A New Solution Concept For Both Cooperative And Noncooperative Games

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Papers in Game Theory

Author : J.C. Harsanyi
Publisher : Springer Science & Business Media
ISBN 13 : 9401725276
Total Pages : 264 pages
Book Rating : 4.4/5 (17 download)

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Book Synopsis Papers in Game Theory by : J.C. Harsanyi

Download or read book Papers in Game Theory written by J.C. Harsanyi and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains twelve of my game-theoretical papers, published in the period of 1956-80. It complements my Essays on Ethics, Social Behavior, and Scientific Explanation, Reidel, 1976, and my Rational Behavior and Bargaining Equilibrium in Games and Social Situations, Cambridge University Press, 1977. These twelve papers deal with a wide range of game-theoretical problems. But there is a common intellectual thread going though all of them: they are all parts of an attempt to generalize and combine various game-theoretical solution concepts into a unified solution theory yielding one-point solutions for both cooperative and noncooperative games, and covering even such 'non-classical' games as games with incomplete information. SECTION A The first three papers deal with bargaining models. The first one discusses Nash's two-person bargaining solution and shows its equivalence with Zeuthen's bargaining theory. The second considers the rationality postulates underlying the Nash-Zeuthen theory and defends it against Schelling's objections. The third extends the Shapley value to games without transferable utility and proposes a solution concept that is at the same time a generaliza tion of the Shapley value and of the Nash bargaining solution.

Noncooperative Game Theory

Author : João P. Hespanha
Publisher : Princeton University Press
ISBN 13 : 0691175217
Total Pages : 242 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Noncooperative Game Theory by : João P. Hespanha

Download or read book Noncooperative Game Theory written by João P. Hespanha and published by Princeton University Press. This book was released on 2017-06-13 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Fuzzy Solution Concepts for Non-cooperative Games

Author : Tina Verma
Publisher : Springer
ISBN 13 : 3030161625
Total Pages : 175 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Fuzzy Solution Concepts for Non-cooperative Games by : Tina Verma

Download or read book Fuzzy Solution Concepts for Non-cooperative Games written by Tina Verma and published by Springer. This book was released on 2019-04-09 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes novel methods for solving different types of non-cooperative games with interval/fuzzy/intuitionistic fuzzy payoffs. It starts by discussing several existing methods and shows that some mathematically incorrect assumptions have been considered in all these methods. It then proposes solutions to adapt those methods and validate the new proposed methods, such as Gaurika method Ambika-I-IV, Mehar method and others, by using them for solving existing numerical problems. The book offers a comprehensive guide on non-cooperative games with fuzzy payoffs to both students and researchers. It provides them with the all the necessary tools to understand the methods and the theory behind them.

The Essential John Nash

Author : John Nash
Publisher : Princeton University Press
ISBN 13 : 140088408X
Total Pages : 273 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Essential John Nash by : John Nash

Download or read book The Essential John Nash written by John Nash and published by Princeton University Press. This book was released on 2016-06-29 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: When John Nash won the Nobel prize in economics in 1994, many people were surprised to learn that he was alive and well. Since then, Sylvia Nasar's celebrated biography A Beautiful Mind, the basis of a new major motion picture, has revealed the man. The Essential John Nash reveals his work--in his own words. This book presents, for the first time, the full range of Nash's diverse contributions not only to game theory, for which he received the Nobel, but to pure mathematics--from Riemannian geometry and partial differential equations--in which he commands even greater acclaim among academics. Included are nine of Nash's most influential papers, most of them written over the decade beginning in 1949. From 1959 until his astonishing remission three decades later, the man behind the concepts "Nash equilibrium" and "Nash bargaining"--concepts that today pervade not only economics but nuclear strategy and contract talks in major league sports--had lived in the shadow of a condition diagnosed as paranoid schizophrenia. In the introduction to this book, Nasar recounts how Nash had, by the age of thirty, gone from being a wunderkind at Princeton and a rising mathematical star at MIT to the depths of mental illness. In his preface, Harold Kuhn offers personal insights on his longtime friend and colleague; and in introductions to several of Nash's papers, he provides scholarly context. In an afterword, Nash describes his current work, and he discusses an error in one of his papers. A photo essay chronicles Nash's career from his student days in Princeton to the present. Also included are Nash's Nobel citation and autobiography. The Essential John Nash makes it plain why one of Nash's colleagues termed his style of intellectual inquiry as "like lightning striking." All those inspired by Nash's dazzling ideas will welcome this unprecedented opportunity to trace these ideas back to the exceptional mind they came from.

Public Finance and Public Policy

Author : Arye L. Hillman
Publisher : Cambridge University Press
ISBN 13 : 0521494265
Total Pages : 873 pages
Book Rating : 4.5/5 (214 download)

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Book Synopsis Public Finance and Public Policy by : Arye L. Hillman

Download or read book Public Finance and Public Policy written by Arye L. Hillman and published by Cambridge University Press. This book was released on 2009-04-06 with total page 873 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets and governments -- Institutions and governance -- Public goods -- Public finance for public goods -- Market corrections -- Voting -- Social justice -- Entitlements and equality of opportunity -- Choice of taxation -- The need for government.

A Celebration of John F. Nash Jr.

Author : Harold W. Kuhn
Publisher : Duke University Press
ISBN 13 : 9780822317821
Total Pages : 512 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis A Celebration of John F. Nash Jr. by : Harold W. Kuhn

Download or read book A Celebration of John F. Nash Jr. written by Harold W. Kuhn and published by Duke University Press. This book was released on 1996 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection celebrates the pathbreaking work in game theory and mathematics of John F. Nash Jr., winner of the 1994 Nobel Prize in Economics. Nash's analysis of equilibria in the theory of non-cooperative games has had a major impact on modern economic theory. This book, also published as volume 81 of the Duke Mathematical Journal, includes an important, but previously unpublished paper by Nash; the proceedings of the Nobel seminar held in Stockholm on December 8, 1994 in his honor; and papers by distinguished mathematicians and economists written in response to and in honor of Nash's pioneering contributions to those fields. In 1950, when he was 22 years old, Nash presented his key idea--the Nash equilibrium--in the Ph.D. thesis he submitted to the Mathematics Department at Princeton University. In that paper, he defined a new concept of equilibrium and used methods from topology to prove the existence of an equilibrium point for n-person, finite, non-cooperative games, that is, for games in which the number of possible strategies are limited, no communication is allowed between the players, and n represents the number of players. The Nash equilibrium point is reached when none of the players can improve their position by changing strategies. By taking into account situations involving more than two players, specifically the general n-player game, Nash built significantly on the previous work of John Von Neumann and Oskar Morgenstern. Contributors. Abbas Bahri, Eric A. Carlen, Ennio De Giorgi, Charles Fefferman, Srihari Govidan, John C. Harsanyi, H. Hoffer, Carlos E. Kenig, S. Klainerman, Harold F. Kuhn, Michael Loss, William F. Lucas, M. Machedon, Roger B. Myerson, Raghavan Narasimhan, John F. Nash Jr., Louis Nirenberg, Jill Pipher, Zeév Rudnick, Peter Sarnak, Michael Shub, Steve Smale, Robert Wilson, K. Wysocki, E. Zehnder

Internet of Things, Smart Spaces, and Next Generation Networks and Systems

Author : Sergey Balandin
Publisher : Springer
ISBN 13 : 3319103539
Total Pages : 729 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Internet of Things, Smart Spaces, and Next Generation Networks and Systems by : Sergey Balandin

Download or read book Internet of Things, Smart Spaces, and Next Generation Networks and Systems written by Sergey Balandin and published by Springer. This book was released on 2014-08-01 with total page 729 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the joint refereed proceedings of the 14th International Conference on Next Generation Wired/Wireless Advanced Networks and Systems, NEW2AN 2014, and the 7th Conference on Internet of Things and Smart Spaces, ruSMART 2014, held in St. Petersburg, Russia, in August 2014. The total of 67 papers was carefully reviewed and selected for inclusion in this book. The 15 papers selected from ruSMART are organized in topical sections named: smart spaces core technologies, smart spaces for geo-location and e-tourism apps, smart space supporting technologies, and video solutions for smart spaces. The 52 papers from NEW2AN deal with the following topics: advances in wireless networking, ad hoc networks and enhanced services, sensor- and machine-type communication, networking architectures and their modeling, traffic analysis and prediction, analytical methods for performance evaluation, materials for future communications, generation and analysis of signals, business aspects of networking, progress on upper layers and implementations, modeling methods and tools, techniques, algorithms, and control problems, photonics and optics, and signals and their processing.

The Core Theory in Economics

Author : Lester Telser
Publisher : Routledge
ISBN 13 : 1135992193
Total Pages : 390 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis The Core Theory in Economics by : Lester Telser

Download or read book The Core Theory in Economics written by Lester Telser and published by Routledge. This book was released on 2012-11-12 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: An important tenet of game theory, core theory has nonetheless been all but ignored by the mainstream. Its basic premise is that individuals band together in order to promote their interests as much as possible. The return to an individual depends on competition among various coalitions for its membership, and a group of people can obtain a joint maximum by suitable coordinated actions. In this key title, Lester Telser investigates the following issues: Markets Multiproduct Industry Total Cost Functions with Avoidable Costs Critical Analyses of Noncooperative Equilibria. Through these distinct sections, Telser skilfully brings the ideas of core theory to bear on a range of issues within economics – with particular emphasis on supply and demand and the way markets function.

Game Theory and Learning for Wireless Networks

Author : Samson Lasaulce
Publisher : Academic Press
ISBN 13 : 0123846986
Total Pages : 346 pages
Book Rating : 4.1/5 (238 download)

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Book Synopsis Game Theory and Learning for Wireless Networks by : Samson Lasaulce

Download or read book Game Theory and Learning for Wireless Networks written by Samson Lasaulce and published by Academic Press. This book was released on 2011-09-19 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first comprehensive tutorial on game theory and its application to wireless communications. The book starts with a guide to the essential principles of game theory relevant to the communications engineer, giving tools that can be used to develop applications in wireless communications. It explains how game theory models can be applied to distributed resource allocation in a perfect world. Having clarified how the models can be applied in principle, the book then gives practical implementation methods for the real world, showing how the models in the perfect world need to be adapted to real life situations which are far from perfect. The first tutorial style book that gives all the relevant theory, at the right level of rigour, for the wireless communications engineer Bridges the gap between theory and practice by giving examples and case studies showing how game theory can solve real world resource allocation problems Contains algorithms and techniques to implement game theory in wireless terminals.

Game Theory Solutions for the Internet of Things: Emerging Research and Opportunities

Author : Kim, Sungwook
Publisher : IGI Global
ISBN 13 : 152251953X
Total Pages : 235 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Game Theory Solutions for the Internet of Things: Emerging Research and Opportunities by : Kim, Sungwook

Download or read book Game Theory Solutions for the Internet of Things: Emerging Research and Opportunities written by Kim, Sungwook and published by IGI Global. This book was released on 2017-01-06 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is an enhanced level of connectivity available in modern society through the increased usage of various technological devices. Such developments have led to the integration of smart objects into the Internet of Things (IoT), an emerging paradigm in the digital age. Game Theory Solutions for the Internet of Things: Emerging Research and Opportunities examines the latest strategies for the management of IoT systems and the application of theoretical models to enhance real-world applications and improve system efficiency. Highlighting innovative algorithms and methods, as well as coverage on cloud computing, cross-domain applications, and energy control, this book is a pivotal source of information for researchers, practitioners, graduate students, professionals, and academics interested in the game theoretic solutions for IoT applications.

Game Theory

Author : John Eatwell
Publisher : Springer
ISBN 13 : 1349201812
Total Pages : 275 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Game Theory by : John Eatwell

Download or read book Game Theory written by John Eatwell and published by Springer. This book was released on 1989-09-01 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an extract from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. It concentrates on the topic of game theory.

Computational Aspects of Cooperative Game Theory

Author : Georgios Raedt
Publisher : Springer Nature
ISBN 13 : 3031015584
Total Pages : 150 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Computational Aspects of Cooperative Game Theory by : Georgios Raedt

Download or read book Computational Aspects of Cooperative Game Theory written by Georgios Raedt and published by Springer Nature. This book was released on 2022-05-31 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Rational Choice

Author : Jon Elster
Publisher : NYU Press
ISBN 13 : 0814721699
Total Pages : 273 pages
Book Rating : 4.8/5 (147 download)

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Book Synopsis Rational Choice by : Jon Elster

Download or read book Rational Choice written by Jon Elster and published by NYU Press. This book was released on 1986-11 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This series brings together a carefully edited selection of the most influential and enduring articles on central topics in social and political theory. Each volume contains ten to twelve articles and an introductory essay by the editor.

Imperfections and Behavior in Economic Organizations

Author : Robert P. Gilles
Publisher : Springer Science & Business Media
ISBN 13 : 940111370X
Total Pages : 329 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Imperfections and Behavior in Economic Organizations by : Robert P. Gilles

Download or read book Imperfections and Behavior in Economic Organizations written by Robert P. Gilles and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Imperfections and Behavior in Economic Organizations analyzes the organization of economic decision making in a contemporary setting. The contributors focus on two important aspects of this analysis. First, they address the issue of imperfect or incomplete information and communication in economic organizations and consider imperfections arising from the interaction of the market organization with its environment. Second, the issue of cooperation in a competitive environment is thoroughly analyzed and alternative social trade organizations are designed to dissipate the allocation problems that arise in these situations.

Multi-disciplinary Trends in Artificial Intelligence

Author : Olarik Surinta
Publisher : Springer Nature
ISBN 13 : 3031209923
Total Pages : 238 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis Multi-disciplinary Trends in Artificial Intelligence by : Olarik Surinta

Download or read book Multi-disciplinary Trends in Artificial Intelligence written by Olarik Surinta and published by Springer Nature. This book was released on 2022-11-10 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 15th International Conference on Multi-disciplinary Trends in Artificial Intelligence, MIWAI 2022, held online on November 17–19, 2022. The 14 full papers and 5 short papers presented were carefully reviewed and selected from 42 submissions.

Network Economics and the Allocation of Savings

Author : Philipp Servatius
Publisher : Springer Science & Business Media
ISBN 13 : 3642210961
Total Pages : 307 pages
Book Rating : 4.6/5 (422 download)

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Book Synopsis Network Economics and the Allocation of Savings by : Philipp Servatius

Download or read book Network Economics and the Allocation of Savings written by Philipp Servatius and published by Springer Science & Business Media. This book was released on 2011-10-20 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a game theoretic model of interaction among VoIP telecommunications providers regarding their willingness to enter peering agreements with one another. The author shows that the incentive to peer is generally based on savings from otherwise payable long distance fees. At the same time, termination fees can have a countering and dominant effect, resulting in an environment in which VoIP firms decide against peering. Various scenarios of peering and rules for allocation of the savings are considered. The first part covers the relevant aspects of game theory and network theory, trying to give an overview of the concepts required in the subsequent application. The second part of the book introduces first a model of how the savings from peering can be calculated and then turns to the actual formation of peering relationships between VoIP firms. The conditions under which firms are willing to peer are then described, considering the possible influence of a regulatory body.

Autonomous Vehicles

Author : George Dimitrakopoulos
Publisher : Elsevier
ISBN 13 : 0323901387
Total Pages : 204 pages
Book Rating : 4.3/5 (239 download)

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Book Synopsis Autonomous Vehicles by : George Dimitrakopoulos

Download or read book Autonomous Vehicles written by George Dimitrakopoulos and published by Elsevier. This book was released on 2021-04-15 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Autonomous Vehicles: Technologies, Regulations, and Societal Impacts explores both the autonomous driving concepts and the key hardware and software enablers, Artificial intelligence tools, needed infrastructure, communication protocols, and interaction with non-autonomous vehicles. It analyses the impacts of autonomous driving using a scenario-based approach to quantify the effects on the overall economy and affected sectors. The book assess from a qualitative and quantitative approach, the future of autonomous driving, and the main drivers, challenges, and barriers. The book investigates whether individuals are ready to use advanced automated driving vehicles technology, and to what extent we as a society are prepared to accept highly automated vehicles on the road. Building on the technologies, opportunities, strengths, threats, and weaknesses, Autonomous Vehicles: Technologies, Regulations, and Societal Impacts discusses the needed frameworks for automated vehicles to move inside and around cities. The book concludes with a discussion on what in applications comes next, outlining the future research needs. - Broad, interdisciplinary and systematic coverage of the key issues in autonomous driving and vehicles - Examines technological impact on society, governance, and the economy as a whole - Includes foundational topical coverage, case studies, objectives, and glossary