On Coordination In Non Cooperative Game Theory

Author : Lauren Larrouy
Publisher : Springer Nature
Page : 355 pages
File Size : 45,7 Mb
Release : 2023-08-17
Category : Business & Economics
ISBN : 9783031361715

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On Coordination in Non-Cooperative Game Theory by Lauren Larrouy Pdf

By offering a critical assessment of the evolution of standard game theory, this book argues for a shift in the ontology and methodology of game theory for appraising games, one based on understanding the players’ strategic reasoning process. Analyzing the history of economic thought, the book highlights the methodological issues faced by standard game theory in its treatment of strategic reasoning and the consequence it has on the status of players’ beliefs. It also highlights how the two original contributions of T. C. Schelling and M. Bacharach can be applied to these issues. Furthermore, the book assesses the intersubjective dimension in games by applying the cognitive sciences and by integrating simulation theory into game theory. Consequently, this book offers an interdisciplinary approach for reassessing the nature of the intersubjectivity involved in strategic reasoning. It shows that the analysis of games should involve the study and identification of the reasoning process that leads the players to a specific outcome, i.e., to a specific solution. A game should not be understood (as is done in standard game theory) as a mathematical representation of an individual choice at equilibrium. This requires investigating the players’ capacity for coordination. Understanding the process of coordination allows us to understand strategic reasoning and ultimately to provide new answers to the indeterminacy problem, one of the central hurdles in game theory, and one that underscores its normative difficulties.

Author : Takako Fujiwara-Greve
Publisher : Springer
Page : 260 pages
File Size : 41,6 Mb
Release : 2015-06-17
Category : Mathematics
ISBN : 9784431556459

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Non-Cooperative Game Theory by Takako Fujiwara-Greve Pdf

This is a textbook for university juniors, seniors, and graduate students majoring in economics, applied mathematics, and related fields. Each chapter is structured so that a core concept of that chapter is presented with motivations, useful applications are given, and related advanced topics are discussed for future study. Many helpful exercises at various levels are provided at the end of each chapter. Therefore, this book is most suitable for readers who intend to study non-cooperative game theory rigorously for both theoretical studies and applications. Game theory consists of non-cooperative games and cooperative games. This book covers only non-cooperative games, which are major tools used in current economics and related areas. Non-cooperative game theory aims to provide a mathematical prediction of strategic choices by decision makers (players) in situations of conflicting interest. Through the logical analyses of strategic choices, we obtain a better understanding of social (economic, business) problems and possible remedies. The book contains many well-known games such as the prisoner’s dilemma, chicken (hawk–dove) game, coordination game, centipede game, and Cournot, Bertrand, and Stackelberg models in oligopoly. It also covers some advanced frameworks such as repeated games with non-simultaneous moves, repeated games with overlapping generations, global games, and voluntarily separable repeated prisoner’s dilemma, so that readers familiar with basic game theory can expand their knowledge. The author’s own research is reflected in topics such as formulations of information and evolutionary stability, which makes this book unique.

Author : Tamer Basar,Geert Jan Olsder
Publisher : SIAM
Page : 526 pages
File Size : 54,8 Mb
Release : 1999-01-01
Category : Mathematics
ISBN : 9781611971132

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Dynamic Noncooperative Game Theory by Tamer Basar,Geert Jan Olsder Pdf

Recent interest in biological games and mathematical finance make this classic 1982 text a necessity once again. Unlike other books in the field, this text provides an overview of the analysis of dynamic/differential zero-sum and nonzero-sum games and simultaneously stresses the role of different information patterns. The first edition was fully revised in 1995, adding new topics such as randomized strategies, finite games with integrated decisions, and refinements of Nash equilibrium. Readers can now look forward to even more recent results in this unabridged, revised SIAM Classics edition. Topics covered include static and dynamic noncooperative game theory, with an emphasis on the interplay between dynamic information patterns and structural properties of several different types of equilibria; Nash and Stackelberg solution concepts; multi-act games; Braess paradox; differential games; the relationship between the existence of solutions of Riccati equations and the existence of Nash equilibrium solutions; and infinite-horizon differential games.

Author : Roger A McCain
Publisher : World Scientific Publishing Company
Page : 600 pages
File Size : 49,9 Mb
Release : 2014-04-29
Category : Mathematics
ISBN : 9789814578899

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Game Theory by Roger A McCain Pdf

The objective of the third edition of Game Theory: A Nontechnical Introduction to the Analysis of Strategy is to introduce the ideas of game theory in a way that is approachable, intuitive, and interdisciplinary. Relying on the Karplus Learning Cycle, the book is intended to teach by example. Noncooperative equilibrium concepts such as Nash equilibrium play the central role. In this third edition, increased stress is placed on the concept of rationalizable strategies, which has proven in teaching practice to assist students in making the bridge from intuitive to more formal concepts of noncooperative equilibrium. The Instructor Manual and PowerPoint Slides for the book are available upon request for all instructors who adopt this book as a course text. Please send your request to [email protected].

Author : Roger A. McCain
Publisher : Edward Elgar Publishing
Page : 320 pages
File Size : 40,6 Mb
Release : 2015-11-25
Category : Business & Economics
ISBN : 9781784710903

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Game Theory and Public Policy, SECOND EDITION by Roger A. McCain Pdf

This book provides a critical, selective review of concepts from game theory and their applications in public policy, and further suggests some modifications for some of the models (chiefly in cooperative game theory) to improve their applicability to economics and public policy.

Author : Roger A. McCain
Publisher : World Scientific
Page : 632 pages
File Size : 42,9 Mb
Release : 2010
Category : Mathematics
ISBN : 9789814289658

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Game Theory by Roger A. McCain Pdf

Fundamentals; Two-Person Games; Larger Numbers and Uncertainty; Games in Extensive Form and Repeated Play; Cooperation; Behavioral Game Theory; Selected Applications.

Author : Roger A Mccain
Publisher : World Scientific
Page : 548 pages
File Size : 51,8 Mb
Release : 2023-05-29
Category : Mathematics
ISBN : 9789811262975

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Game Theory: A Nontechnical Introduction To The Analysis Of Strategy (Fourth Edition) by Roger A Mccain Pdf

As with the previous editions, this fourth edition relies on teaching by example and the Karplus Learning Cycle to convey the ideas of game theory in a way that is approachable, intuitive, and interdisciplinary. Noncooperative equilibrium concepts such as Nash equilibrium, mixed strategy equilibria, and subgame perfect equilibrium are systematically introduced in the first half of the book. Bayesian Nash equilibrium is briefly introduced. The subsequent chapters discuss cooperative solutions with and without side payments, rationalizable strategies and correlated equilibria, and applications to elections, social mechanism design, and larger-scale games. New examples include panic buying, supply-chain shifts in the pandemic, and global warming.

Author : Anonim
Publisher : Fundacion BBVA
Page : 49 pages
File Size : 53,9 Mb
Release : 2024-06-30
Category : Electronic
ISBN : 8210379456XXX

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Cooperation and Cultural Transmission in a Coordination Game by Anonim Pdf

Author : Rodica Branzei,Dinko Dimitrov,Stef Tijs
Publisher : Springer Science & Business Media
Page : 131 pages
File Size : 45,6 Mb
Release : 2005-11-15
Category : Business & Economics
ISBN : 9783540285090

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Models in Cooperative Game Theory by Rodica Branzei,Dinko Dimitrov,Stef Tijs Pdf

This book investigates the classical model of cooperative games with transfer able utility (TU-games) and models in which the players have the possibility to cooperate partially, namely fuzzy and multichoice games. In a crisp game the agents are either fully involved or not involved at all in cooperation with some other agents, while in a fuzzy game players are allowed to cooperate with infinitely many different participation levels, varying from non-cooperation to full cooperation. A multichoice game describes an intermediate case in which each player may have a fixed number of activity levels. Part I of the book is devoted to the most developed model in the theory of cooperative games, that of a classical TU-game with crisp coalitions, which we refer to as crisp game along the book. It presents basic notions, solutions concepts and classes of cooperative crisp games in such a way that allows the reader to use this part as a reference toolbox when studying the corresponding concepts from the theory of fuzzy games (Part II) and from the theory of multichoice games (Part III). The work on this book started while we were research fellows at ZiF (Biele feld) for the project "Procedural Approaches to Conflict Resolution", 2002.

Author : Daniel T. Jessie,Donald G. Saari
Publisher : Springer Nature
Page : 217 pages
File Size : 44,6 Mb
Release : 2019-12-13
Category : Mathematics
ISBN : 9783030358471

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Coordinate Systems for Games by Daniel T. Jessie,Donald G. Saari Pdf

This monograph develops a method of creating convenient coordinate systems for game theory that will allow readers to more easily understand, analyze, and create games at various levels of complexity. By identifying the unique characterization of games that separates the individual’s strategic interests from the group’s collective behavior, the authors construct a single analytical methodology that readers will be able to apply to a wide variety of games. With its emphasis on practicality and approachability, readers will find this book an invaluable tool, and a viable alternative to the ad hoc analytical approach that has become customary for researchers utilizing game theory. The introductory chapters serve two important purposes: they review several games of fundamental importance, and also introduce a dynamic that is inherent in games, but has gone unexplored until now. After this has been established, readers will advance from simple 2 x 2 games to games with more player strategies and dynamics. For interested readers, a rigorous treatment of the underlying mathematics is conveniently gathered at the end of the book. Additional topics of interest, such as extensive form and coalitional games, are presented to help readers visualize more complex settings that will be vital in aiding the understanding of advanced topics, such as coalition-free Nash points, multi-player repeated games, and more. Coordinate Systems for Games is ideal for a wide variety of researchers interested in game theory, including social scientists, economists, mathematicians, computer scientists, and more. The authors' approachable style also makes this accessible to an audience at any scale of experience, from beginning non-specialists to more practiced researchers.

Author : Michael Bacharach
Publisher : CRC Press
Page : 177 pages
File Size : 48,7 Mb
Release : 2019-09-18
Category : Mathematics
ISBN : 9780429728099

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Economics and the Theory of Games by Michael Bacharach Pdf

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 : John Cirace
Publisher : Lexington Books
Page : 474 pages
File Size : 53,7 Mb
Release : 2018-04-16
Category : Business & Economics
ISBN : 9781498549097

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Law, Economics, and Game Theory by John Cirace Pdf

This book uses game theory to explain conflict between individual self-interested behavior and cooperation in economic markets, lawsuits, and legislative bodies. It demonstrates the need for social regulation in addition to free markets and judicial decisions in common law cases.

Author : Douglas G. Baird,Robert H. Gertner,Randal C. Picker
Publisher : Harvard University Press
Page : 348 pages
File Size : 53,7 Mb
Release : 1994
Category : Law
ISBN : 0674341112

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Game Theory and the Law by Douglas G. Baird,Robert H. Gertner,Randal C. Picker Pdf

This book is the first to apply the tools of game theory and information economics to advance our understanding of how laws work. Organized around the major solution concepts of game theory, it shows how such well known games as the prisoner's dilemma, the battle of the sexes, beer-quiche, and the Rubinstein bargaining game can illuminate many different kinds of legal problems. Game Theory and the Law highlights the basic mechanisms at work and lays out a natural progression in the sophistication of the game concepts and legal problems considered.

Author : Management Association, Information Resources
Publisher : IGI Global
Page : 505 pages
File Size : 46,6 Mb
Release : 2017-06-19
Category : Mathematics
ISBN : 9781522525950

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Game Theory: Breakthroughs in Research and Practice by Management Association, Information Resources Pdf

Developments in the use of game theory have impacted multiple fields and created opportunities for new applications. With the ubiquity of these developments, there is an increase in the overall utilization of this approach. Game Theory: Breakthroughs in Research and Practice contains a compendium of the latest academic material on the usage, strategies, and applications for implementing game theory across a variety of industries and fields. Including innovative studies on economics, military strategy, and political science, this multi-volume book is an ideal source for professionals, practitioners, graduate students, academics, and researchers interested in the applications of game theory.

Author : Imma Curiel
Publisher : Springer Science & Business Media
Page : 210 pages
File Size : 41,6 Mb
Release : 1997-03-31
Category : Business & Economics
ISBN : 0792344766

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Cooperative Game Theory and Applications by Imma Curiel Pdf

In this book applications of cooperative game theory that arise from combinatorial optimization problems are described. It is well known that the mathematical modeling of various real-world decision-making situations gives rise to combinatorial optimization problems. For situations where more than one decision-maker is involved classical combinatorial optimization theory does not suffice and it is here that cooperative game theory can make an important contribution. If a group of decision-makers decide to undertake a project together in order to increase the total revenue or decrease the total costs, they face two problems. The first one is how to execute the project in an optimal way so as to increase revenue. The second one is how to divide the revenue attained among the participants. It is with this second problem that cooperative game theory can help. The solution concepts from cooperative game theory can be applied to arrive at revenue allocation schemes. In this book the type of problems described above are examined. Although the choice of topics is application-driven, it also discusses theoretical questions that arise from the situations that are studied. For all the games described attention will be paid to the appropriateness of several game-theoretic solution concepts in the particular contexts that are considered. The computation complexity of the game-theoretic solution concepts in the situation at hand will also be considered.