A Game-theoretic Approach to Political Economy

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Publisher : MIT Press (MA)
ISBN 13 : 9780262192194
Total Pages : 744 pages
Book Rating : 4.1/5 (921 download)

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Book Synopsis A Game-theoretic Approach to Political Economy by : Martin Shubik

Download or read book A Game-theoretic Approach to Political Economy written by Martin Shubik and published by MIT Press (MA). This book was released on 1984-01-01 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt: This companion volume to Shubik's masterful "Game Theory in the Social Sciences "sketches a unification of several branches of political economy on the basis of the theory of games. In five parts it covers basic factors that make economic decision making different from properties of economic goods, money, and wealth - static, one-sided, open model of oligopolistic competition; cooperative models of closed economic systems; strategic models of closed economic systems, and externalities and public goods. This final section explores a number of applications, including land ownership, voting, and the assignment of joint costs. The book concludes with an outline of a series of games within a game as a portrayal of a politico-economic process in a democratic society with a two-party system and public and private sectors. The approach adopted points the way toward a possible reconciliation of micro-and macroeconomics and an integration of economic, political, and sociological descriptions in the study of the short-term function of the state. Martin Shubik is Seymour H. Knox Professor of Mathematical Institutional Economics at Yale University.

A Game-theoretic Approach to Political Economy

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Publisher :
ISBN 13 :
Total Pages : 744 pages
Book Rating : 4.:/5 (695 download)

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Book Synopsis A Game-theoretic Approach to Political Economy by : Martin Shubik

Download or read book A Game-theoretic Approach to Political Economy written by Martin Shubik and published by . This book was released on 1987 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A game-theoretic approach to political economy

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Author :
Publisher :
ISBN 13 :
Total Pages : 744 pages
Book Rating : 4.:/5 (48 download)

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Book Synopsis A game-theoretic approach to political economy by : Martin Shubik

Download or read book A game-theoretic approach to political economy written by Martin Shubik and published by . This book was released on 1984 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Political Economy of Development

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Publisher : Cambridge University Press
ISBN 13 : 1108944612
Total Pages : 128 pages
Book Rating : 4.1/5 (89 download)

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Book Synopsis The Political Economy of Development by : Robert H. Bates

Download or read book The Political Economy of Development written by Robert H. Bates and published by Cambridge University Press. This book was released on 2020-10-29 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Those studying development often address the impact of government policies, but rarely the politics that generate these policies. A culmination of several decades of work by Robert Bates, among the most respected comparativists in political science, this compact volume seeks to rectify that omission. Bates addresses the political origins of prosperity and security and uncovers the root causes of under-development. Without the state there can be no development, but those who are endowed with the power of the state often use its power to appropriate the wealth and property of those they rule. When do those with power use it to safeguard rather than to despoil? Bates explores this question by analyzing motivations behind the behaviour of governments in the developing world, drawing on historical and anthropological insights, game theory, and his own field research in developing nations.

Collective Action and Exchange

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Publisher : Stanford University Press
ISBN 13 : 0804785562
Total Pages : 447 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Collective Action and Exchange by : William D. Ferguson

Download or read book Collective Action and Exchange written by William D. Ferguson and published by Stanford University Press. This book was released on 2013-07-10 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Collective Action and Exchange: A Game-Theoretic Approach to Contemporary Political Economy, William D. Ferguson presents a comprehensive political economy text aimed at advanced undergraduates in economics and graduate students in the social sciences. The text utilizes collective action as a unifying concept, arguing that collective-action problems lie at the foundation of market success, market failure, economic development, and the motivations for policy. Ferguson draws on information economics, social preference theory, cognition theory, institutional economics, as well as political and policy theory to develop this approach. The text uses classical, evolutionary, and epistemic game theory, along with basic social network analysis, as modeling frameworks. These models effectively bind the ideas presented, generating a coherent theoretic approach to political economy that stresses sometimes overlooked implications.

Game Theory in the Social Sciences

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Publisher :
ISBN 13 : 9780262192194
Total Pages : 744 pages
Book Rating : 4.1/5 (921 download)

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Book Synopsis Game Theory in the Social Sciences by : Martin Shubik

Download or read book Game Theory in the Social Sciences written by Martin Shubik and published by . This book was released on 1982 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Game-Theoretic Perspective on Coalition Formation

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Publisher : Oxford University Press
ISBN 13 : 019920795X
Total Pages : 336 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis A Game-Theoretic Perspective on Coalition Formation by : Debraj Ray

Download or read book A Game-Theoretic Perspective on Coalition Formation written by Debraj Ray and published by Oxford University Press. This book was released on 2007-11 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing upon and extending his inaugural Lipsey Lectures, Debraj Ray looks at coalition formation from the perspective of game theory. Ray brings together developments in both cooperative and noncooperative game theory to study the analytics of coalition formation and binding agreements.

Toward a History of Game Theory

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Publisher : Duke University Press
ISBN 13 : 9780822312536
Total Pages : 320 pages
Book Rating : 4.3/5 (125 download)

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Book Synopsis Toward a History of Game Theory by : E. Roy Weintraub

Download or read book Toward a History of Game Theory written by E. Roy Weintraub and published by Duke University Press. This book was released on 1992 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1940s "game theory" emerged from the fields of mathematics and economics to provide a revolutionary new method of analysis. Today game theory provides a language for discussing conflict and cooperation not only for economists, but also for business analysts, sociologists, war planners, international relations theorists, and evolutionary biologists. Toward a History of Game Theory offers the first history of the development, reception, and dissemination of this crucial theory. Drawing on interviews with original members of the game theory community and on the Morgenstern diaries, the first section of the book examines early work in game theory. It focuses on the groundbreaking role of the von Neumann-Morgenstern collaborative work, The Theory of Games and Economic Behavior (1944). The second section recounts the reception of this new theory, revealing just how game theory made its way into the literatures of the time and thus became known among relevant communities of scholars. The contributors explore how game theory became a wedge in opening up the social sciences to mathematical tools and use the personal recollections of scholars who taught at Michigan and Princeton in the late 1940s to show why the theory captivated those practitioners now considered to be "giants" in the field. The final section traces the flow of the ideas of game theory into political science, operations research, and experimental economics. Contributors. Mary Ann Dimand, Robert W. Dimand, Robert J. Leonard, Philip Mirowski, Angela M. O'Rand, Howard Raiffa, Urs Rellstab, Robin E. Rider, William H. Riker, Andrew Schotter, Martin Shubik, Vernon L. Smith

International Relations Theory

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Publisher : Cambridge University Press
ISBN 13 : 1107027357
Total Pages : 243 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis International Relations Theory by : Andrew H. Kydd

Download or read book International Relations Theory written by Andrew H. Kydd and published by Cambridge University Press. This book was released on 2015-01-29 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new introduction to the game theoretic approach to international relations theory. Written for advanced undergraduate and graduate students, this textbook provides the support and background needed for students to gain a thorough understanding of the rationalist approach, from the basic foundations to more complex models.

Economy and Disability

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Publisher : Springer Nature
ISBN 13 : 9811376239
Total Pages : 236 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Economy and Disability by : Akihiko Matsui

Download or read book Economy and Disability written by Akihiko Matsui and published by Springer Nature. This book was released on 2019-09-13 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Society has developed so that it accommodates the needs of intertwined people, but a question arises as to which people have been accommodated. Has everyone been taken care of in an equal manner? If not, who has fallen into the gap between the institutions that are supposed to accommodate them? This book is a study of these issues of economy and disability using game theory, which has provided a means of analyzing various social phenomena. Part I provides actual cases related to economy and disability, with the stories based on interviews by the author. Part II is geared toward a game theoretic analysis. This book explains disability-related issues by game theory and innovates that theory by deeply contemplating the issues. It is not common that first-rate theorists manage to make their research relevant and applicable to the most pressing problems our society faces these days. This is the remarkable achievement of this book. Akihiko Matsui, an internationally recognized leader in economic theory, succeeds in bringing profound game theoretical insights to the questions of disability, the social norms relating to it, and the ethical and economic problems they raise. The book is a tour de force, brilliantly combining economic and sociology, mathematics and philosophy, to provide us a fresh look at the way we run modern societies. Itzahk Gilboa, Professor, Eitan Berglas School of Economics, Tel-Aviv University and Professor of Economics and Decision Sciences, HEC, Paris The present world faces a broad range of societal problems such as discrimination against minorities and conflicts between groups. The market mechanism may solve some of these dilemmas, but many others remain. This book targets various societal problems and provides game theoretical approaches to them, stressing the importance of social institutions including the market system and individual interactive attitudes to society. Aki Matsui’s splendid Economy and Disability is indispensable for students and scholars interested in social science, particularly in economic theory, and gives a better understanding of these phenomena and their potential cures. Mamoru Kaneko, Professor, Faculty of Political Science and Economics, Waseda University In this book, Aki Matsui is revealed to be a fully-fledged humanist in the guise of a game theoretician. He beautifully presents game-theoretical ideas while at the same time suggesting how society should relate to the disabled. This unique combination makes Economy and Disability—apart from anything else—a truly moving book. Ariel Rubinstein, Professor of Economics, Eitan Berglas School of Economics, Tel-Aviv University and Professor of Economics, New York University

Prisoners of Reason

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Publisher : Cambridge University Press
ISBN 13 : 1107064031
Total Pages : 365 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Prisoners of Reason by : S. M. Amadae

Download or read book Prisoners of Reason written by S. M. Amadae and published by Cambridge University Press. This book was released on 2016-01-14 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using the theory of Prisoner's Dilemma, Prisoners of Reason explores how neoliberalism departs from classic liberalism and how it rests on game theory.

Managerial Economics, Second Edition

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Publisher : Routledge
ISBN 13 : 1135154961
Total Pages : 401 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Managerial Economics, Second Edition by : Robert Waschik

Download or read book Managerial Economics, Second Edition written by Robert Waschik and published by Routledge. This book was released on 2010-06-10 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition of a successful textbook builds on the solid grounding of the previous edition and its introduction of the key pillars of game theory into managerial decision-making. Taking an international perspective, the book reflects cutting edge developments in economics such as behavioural economics and auction theory and shows how these can be applied in the workplace.

Game-Theoretic Models of the Political Influence of Interest Groups

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Publisher : Springer Science & Business Media
ISBN 13 : 1475753071
Total Pages : 267 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Game-Theoretic Models of the Political Influence of Interest Groups by : Randolph Sloof

Download or read book Game-Theoretic Models of the Political Influence of Interest Groups written by Randolph Sloof and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this chapter the topic of this book is introduced. Section 1. 1 provides a brief and rather general motivation for the scientific project undertaken here. Interest groups are a very popular object of scientific inquiry, and they received already considerable research attention from scholars in political science, as well as from researchers in economics. Necessarily, then, this book adds to a literature which is already quite developed. A detailed positioning in this literature of the theoretical material presented in this monograph will be given in Chapter 2. This second chapter will also, by means of a review of the empirical literature, provide a more general overview of the issues deemed to be important when studying the influence of interest groups on public policy. The outline of the entire book is described in greater detail in Section 1. 2. As most issues involved are more easily presented in later chapters, this introductory chapter is kept brief. 1. 1 MOTIVATION Substantial political power is often attributed to interest groups. Examples abound in both the economics and political science literature, as well as in journalistic accounts and popular publications. On many occasions the authors express concerns about the negative impact of interest groups on the democratic quality of government. "The interests of a small group are served at the expense of the interests of the general public, the taxpayers!", is an often heard popular complaint.

Games, Information, and Politics

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Publisher : University of Michigan Press
ISBN 13 : 0472027530
Total Pages : 192 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis Games, Information, and Politics by : Scott Gates

Download or read book Games, Information, and Politics written by Scott Gates and published by University of Michigan Press. This book was released on 2010-08-27 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: To study the strategic interaction of individuals, we can use game theory. Despite the long history shared by game theory and political science, many political scientists remain unaware of the exciting game theoretic techniques that have been developed over the years. As a result they use overly simple games to illustrate complex processes. Games, Information, and Politics is written for political scientists who have an interest in game theory but really do not understand how it can be used to improve our understanding of politics. To address this problem, Gates and Humes write for scholars who have little or no training in formal theory and demonstrate how game theoretic analysis can be applied to politics. They apply game theoretic models to three subfields of political science: American politics, comparative politics, and international relations. They demonstrate how game theory can be applied to each of these subfields by drawing from three distinct pieces of research. By drawing on examples from current research projects the authors use real research problems--not hypothetical questions--to develop their discussion of various techniques and to demonstrate how to apply game theoretic models to help answer important political questions. Emphasizing the process of applying game theory, Gates and Humes clear up some common misperceptions about game theory and show how it can be used to improve our understanding of politics. Games, Information, and Politics is written for scholars interested in understanding how game theory is used to model strategic interactions. It will appeal to sociologists and economists as well as political scientists. Scott Gates is Assistant Professor of Political Science, Michigan State University. Brian D. Humes is Associate Professor of Political Science, University of Nebraska-Lincoln.

Game Theory and Economic Modelling

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Publisher : Clarendon Press
ISBN 13 : 0191521337
Total Pages : 204 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Game Theory and Economic Modelling by : David M. Kreps

Download or read book Game Theory and Economic Modelling written by David M. Kreps and published by Clarendon Press. This book was released on 1990-10-04 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Handbook of Game Theory with Economic Applications

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Publisher : Elsevier
ISBN 13 : 9780444894274
Total Pages : 824 pages
Book Rating : 4.8/5 (942 download)

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Book Synopsis Handbook of Game Theory with Economic Applications by : R.J. Aumann

Download or read book Handbook of Game Theory with Economic Applications written by R.J. Aumann and published by Elsevier. This book was released on 1992 with total page 824 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second of three volumes surveying the state of the art in Game Theory and its applications to many and varied fields, in particular to economics. The chapters in the present volume are contributed by outstanding authorities, and provide comprehensive coverage and precise statements of the main results in each area. The applications include empirical evidence. The following topics are covered: communication and correlated equilibria, coalitional games and coalition structures, utility and subjective probability, common knowledge, bargaining, zero-sum games, differential games, and applications of game theory to signalling, moral hazard, search, evolutionary biology, international relations, voting procedures, social choice, public economics, politics, and cost allocation. This handbook will be of interest to scholars in economics, political science, psychology, mathematics and biology. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes

Political Game Theory

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Publisher : Cambridge University Press
ISBN 13 : 9781107438637
Total Pages : 0 pages
Book Rating : 4.4/5 (386 download)

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Book Synopsis Political Game Theory by : Nolan McCarty

Download or read book Political Game Theory written by Nolan McCarty and published by Cambridge University Press. This book was released on 2014-10-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political Game Theory is a self-contained introduction to game theory and its applications to political science. The book presents choice theory, social choice theory, static and dynamic games of complete information, static and dynamic games of incomplete information, repeated games, bargaining theory, mechanism design and a mathematical appendix covering, logic, real analysis, calculus and probability theory. The methods employed have many applications in various disciplines including comparative politics, international relations and American politics. Political Game Theory is tailored to students without extensive backgrounds in mathematics, and traditional economics, however there are also many special sections that present technical material that will appeal to more advanced students. A large number of exercises are also provided to practice the skills and techniques discussed.