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A Direct Mechanism Characterization Of Sequential Bargaining With One Sided Incomplete Information
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Book Synopsis Two-Person Bargaining Experiments with Incomplete Information by : Bettina Kuon
Download or read book Two-Person Bargaining Experiments with Incomplete Information written by Bettina Kuon and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Think of the following situation: A project yielding a gross profit of 100 is offered to two firms. The project can only be conducted by a cooperation of the two firms. No firm is able to conduct the project alone. In order to receive the project the firms have to agree on the allocation of the gross profit. Each of both firms has an alternative project it conducts in case the joint project is not realized. The profitability of an allocation of the joint gross profit for a firm depends on the gross profit from its alternative project. The gross profit from an alternative project can be either 0 (low alternative value) or O
Download or read book Game Theory written by Drew Fudenberg and published by MIT Press. This book was released on 1991-08-29 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: This advanced text introduces the principles of noncooperative game theory in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. This advanced text introduces the principles of noncooperative game theory—including strategic form games, Nash equilibria, subgame perfection, repeated games, and games of incomplete information—in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. The analytic material is accompanied by many applications, examples, and exercises. The theory of noncooperative games studies the behavior of agents in any situation where each agent's optimal choice may depend on a forecast of the opponents' choices. "Noncooperative" refers to choices that are based on the participant's perceived selfinterest. Although game theory has been applied to many fields, Fudenberg and Tirole focus on the kinds of game theory that have been most useful in the study of economic problems. They also include some applications to political science. The fourteen chapters are grouped in parts that cover static games of complete information, dynamic games of complete information, static games of incomplete information, dynamic games of incomplete information, and advanced topics.
Book Synopsis Negotiating Environmental Quality by : Markus A. Lehmann
Download or read book Negotiating Environmental Quality written by Markus A. Lehmann and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using strategic game theory, this innovative book carefully reviews the detailed negotiations between industry, regulating agencies, and third parties in environmental policy implementation. The analysis is underpinned by an institutional comparison of German and American administrative and environmental law. After presenting an alternative model to address real-world bargaining, Markus Lehmann provides an economic rationale for the use of case-to-case regulation, a policy instrument traditionally neglected if not rejected by environmental economists. He discusses how and to what extent the shortcomings of this instrument can be overcome by a specific institutional design. He presents a clear-cut policy conclusion which is shown to be quite robust under different model structures and varying sets of assumptions.
Book Synopsis Advances in Economics and Econometrics: Volume 1 by : Bo Honoré
Download or read book Advances in Economics and Econometrics: Volume 1 written by Bo Honoré and published by Cambridge University Press. This book was released on 2017-11-02 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first of two volumes containing papers and commentaries presented at the Eleventh World Congress of the Econometric Society, held in Montreal, Canada in August 2015. These papers provide state-of-the-art guides to the most important recent research in economics. The book includes surveys and interpretations of key developments in economics and econometrics, and discussion of future directions for a wide variety of topics, covering both theory and application. These volumes provide a unique, accessible survey of progress on the discipline, written by leading specialists in their fields. The first volume includes theoretical and applied papers addressing topics such as dynamic mechanism design, agency problems, and networks.
Book Synopsis On Contract Design with Hidden Information by : Roman Inderst
Download or read book On Contract Design with Hidden Information written by Roman Inderst and published by Herbert Utz Verlag. This book was released on 1999 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Journal of economic theory by : Universidade da Coruña
Download or read book Journal of economic theory written by Universidade da Coruña and published by . This book was released on 1989 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Journal of Economic Theory by : Karl Shell
Download or read book Journal of Economic Theory written by Karl Shell and published by . This book was released on 1997 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatization in Eastern Germany by : Herbert Brücker
Download or read book Privatization in Eastern Germany written by Herbert Brücker and published by Routledge. This book was released on 2005-07-27 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives an analysis of privatization and restructuring by the Treuhandanstalt in East Germany. It also addresses the theoretical and conceptual problems of large-scale privatization in the transformation process.
Book Synopsis Bargaining with Incomplete Information by : Peter B. Linhart
Download or read book Bargaining with Incomplete Information written by Peter B. Linhart and published by . This book was released on 1992 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: These 22 contributions to the economic theory of non co-operative bargaining show how incomplete information, small numbers of agents, and the rules governing negotiation interact to cause inefficiency, indeterminacy and delay in bargaining outcomes.
Download or read book Management Science written by and published by . This book was released on 1995 with total page 880 pages. Available in PDF, EPUB and Kindle. Book excerpt: Issues for Feb. 1965-Aug. 1967 include Bulletin of the Institute of Management Sciences.
Book Synopsis Three Essays in Applied Game Theory by : Kwok H. Cheung
Download or read book Three Essays in Applied Game Theory written by Kwok H. Cheung and published by . This book was released on 1989 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social Science Working Paper written by and published by . This book was released on 1993 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Trade Negotiations in the WTO by : Kornkarun Kungpanidchakul
Download or read book Three Essays on Trade Negotiations in the WTO written by Kornkarun Kungpanidchakul and published by . This book was released on 2007 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Journal of Economic Literature written by and published by . This book was released on 1993 with total page 1316 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Game Theory written by Roger B. Myerson and published by Harvard University Press. This book was released on 2013-03-01 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eminently suited to classroom use as well as individual study, Roger Myerson's introductory text provides a clear and thorough examination of the models, solution concepts, results, and methodological principles of noncooperative and cooperative game theory. Myerson introduces, clarifies, and synthesizes the extraordinary advances made in the subject over the past fifteen years, presents an overview of decision theory, and comprehensively reviews the development of the fundamental models: games in extensive form and strategic form, and Bayesian games with incomplete information. Game Theory will be useful for students at the graduate level in economics, political science, operations research, and applied mathematics. Everyone who uses game theory in research will find this book essential.
Book Synopsis Game Theory and the Law by : Douglas G. Baird
Download or read book Game Theory and the Law written by Douglas G. Baird and published by . This book was released on 1994-11-07 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book promises to be the definitive guide to the field. It provides a highly sophisticated yet exceptionally clear explanation of game theory, with a host of applications to legal issues.
Book Synopsis Game-Theoretic Models of Bargaining by : Alvin E. Roth
Download or read book Game-Theoretic Models of Bargaining written by Alvin E. Roth and published by Cambridge University Press. This book was released on 1985-11-29 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive picture of the new developments in bargaining theory.