Game Theory And Exercises

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Game Theory and Exercises

Author : Gisèle Umbhauer
Publisher : Routledge
Page : 442 pages
File Size : 51,5 Mb
Release : 2016-01-08
Category : Business & Economics
ISBN : 9781317362982

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Game Theory and Exercises by Gisèle Umbhauer Pdf

Game Theory and Exercises introduces the main concepts of game theory, along with interactive exercises to aid readers’ learning and understanding. Game theory is used to help players understand decision-making, risk-taking and strategy and the impact that the choices they make have on other players; and how the choices of those players, in turn, influence their own behaviour. So, it is not surprising that game theory is used in politics, economics, law and management. This book covers classic topics of game theory including dominance, Nash equilibrium, backward induction, repeated games, perturbed strategie s, beliefs, perfect equilibrium, Perfect Bayesian equilibrium and replicator dynamics. It also covers recent topics in game theory such as level-k reasoning, best reply matching, regret minimization and quantal responses. This textbook provides many economic applications, namely on auctions and negotiations. It studies original games that are not usually found in other textbooks, including Nim games and traveller’s dilemma. The many exercises and the inserts for students throughout the chapters aid the reader’s understanding of the concepts. With more than 20 years’ teaching experience, Umbhauer’s expertise and classroom experience helps students understand what game theory is and how it can be applied to real life examples. This textbook is suitable for both undergraduate and postgraduate students who study game theory, behavioural economics and microeconomics.

Strategy and Game Theory

Author : Felix Munoz-Garcia,Daniel Toro-Gonzalez
Publisher : Springer
Page : 341 pages
File Size : 51,7 Mb
Release : 2016-08-10
Category : Mathematics
ISBN : 9783319329635

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Strategy and Game Theory by Felix Munoz-Garcia,Daniel Toro-Gonzalez Pdf

This textbook presents worked-out exercises on game theory with detailed step-by-step explanations. While most textbooks on game theory focus on theoretical results, this book focuses on providing practical examples in which students can learn to systematically apply theoretical solution concepts to different fields of economics and business. The text initially presents games that are required in most courses at the undergraduate level and gradually advances to more challenging games appropriate for masters level courses. The first six chapters cover complete-information games, separately analyzing simultaneous-move and sequential-move games, with applications in industrial economics, law, and regulation. Subsequent chapters dedicate special attention to incomplete information games, such as signaling games, cheap talk games, and equilibrium refinements, emphasizing common steps and including graphical illustrations to focus students’ attention on the most relevant payoff comparisons at each point of the analysis. In addition, exercises are ranked according to their difficulty, with a letter (A-C) next to the exercise number. This allows students to pace their studies and instructors to structure their classes accordingly. By providing detailed worked-out examples, this text gives students at various levels the tools they need to apply the tenets of game theory in many fields of business and economics. This text is appropriate for introductory-to-intermediate courses in game theory at the upper undergraduate and master’s level.

Game Theory and Exercises

Author : Gisèle Umbhauer
Publisher : Routledge
Page : 462 pages
File Size : 52,6 Mb
Release : 2016-01-08
Category : Business & Economics
ISBN : 9781317362999

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Game Theory and Exercises by Gisèle Umbhauer Pdf

Game Theory and Exercises introduces the main concepts of game theory, along with interactive exercises to aid readers’ learning and understanding. Game theory is used to help players understand decision-making, risk-taking and strategy and the impact that the choices they make have on other players; and how the choices of those players, in turn, influence their own behaviour. So, it is not surprising that game theory is used in politics, economics, law and management. This book covers classic topics of game theory including dominance, Nash equilibrium, backward induction, repeated games, perturbed strategie s, beliefs, perfect equilibrium, Perfect Bayesian equilibrium and replicator dynamics. It also covers recent topics in game theory such as level-k reasoning, best reply matching, regret minimization and quantal responses. This textbook provides many economic applications, namely on auctions and negotiations. It studies original games that are not usually found in other textbooks, including Nim games and traveller’s dilemma. The many exercises and the inserts for students throughout the chapters aid the reader’s understanding of the concepts. With more than 20 years’ teaching experience, Umbhauer’s expertise and classroom experience helps students understand what game theory is and how it can be applied to real life examples. This textbook is suitable for both undergraduate and postgraduate students who study game theory, behavioural economics and microeconomics.

Game Theory

Author : Michael Maschler,Shmuel Zamir,Eilon Solan
Publisher : Cambridge University Press
Page : 1053 pages
File Size : 41,5 Mb
Release : 2020-06-25
Category : Business & Economics
ISBN : 9781108493451

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Game Theory by Michael Maschler,Shmuel Zamir,Eilon Solan Pdf

This new edition is unparalleled in breadth of coverage, thoroughness of technical explanations and number of worked examples.

Game Theory, Alive

Author : Anna R. Karlin,Yuval Peres
Publisher : American Mathematical Soc.
Page : 372 pages
File Size : 40,9 Mb
Release : 2017-04-27
Category : Game theory
ISBN : 9781470419820

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Game Theory, Alive by Anna R. Karlin,Yuval Peres Pdf

We live in a highly connected world with multiple self-interested agents interacting and myriad opportunities for conflict and cooperation. The goal of game theory is to understand these opportunities. This book presents a rigorous introduction to the mathematics of game theory without losing sight of the joy of the subject. This is done by focusing on theoretical highlights (e.g., at least six Nobel Prize winning results are developed from scratch) and by presenting exciting connections of game theory to other fields such as computer science (algorithmic game theory), economics (auctions and matching markets), social choice (voting theory), biology (signaling and evolutionary stability), and learning theory. Both classical topics, such as zero-sum games, and modern topics, such as sponsored search auctions, are covered. Along the way, beautiful mathematical tools used in game theory are introduced, including convexity, fixed-point theorems, and probabilistic arguments. The book is appropriate for a first course in game theory at either the undergraduate or graduate level, whether in mathematics, economics, computer science, or statistics. The importance of game-theoretic thinking transcends the academic setting—for every action we take, we must consider not only its direct effects, but also how it influences the incentives of others.

A Course in Game Theory

Author : Martin J. Osborne,Ariel Rubinstein
Publisher : MIT Press
Page : 374 pages
File Size : 52,5 Mb
Release : 1994-07-12
Category : Business & Economics
ISBN : 0262650401

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A Course in Game Theory by Martin J. Osborne,Ariel Rubinstein Pdf

A Course in Game Theory presents the main ideas of game theory at a level suitable for graduate students and advanced undergraduates, emphasizing the theory's foundations and interpretations of its basic concepts. The authors provide precise definitions and full proofs of results, sacrificing generalities and limiting the scope of the material in order to do so. The text is organized in four parts: strategic games, extensive games with perfect information, extensive games with imperfect information, and coalitional games. It includes over 100 exercises.

Game Theory. A Handbook of Problems and Excercises

Author : Leonardo Badia,Thomas Marchioro
Publisher : Società Editrice Esculapio
Page : 162 pages
File Size : 55,9 Mb
Release : 2022-01-18
Category : Mathematics
ISBN : 9791220887892

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Game Theory. A Handbook of Problems and Excercises by Leonardo Badia,Thomas Marchioro Pdf

Since the origins in its modern form, due to the seminal works of von Neumann and Nash, Game theory has most often been considered for its applications to economic and social sciences. However, its mathematical roots are more general, and its set of analytical tools that can be used to predict the outcome of interactive decision situations can be very relevant for many other scientific fields, especially including information and industrial engineering, where it has recently become a common curricular subject in university programs. To train the “brain muscles” to solve problems in a game theoretic way, students may find it useful to practice on concrete examples. For this reason, this book presents a collection of exercises that can be suitable for any entry-level course on Game theory. While there is no specific major for which such a practical activity can be useful, the book is conceived with an engineering spirit, and a general regard for modeling and optimization (from technological scenarios to childish gameplay). Still, some useful considerations can also be derived for other fields such as social psychology, biology, or humanities. Rather than in-depth speculative discussions, the book covers mostly practical cases, however providing a preliminary theoretical justification for the solution methods. Covered topics include static games of complete information, zero-sum games and minimax problems, lotteries, sequential games, multistage games, Bayesian games. This may also encourage the reader to approach more advanced topics, with a solid methodological background and a full-rounded appreciation of the subject.

Game Theory

Author : Steve Tadelis
Publisher : Princeton University Press
Page : 416 pages
File Size : 55,9 Mb
Release : 2013-01-06
Category : Business & Economics
ISBN : 9780691129082

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Game Theory by Steve Tadelis Pdf

The definitive introduction to game theory This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory, this one begins with the idea of rationality and explores its implications for multiperson decision problems through concepts like dominated strategies and rationalizability. Only then does it present the subject of Nash equilibrium and its derivatives. Game Theory is the ideal textbook for advanced undergraduate and beginning graduate students. Throughout, concepts and methods are explained using real-world examples backed by precise analytic material. The book features many important applications to economics and political science, as well as numerous exercises that focus on how to formalize informal situations and then analyze them. Introduces the core ideas and applications of game theory Covers static and dynamic games, with complete and incomplete information Features a variety of examples, applications, and exercises Topics include repeated games, bargaining, auctions, signaling, reputation, and information transmission Ideal for advanced undergraduate and beginning graduate students Complete solutions available to teachers and selected solutions available to students

An Introduction to Game Theory

Author : Martin J. Osborne
Publisher : Oxford University Press, USA
Page : 533 pages
File Size : 41,6 Mb
Release : 2009-01
Category : Mathematics
ISBN : 0195322487

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An Introduction to Game Theory by Martin J. Osborne Pdf

This text emphasizes the ideas behind modern game theory rather than their mathematical expression, but defines all concepts precisely. It covers strategic, extensive and coalitional games and includes the topics of repeated games, bargaining theory and evolutionary equilibrium.

Insights into Game Theory

Author : Ein-Ya Gura,Michael Maschler
Publisher : Cambridge University Press
Page : 242 pages
File Size : 44,8 Mb
Release : 2008-11-13
Category : Business & Economics
ISBN : 9781107717718

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Insights into Game Theory by Ein-Ya Gura,Michael Maschler Pdf

Few branches of mathematics have been more influential in the social sciences than game theory. In recent years, it has become an essential tool for all social scientists studying the strategic behaviour of competing individuals, firms and countries. However, the mathematical complexity of game theory is often very intimidating for students who have only a basic understanding of mathematics. Insights into Game Theory addresses this problem by providing students with an understanding of the key concepts and ideas of game theory without using formal mathematical notation. The authors use four very different topics (college admission, social justice and majority voting, coalitions and co-operative games, and a bankruptcy problem from the Talmud) to investigate four areas of game theory. The result is a fascinating introduction to the world of game theory and its increasingly important role in the social sciences.

Game Theory. A Handbook of Problems and Exercises

Author : Leonardo Badia,Thomas Marchioro
Publisher : Esculapio
Page : 164 pages
File Size : 52,6 Mb
Release : 2022
Category : Mathematics
ISBN : 8893852861

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Game Theory. A Handbook of Problems and Exercises by Leonardo Badia,Thomas Marchioro Pdf

Since the origins in its modern form, due to the seminal works of von Neumann and Nash, Game theory has most often been considered for its applications to economic and social sciences. However, its mathematical roots are more general, and its set of analytical tools that can be used to predict the outcome of interactive decision situations can be very relevant for many other scientific fields, especially including information and industrial engineering, where it has recently become a common curricular subject in university programs. To train the "brain muscles" to solve problems in a game theoretic way, students may find it useful to practice on concrete examples. For this reason, this book presents a collection of exercises that can be suitable for any entry-level course on Game theory. While there is no specific major for which such a practical activity can be useful, the book is conceived with an engineering spirit, and a general regard for modeling and optimization (from technological scenarios to childish gameplay). Still, some useful considerations can also be derived for other fields such as social psychology, biology, or humanities. Rather than in-depth speculative discussions, the book covers mostly practical cases, however providing a preliminary theoretical justification for the solution methods. Covered topics include static games of complete information, zero-sum games and minimax problems, lotteries, sequential games, multistage games, Bayesian games. This may also encourage the reader to approach more advanced topics, with a solid methodological background and a full-rounded appreciation of the subject.

Noncooperative Game Theory

Author : João P. Hespanha
Publisher : Princeton University Press
Page : 242 pages
File Size : 45,7 Mb
Release : 2017-06-13
Category : Mathematics
ISBN : 9780691175218

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Noncooperative Game Theory by João P. Hespanha Pdf

Noncooperative Game Theory is aimed at students interested in using game theory as a design methodology for solving problems in engineering and computer science. João Hespanha shows that such design challenges can be analyzed through game theoretical perspectives that help to pinpoint each problem's essence: Who are the players? What are their goals? Will the solution to "the game" solve the original design problem? Using the fundamentals of game theory, Hespanha explores these issues and more. The use of game theory in technology design is a recent development arising from the intrinsic limitations of classical optimization-based designs. In optimization, one attempts to find values for parameters that minimize suitably defined criteria—such as monetary cost, energy consumption, or heat generated. However, in most engineering applications, there is always some uncertainty as to how the selected parameters will affect the final objective. Through a sequential and easy-to-understand discussion, Hespanha examines how to make sure that the selection leads to acceptable performance, even in the presence of uncertainty—the unforgiving variable that can wreck engineering designs. Hespanha looks at such standard topics as zero-sum, non-zero-sum, and dynamics games and includes a MATLAB guide to coding. Noncooperative Game Theory offers students a fresh way of approaching engineering and computer science applications. An introduction to game theory applications for students of engineering and computer science Materials presented sequentially and in an easy-to-understand fashion Topics explore zero-sum, non-zero-sum, and dynamics games MATLAB commands are included

Game Theory Basics

Author : Bernhard von Stengel
Publisher : Cambridge University Press
Page : 375 pages
File Size : 52,5 Mb
Release : 2021-08-19
Category : Business & Economics
ISBN : 9781108843300

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Game Theory Basics by Bernhard von Stengel Pdf

A lively introduction to Game Theory, ideal for students in mathematics, computer science, or economics.

A Course in Game Theory

Author : Martin J. Osborne,Ariel Rubinstein
Publisher : MIT Press
Page : 369 pages
File Size : 43,9 Mb
Release : 1994-07-12
Category : Business & Economics
ISBN : 9780262150415

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A Course in Game Theory by Martin J. Osborne,Ariel Rubinstein Pdf

A Course in Game Theory presents the main ideas of game theory at a level suitable for graduate students and advanced undergraduates, emphasizing the theory's foundations and interpretations of its basic concepts. The authors provide precise definitions and full proofs of results, sacrificing generalities and limiting the scope of the material in order to do so. The text is organized in four parts: strategic games, extensive games with perfect information, extensive games with imperfect information, and coalitional games. It includes over 100 exercises.

Matt DeVos and Deborah A. Kent

Author : Matt DeVos,Deborah A. Kent
Publisher : American Mathematical Soc.
Page : 343 pages
File Size : 54,7 Mb
Release : 2016-12-27
Category : Combinatorial analysis
ISBN : 9781470422103

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Matt DeVos and Deborah A. Kent by Matt DeVos,Deborah A. Kent Pdf

This book offers a gentle introduction to the mathematics of both sides of game theory: combinatorial and classical. The combination allows for a dynamic and rich tour of the subject united by a common theme of strategic reasoning. Designed as a textbook for an undergraduate mathematics class and with ample material and limited dependencies between the chapters, the book is adaptable to a variety of situations and a range of audiences. Instructors, students, and independent readers alike will appreciate the flexibility in content choices as well as the generous sets of exercises at various levels.