Social And Economic Networks In Cooperative Game Theory

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Social and Economic Networks in Cooperative Game Theory

Marco Slikker,Anne van den Nouweland
Social and Economic Networks in Cooperative Game Theory Book PDF

Author : Marco Slikker,Anne van den Nouweland
Publisher : Springer Science & Business Media
Page : 296 pages
File Size : 49,8 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461515692

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Social and Economic Networks in Cooperative Game Theory by Marco Slikker,Anne van den Nouweland Pdf

Social and Economic Networks in Cooperative Game Theory presents a coherent overview of theoretical literature that studies the influence and formation of networks in social and economic situations in which the relations between participants who are not included in a particular participant's network are not of consequence to this participant. The material is organized in two parts. In Part I the authors concentrate on the question how network structures affect economic outcomes. Part II of the book presents the formation of networks by agents who engage in a network-formation process to be able to realize the possible gains from cooperation.

The Cooperative Game Theory of Networks and Hierarchies

Robert P. Gilles
The Cooperative Game Theory of Networks and Hierarchies Book PDF

Author : Robert P. Gilles
Publisher : Springer Science & Business Media
Page : 270 pages
File Size : 46,6 Mb
Release : 2010-04-02
Category : Mathematics
ISBN : 9783642052828

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The Cooperative Game Theory of Networks and Hierarchies by Robert P. Gilles Pdf

The book brings together an overview of standard concepts in cooperative game theory with applications to the analysis of social networks and hierarchical authority organizations. The standard concepts covered include the multi-linear extension, the Core, the Shapley value, and the cooperative potential. Also discussed are the Core for a restricted collection of formable coalitions, various Core covers, the Myerson value, value-based potentials, and share potentials. Within the context of social networks this book discusses the measurement of centrality and power as well as allocation rules such as the Myerson value and hierarchical allocation rules. For hierarchical organizations, two basic approaches to the exercise of authority are explored; for each approach the allocation of the generated output is developed. Each chapter is accompanied by a problem section, allowing this book to be used as a textbook for an advanced graduate course on game theory.

Group Formation in Economics

Gabrielle Demange,Myrna Wooders
Group Formation in Economics Book PDF

Author : Gabrielle Demange,Myrna Wooders
Publisher : Cambridge University Press
Page : 500 pages
File Size : 51,6 Mb
Release : 2005-01-10
Category : Business & Economics
ISBN : 1139444417

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Group Formation in Economics by Gabrielle Demange,Myrna Wooders Pdf

Broad and diverse ranges of activities are conducted within and by organized groups of individuals, including political, economic and social activities. These activities have become a subject of intense interest in economics and game theory. Some of the topics investigated in this collection are models of networks of power and privilege, trade networks, co-authorship networks, buyer–seller networks with differentiated products, and networks of medical innovation and the adaptation of new information. Other topics are social norms on punctuality, clubs and the provision of club goods and public goods, research and development and collusive alliances among corporations, and international alliances and trading agreements. While relatively recent, the literature on game theoretic studies of group formation in economics is already vast. This volume provides an introduction to this important literature on game-theoretic treatments of situations with networks, clubs, and coalitions, including some applications.

Social and Economic Networks

Matthew O. Jackson
Social and Economic Networks Book PDF

Author : Matthew O. Jackson
Publisher : Princeton University Press
Page : 519 pages
File Size : 55,7 Mb
Release : 2008
Category : Business & Economics
ISBN : 0691148201

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Social and Economic Networks by Matthew O. Jackson Pdf

Jackson also describes the varied statistical and modeling techniques used to analyze social networks.

Cooperative Game Theory Tools in Coalitional Control Networks

Francisco Javier Muros
Cooperative Game Theory Tools in Coalitional Control Networks Book PDF

Author : Francisco Javier Muros
Publisher : Springer
Page : 233 pages
File Size : 43,5 Mb
Release : 2019-04-24
Category : Technology & Engineering
ISBN : 9783030104894

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Cooperative Game Theory Tools in Coalitional Control Networks by Francisco Javier Muros Pdf

This book analyzes coalitional control schemes by incorporating concepts of cooperative game theory into a distributed control framework. It considers a networked architecture where the nodes are the agents and the edges are their communication links and either the agents or the links are established as the players of cooperative games related to the cost function of the coalitional schemes. The book discusses various cooperative game theory tools that are used to measure/analyze the players’ features, impose constraints on them, provide alternative methods of game computation, detect critical players inside the control scheme, and perform system partitioning of large-scale systems, such as the Barcelona drinking water network, which is described in a case study.

Game Theory and Networks

Surajit Borkotokey,Rajnish Kumar,Diganta Mukherjee,K. S. Mallikarjuna Rao,Sudipta Sarangi
Game Theory and Networks Book PDF

Author : Surajit Borkotokey,Rajnish Kumar,Diganta Mukherjee,K. S. Mallikarjuna Rao,Sudipta Sarangi
Publisher : Springer Nature
Page : 372 pages
File Size : 40,8 Mb
Release : 2022-01-01
Category : Mathematics
ISBN : 9789811647376

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Game Theory and Networks by Surajit Borkotokey,Rajnish Kumar,Diganta Mukherjee,K. S. Mallikarjuna Rao,Sudipta Sarangi Pdf

This book is a collection of selected papers presented at the consecutively held international conferences on “Game Theory and Networks”, organized by the Department of Mathematics, Dibrugarh University, India, in collaboration with the Economics Department of Queen’s University, Belfast, UK, during September 6–9, 2019 and September, 13–15 2018. The book includes chapters on network measures and network formation, application of network theory to contagion, biological data and finance and macroeconomics as expository articles. The book also contains chapters on fair allocation in the context of queuing, rationing and cooperative games with transferable utilities for engaged researchers. A few survey chapters on non-cooperative game theory, evolutionary game theory, mechanism design and social choice theory are also incorporated to cater to the needs of the beginners in the field. This book discusses the use of game theoretic tools and network models across disciplines: mathematics, statistics, economics, computer science, political science, sociology and psychology. It aims at providing a suitable learning experience to beginners on the basics of cooperative games, networks and mechanism design, as well as recent developments to research scholars having the basic knowledge of these topics.

Cooperative Game Theory and Applications

Imma Curiel
Cooperative Game Theory and Applications Book PDF

Author : Imma Curiel
Publisher : Springer Science & Business Media
Page : 210 pages
File Size : 44,9 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.

Social and Economic Networks

Matthew O. Jackson
Social and Economic Networks Book PDF

Author : Matthew O. Jackson
Publisher : Princeton University Press
Page : 520 pages
File Size : 41,6 Mb
Release : 2010-11-01
Category : Business & Economics
ISBN : 140083399X

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Social and Economic Networks by Matthew O. Jackson Pdf

Networks of relationships help determine the careers that people choose, the jobs they obtain, the products they buy, and how they vote. The many aspects of our lives that are governed by social networks make it critical to understand how they impact behavior, which network structures are likely to emerge in a society, and why we organize ourselves as we do. In Social and Economic Networks, Matthew Jackson offers a comprehensive introduction to social and economic networks, drawing on the latest findings in economics, sociology, computer science, physics, and mathematics. He provides empirical background on networks and the regularities that they exhibit, and discusses random graph-based models and strategic models of network formation. He helps readers to understand behavior in networked societies, with a detailed analysis of learning and diffusion in networks, decision making by individuals who are influenced by their social neighbors, game theory and markets on networks, and a host of related subjects. Jackson also describes the varied statistical and modeling techniques used to analyze social networks. Each chapter includes exercises to aid students in their analysis of how networks function. This book is an indispensable resource for students and researchers in economics, mathematics, physics, sociology, and business.

Non-Cooperative Game Theory

Takako Fujiwara-Greve
Non Cooperative Game Theory Book PDF

Author : Takako Fujiwara-Greve
Publisher : Springer
Page : 260 pages
File Size : 44,8 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.

Computational Aspects of Cooperative Game Theory

Georgios Chalkiadakis,Edith Elkind,Michael J. Wooldridge
Computational Aspects of Cooperative Game Theory Book PDF

Author : Georgios Chalkiadakis,Edith Elkind,Michael J. Wooldridge
Publisher : Morgan & Claypool Publishers
Page : 171 pages
File Size : 44,8 Mb
Release : 2012
Category : Computers
ISBN : 9781608456529

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Computational Aspects of Cooperative Game Theory by Georgios Chalkiadakis,Edith Elkind,Michael J. Wooldridge Pdf

Cooperative game theory is a branch of (micro-)economics that studies the behavior of self-interested agents in strategic settings where binding agreements among agents are possible. Our aim in this book is to present a survey of work on the computational aspects of cooperative game theory. We begin by formally defining transferable utility games in characteristic function form, and introducing key solution concepts such as the core and the Shapley value. We then discuss two major issues that arise when considering such games from a computational perspective: identifying compact representations for games, and the closely related problem of efficiently computing solution concepts for games. We survey several formalisms for cooperative games that have been proposed in the literature, including, for example, cooperative games defined on networks, as well as general compact representation schemes such as MC-nets and skill games. As a detailed case study, we consider weighted voting games: a widely-used and practically important class of cooperative games that inherently have a natural compact representation. We investigate the complexity of solution concepts for such games, and generalizations of them. We briefly discuss games with non-transferable utility and partition function games. We then overview algorithms for identifying welfare-maximizing coalition structures and methods used by rational agents to form coalitions (even under uncertainty), including bargaining algorithms. We conclude by considering some developing topics, applications, and future research directions.

Chapters in Game Theory

Peter Borm,H.J. Peters
Chapters in Game Theory Book PDF

Author : Peter Borm,H.J. Peters
Publisher : Springer Science & Business Media
Page : 327 pages
File Size : 42,6 Mb
Release : 2006-04-11
Category : Business & Economics
ISBN : 9780306475269

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Chapters in Game Theory by Peter Borm,H.J. Peters Pdf

Chapters in Game Theory has been written on the occasion of the 65th birthday of Stef Tijs, who can be regarded as the godfather of game theory in the Netherlands. The contributors all are indebted to Stef Tijs, as former Ph.D. students or otherwise. The book contains fourteen chapters on a wide range of subjects. Some of these can be considered surveys while other chapters present new results: most contributions can be positioned somewhere in between these categories. The topics covered include: cooperative stochastic games; noncooperative stochastic games; sequencing games; games arising form linear (semi-) infinite programming problems; network formation, costs and potential games; potentials and consistency in transferable utility games; the nucleolus and equilibrium prices; population uncertainty and equilibrium selection; cost sharing; centrality in social networks; extreme points of the core; equilibrium sets of bimatrix games; game theory and the market; and transfer procedures for nontransferable utility games. Both editors did their Ph.D with Stef Tijs, while he was affiliated with the mathematics department of the University of Nijmegen.

Value Solutions in Cooperative Games

Roger A McCain
Value Solutions in Cooperative Games Book PDF

Author : Roger A McCain
Publisher : World Scientific
Page : 236 pages
File Size : 41,5 Mb
Release : 2013-03-07
Category : Business & Economics
ISBN : 9789814417419

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Value Solutions in Cooperative Games by Roger A McCain Pdf

This book introduces new concepts for cooperative game theory, and particularly solutions that determine the distribution of a coalitional surplus among the members of the coalition. It also addresses several generalizations of cooperative game theory. Drawing on methods of welfare economics, new value solutions are derived for Non-Transferable Utility games with and without differences of bargaining power among the members of the coalition. Cooperation in intertemporal games is examined, and conditions that permit the reduction of these games to games in coalition function form are outlined. Biform games and games that combine non-cooperative search and matching of coalition members with cooperative solutions (i.e., efficient contracts) within the coalition are considered. Contents:Value Solutions for Superadditive Transferable Utility Games in Coalition Function FormZeuthen–Nash BargainingNontransferable Utility Games and Games in Partition Function FormA Shapley Value Algorithm for Games in Partition Function FormExtension of the Nucleolus to Nontransferable Utility Games in Partition Function FormA Core Imputation with Variable Bargaining PowerBargaining Power Biform GamesIntertemporal Cooperative Games: A Sketch of a TheoryA Theory of Enterprise Readership: Graduate students and researchers in the field of game theory. Keywords:Cooperative Games;Value;Imputation;Bargaining TheoryKey Features:Proposes a value solution for games of two or more players that: (i) is the Nash bargaining solution in a special case, (ii) allows for unsymmetrical bargaining power, (iii) allows for group-to-group bargaining, and (iv) is always a point in the core of the game if the game is not nullUses methods from mathematical welfare economics to bridge the gap from non-transferable utility to transferable utilityRelying on Biform Games (Brandenburger and Stuart), constructs a model of cooperative value creation in coalitions formed by non-cooperative search and matching

Game Theory for Networks

Vikram Krishnamurthy,Qing Zhao,Minyi Huang,Yonggang Wen
Game Theory for Networks Book PDF

Author : Vikram Krishnamurthy,Qing Zhao,Minyi Huang,Yonggang Wen
Publisher : Springer
Page : 275 pages
File Size : 53,8 Mb
Release : 2012-12-06
Category : Computers
ISBN : 9783642355820

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Game Theory for Networks by Vikram Krishnamurthy,Qing Zhao,Minyi Huang,Yonggang Wen Pdf

This book constitutes the thoroughly refereed post-conference proceedings of the Third International Conference on Game Theory for Networks (GameNets 2012) held in Vancouver, Canada, May 24-26, 2012. The 13 revised full papers were carefully selected from 24 submissions and are presented together with 7 invited papers. The papers focus on topics such as mechanism design, physical layer games, network mechanisms, stochastic and dynamic games, game-theoretic network models, cooperative games in networks, security games, spectrum sharing games, P2P and social networks and economics of network QoS.

Network Theory and Agent-Based Modeling in Economics and Finance

Anindya S. Chakrabarti,Lukáš Pichl,Taisei Kaizoji
Network Theory and Agent Based Modeling in Economics and Finance Book PDF

Author : Anindya S. Chakrabarti,Lukáš Pichl,Taisei Kaizoji
Publisher : Springer Nature
Page : 458 pages
File Size : 41,5 Mb
Release : 2019-10-23
Category : Business & Economics
ISBN : 9789811383199

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Network Theory and Agent-Based Modeling in Economics and Finance by Anindya S. Chakrabarti,Lukáš Pichl,Taisei Kaizoji Pdf

This book presents the latest findings on network theory and agent-based modeling of economic and financial phenomena. In this context, the economy is depicted as a complex system consisting of heterogeneous agents that interact through evolving networks; the aggregate behavior of the economy arises out of billions of small-scale interactions that take place via countless economic agents. The book focuses on analytical modeling, and on the econometric and statistical analysis of the properties emerging from microscopic interactions. In particular, it highlights the latest empirical and theoretical advances, helping readers understand economic and financial networks, as well as new work on modeling behavior using rich, agent-based frameworks. Innovatively, the book combines observational and theoretical insights in the form of networks and agent-based models, both of which have proved to be extremely valuable in understanding non-linear and evolving complex systems. Given its scope, the book will capture the interest of graduate students and researchers from various disciplines (e.g. economics, computer science, physics, and applied mathematics) whose work involves the domain of complexity theory.

Partner Choice and Cooperation in Networks

Aljaz Ule
Partner Choice and Cooperation in Networks Book PDF

Author : Aljaz Ule
Publisher : Springer
Page : 202 pages
File Size : 46,9 Mb
Release : 2009-09-02
Category : Psychology
ISBN : 3540839453

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Partner Choice and Cooperation in Networks by Aljaz Ule Pdf

In this book, a social dilemma with partner selection is introduced and studied with the methods of formal game theory, experimental economics and computer simulations. It allows exploration of simultaneous dynamics of the network structure and cooperative behavior on this structure. The results of this study show that partner choice strongly facilitates cooperation and leads to networks where free-riders are likely to be excluded.