century, of the key neoclassical concept of rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of perfect foresight and analyzes the first game-theoretic solution concepts of von Neumann and Nash. The author's proposition is that the notion of rationality suffered a profound transformation that reduced it to a formal property of consistency. Such a transformation paralleled that of neoclassical economics as a whole from a discipline dealing with real economic processes to one investigating issues of logical consistency between mathematical relationships."
Author : Christian Schmidt
Publisher : Routledge
Page : 362 pages
File Size : 54,7 Mb
Release : 2002-06-20
Category : Business & Economics
ISBN : 9781134511174
This book presents the huge variety of current contributions of game theory to economics. The impressive contributions fall broadly into two categories. Some lay out in a jargon free manner a particular branch of the theory, the evolution of one of its concepts, or a problem, that runs through its development. Others are original pieces of work tha
Author : Reinhard Selten (Economist, Germany)
Publisher : Edward Elgar Publishing
Page : 924 pages
File Size : 49,6 Mb
Release : 1999-03-24
Category : Electronic
ISBN : 1781008299
'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.
Author : George Joseph Mailath
Publisher : Unknown
Page : 364 pages
File Size : 43,5 Mb
Release : 2018
Category : BUSINESS & ECONOMICS
ISBN : 9813239948
Author : Ken Binmore
Publisher : Oxford University Press
Page : 652 pages
File Size : 44,6 Mb
Release : 2007-03-29
Category : Business & Economics
ISBN : 9780195300574
Publisher Description
Author : Andreu Mas-Colell
Publisher : Harvard University Press
Page : 249 pages
File Size : 46,6 Mb
Release : 2016-01-04
Category : Business & Economics
ISBN : 9780674728738
Andreu Mas-Colell revolutionized our understanding of competitive markets, price formation, and the behavior of market participants. This volume presents the papers that solidified his standing as one of the preeminent economic theorists of our time. It also is invaluable for anyone wishing to study the craft of a master of economic modeling.
Author : Michael Bacharach
Publisher : CRC Press
Page : 526 pages
File Size : 50,5 Mb
Release : 2019-09-18
Category : Mathematics
ISBN : 9780429708084
This textbook offers a systematic, self-contained account of the main contributions of modern game theory and its applications to economics. Starting with a detailed description of how to model strategic situations, the discussion proceeds by studying basic solution concepts, their main refinements, games played under incomplete information, and repeated games. For each of these theoretical developments, there is a companion set of applications that cover the most representative instances of game-theoretic analysis in economics, e.g. oligopolistic competition, public goods, coordination failures, bargaining, insurance markets, implementation theory, signaling and auctions. The theory and applications covered in the first part of the book fall under the so-called 'classical' approach to game theory, which is founded on the paradigm of players' unlimited rationality. The second part shifts towards topics that no longer abide by that paradigm. This leads to the study of topics such as the interplay between evolution and rationality.
Author : Michael Hatfield
Publisher : Routledge
Page : 257 pages
File Size : 50,8 Mb
Release : 2016-04-15
Category : Business & Economics
ISBN : 9781317131014
Architects and engineers can build models to test their ideas - why not managers? In Game Theory in Management: Modelling Business Decisions and Their Consequences, author Michael Hatfield presents a series of mathematically structured analogies to real-life business and economic interaction scenarios, and then, using modern game theory, he shows how to test common managerial technical approaches for their effectiveness. His results are astonishing: if game theory is correct then many commonly-held and taught management approaches and techniques are not only less effective than thought, they are actually detrimental in many areas where they are held to be beneficial. Game Theory in Management also examines managerial implications from network theory, cartage schemes, risk management theory, management information system epistemology, and other areas where the quantification and testing of business decisions can be employed to identify winning and losing stratagems.
Author : Engelbert Dockner
Publisher : Cambridge University Press
Page : 398 pages
File Size : 50,7 Mb
Release : 2000-11-16
Category : Business & Economics
ISBN : 0521637325
A comprehensive, self-contained survey of the theory and applications of differential games, one of the most commonly used tools for modelling and analysing economics and management problems which are characterised by both multiperiod and strategic decision making. Although no prior knowledge of game theory is required, a basic knowledge of linear algebra, ordinary differential equations, mathematical programming and probability theory is necessary. Part One presents the theory of differential games, starting with the basic concepts of game theory and going on to cover control theoretic models, Markovian equilibria with simultaneous play, differential games with hierarchical play, trigger strategy equilibria, differential games with special structures, and stochastic differential games. Part Two offers applications to capital accumulation games, industrial organization and oligopoly games, marketing, resources and environmental economics.
Author : Harold William Kuhn
Publisher : Princeton University Press
Page : 328 pages
File Size : 41,8 Mb
Release : 2020-11-10
Category : Business & Economics
ISBN : 9781400829156
Classics in Game Theory assembles in one sourcebook the basic contributions to the field that followed on the publication of Theory of Games and Economic Behavior by John von Neumann and Oskar Morgenstern (Princeton, 1944). The theory of games, first given a rigorous formulation by von Neumann in a in 1928, is a subfield of mathematics and economics that models situations in which individuals compete and cooperate with each other. In the "heroic era" of research that began in the late 1940s, the foundations of the current theory were laid; it is these fundamental contributions that are collected in this volume. In the last fifteen years, game theory has become the dominant model in economic theory and has made significant contributions to political science, biology, and international security studies. The central role of game theory in economic theory was recognized by the award of the Nobel Memorial Prize in Economic Science in 1994 to the pioneering game theorists John C. Harsanyi, John Nash, and Reinhard Selten. The fundamental works for which they were honored are all included in this volume. Harold Kuhn, himself a major contributor to game theory for his reformulation of extensive games, has chosen eighteen essays that constitute the core of game theory as it exists today. Drawn from a variety of sources, they will be an invaluable tool for researchers in game theory and for a broad group of students of economics, political science, and biology.
Author : Randall Alexander Berry,Ramesh Johari,Now Publishers
Publisher : Unknown
Page : 121 pages
File Size : 47,9 Mb
Release : 2013
Category : Computer networks
ISBN : 1601986556
In recent years, engineers have been increasingly called upon to have basic skills in economic modeling and game theory at their disposal for two related reasons. First, the economics of networks has a significant effect on the adoption and creation of network innovations, and second, and perhaps more importantly, engineered networks serve as the platform for many of our basic economic interactions today. This monograph aims to provide engineering students who have a basic training in economic modeling and game theory an understanding of where and when game theoretic models are employed, the assumptions underpinning key models, and conceptual insights that are broadly applicable.
Author : David M. Kreps
Publisher : Clarendon Press
Page : 204 pages
File Size : 51,5 Mb
Release : 1990-10-04
Category : Mathematics
ISBN : 9780191521331
Over the past two decades, academic economics has undergone a mild revolution in methodology. The language, concepts and techniques of noncooperative game theory have become central to the discipline. This book provides the reader with some basic concepts from noncooperative theory, and then goes on to explore the strengths, weaknesses, and future of the theory as a tool of economic modelling and analysis. The central theses are that noncooperative game theory has been a remarkably popular tool in economics over the past decade because it allows analysts to capture essential features of dynamic competition and competition where some parties have proprietary information. The theory is weakest in providing a sense of when it - and equilibrium analysis in particular - can be applied and what to do when equilibrium analysis is inappropriate. Many of these weaknesses can be addressed by the consideration of individuals who are boundedly rational and learn imperfectly from the past. Written in a non-technical style and working by analogy, the book, first given as part of the Clarendon Lectures in Economics, is readily accessible to a broad audience and will be of interest to economists and students alike. Knowledge of game theory is not required as the concepts are developed as the book progresses.
