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Complementarity In Matching Games And Exchange Economies
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Book Synopsis Complementarity in Matching, Games, and Exchange Economies by : Marzena J. Rostek
Download or read book Complementarity in Matching, Games, and Exchange Economies written by Marzena J. Rostek and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The literature has shown that complementarity places significant structure on outcomes in matching environments, games, and exchange economies. We examine the extent to which this structure, and the economic intuition underlying it, is common across these classes of environments. We show that with gross complementarity, agreeing to a contract in a matching environment is not isomorphic to the trade of a complementary good in an exchange economy -- unlike with (fully) substitutable contracts and goods. Instead, it more closely resembles trade of complementary goods with an intermediary. However, we also show that a nontransferable utility matching environment with complementary contracts can be represented as a game with strategic complementarities in a way that preserves its stable outcome in the form of a maximal Nash equilibrium.
Book Synopsis Adjustment Processes for Exchange Economies and Noncooperative Games by : Antoon van den Elzen
Download or read book Adjustment Processes for Exchange Economies and Noncooperative Games written by Antoon van den Elzen and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is a treatise on adjustment processes. We consider price adjustment processes in exchange economies and strategy adjustment processes in noncooperative games. In the most simple version of an exchange economy, i.e. a pure exchange economy, there exist markets on which prices are determined by the demand and supply created by a finite number of consumers willing to exchange their initial endowments in order to maximize their utilities. An equilibrium situation is attained if, for some price vector, demand equals supply in all markets. Starting from a situation not being an equi librium an adjustment process reaches an equilibrium via adaptations of prices. The advantage of the adjustment processes we will present in this monograph is that they exist and converge under far weaker assumptions than existing processes. The second subject concerns the problem of finding Nash equilibria in noncooperative games. A Nash equilibrium is a situation from which no player can improve his position by unilaterally changing his strategy. We present a new algorithm for finding such equilibria. The sequence of stra tegy vectors generated by the algorithm can be interpreted as the path followed by a strategy adjustment process.
Book Synopsis Monograph Series by : Statens etnografiska museum (Sweden)
Download or read book Monograph Series written by Statens etnografiska museum (Sweden) and published by . This book was released on 1953 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Industrial Organization by :
Download or read book Handbook of Industrial Organization written by and published by Elsevier. This book was released on 2021-12-09 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Industrial Organization Volume 4 highlights new advances in the field, with this new volume presenting interesting chapters. Each chapter is written by an international board of authors. Part of the renowned Handbooks in Economics series Chapters are contributed by some of the leading experts in their fields A source, reference and teaching supplement for industrial organizations or industrial economists
Book Synopsis Algorithmic Game Theory by : Noam Nisan
Download or read book Algorithmic Game Theory written by Noam Nisan and published by Cambridge University Press. This book was released on 2007-09-24 with total page 928 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years game theory has had a substantial impact on computer science, especially on Internet- and e-commerce-related issues. Algorithmic Game Theory, first published in 2007, develops the central ideas and results of this exciting area in a clear and succinct manner. More than 40 of the top researchers in this field have written chapters that go from the foundations to the state of the art. Basic chapters on algorithmic methods for equilibria, mechanism design and combinatorial auctions are followed by chapters on important game theory applications such as incentives and pricing, cost sharing, information markets and cryptography and security. This definitive work will set the tone of research for the next few years and beyond. Students, researchers, and practitioners alike need to learn more about these fascinating theoretical developments and their widespread practical application.
Book Synopsis Handbook of Social Economics by : Jess Benhabib
Download or read book Handbook of Social Economics written by Jess Benhabib and published by Elsevier. This book was released on 2010-11-12 with total page 940 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can economists define and measure social preferences and interactions? Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Identifying economic strains in activities such as learning, group formation, discrimination, and the creation of peer dynamics, they demonstrate how they tease out social preferences from the influences of culture, familial beliefs, religion, and other forces. Advances our understanding about quantifying social interactions and the effects of culture Summarizes research on theoretical and applied economic analyses of social preferences Explores the recent willingness among economists to consider new arguments in the utility function Matthew O Jackson has contributed to Handbooks in Economics: Social Economics Set as an editor. Matthew O. Jackson is the William D. Eberle Professor of Economics at Stanford University
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.
Book Synopsis Addressing Gaps and Advancing Scholarship in the Study of Psychological Contracts by : Sarah Bankins
Download or read book Addressing Gaps and Advancing Scholarship in the Study of Psychological Contracts written by Sarah Bankins and published by Taylor & Francis. This book was released on 2024-08-09 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book acknowledges the significant changes in the context and contours of the traditional employee-employer relationship over the last several decades and highlights the emergence of exciting new directions for the study of psychological contracts (PC). New technologies and emergent forms of work are extending ‘the temporal and spatial boundaries’ of employment, such as through the rise of the shared economy and ‘gig’ workers, uptake of virtual work and flexible work arrangements, and the use of off-site co-working spaces. Technology use now permeates many aspects of jobs, supported by artificial intelligence and machine learning technology. Factors that motivate work are also changing as new generations of employees embrace their callings and organizations increasingly recognize their responsibilities to society and to employee wellbeing. These changes are altering the traditional employer-employee relationship and are key motivators of this volume. The chapters in this volume chart new directions for PC research over the next decade by widening the theoretical and methodological lenses used to explore PC processes. This book will be valuable to advanced students, researchers, and practitioners in organizational psychology, organization studies, workplace training and human resource management, as well as those interested in improved performance of people and organizations. The chapters in this book were originally published as a special issue of the European Journal of Work and Organizational Psychology.
Book Synopsis Balance and Circulation by : John-Erik Elmberg
Download or read book Balance and Circulation written by John-Erik Elmberg and published by . This book was released on 1968 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 North Holland. This book was released on 2002-08-19 with total page 900 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the third volume of the Handbook of Game Theory with Economic Applications. Since the publication of multi-Volume 1 a decade ago, game theory has continued to develop at a furious pace, and today it is the dominant tool in economic theory. The three volumes together cover the fundamental theoretical aspects, a wide range of applications to economics, several chapters on applications to political science and individual chapters on applications to disciplines as diverse as evolutionary biology, computer science, law, psychology and ethics. The authors are the most eminent practitioners in the field, including three Nobel Prize winners. The topics covered in the present volume include strategic ("Nash") equilibrium; incomplete information; two-person non-zero-sum games; noncooperative games with a continuum of players; stochastic games; industrial organization; bargaining, inspection; economic history; the Shapley value and its applications to perfectly competitive economies, to taxation, to public goods and to fixed prices; political science; law mechanism design; and game experimentation.
Book Synopsis Institutional Interconnections and Cross-Boundary Cooperation in Inclusive Business by : Yoshitaka Okada
Download or read book Institutional Interconnections and Cross-Boundary Cooperation in Inclusive Business written by Yoshitaka Okada and published by Emerald Group Publishing. This book was released on 2021-11-05 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutional Interconnections and Cross-Boundary Cooperation in Inclusive Business explores the nature and characteristics of institutional interconnections in inclusive business and how these connections can be developed to help alleviate poverty through business activities in developing countries.
Author :Institute for Operations Research and the Management Sciences. National Meeting Publisher : ISBN 13 : Total Pages :644 pages Book Rating :4.E/5 ( download)
Book Synopsis INFORMS Annual Meeting by : Institute for Operations Research and the Management Sciences. National Meeting
Download or read book INFORMS Annual Meeting written by Institute for Operations Research and the Management Sciences. National Meeting and published by . This book was released on 2009 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Accounting is an Evolved Economic Institution by : Gregory B. Waymire
Download or read book Accounting is an Evolved Economic Institution written by Gregory B. Waymire and published by Now Publishers Inc. This book was released on 2008 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accounting is an Evolved Economic Institution summarizes accounting history over the past ten thousand years and can be used as a primer of accounting history.
Book Synopsis The Oxford Handbook of Computational Economics and Finance by : Shu-Heng Chen
Download or read book The Oxford Handbook of Computational Economics and Finance written by Shu-Heng Chen and published by Oxford University Press. This book was released on 2018 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of Computational Economics and Finance provides a survey of both the foundations of and recent advances in the frontiers of analysis and action. It is both historically and interdisciplinarily rich and also tightly connected to the rise of digital society. It begins with the conventional view of computational economics, including recent algorithmic development in computing rational expectations, volatility, and general equilibrium. It then moves from traditional computing in economics and finance to recent developments in natural computing, including applications of nature-inspired intelligence, genetic programming, swarm intelligence, and fuzzy logic. Also examined are recent developments of network and agent-based computing in economics. How these approaches are applied is examined in chapters on such subjects as trading robots and automated markets. The last part deals with the epistemology of simulation in its trinity form with the integration of simulation, computation, and dynamics. Distinctive is the focus on natural computationalism and the examination of the implications of intelligent machines for the future of computational economics and finance. Not merely individual robots, but whole integrated systems are extending their "immigration" to the world of Homo sapiens, or symbiogenesis.
Book Synopsis The Foundations of Behavioral Economic Analysis by : Sanjit S. Dhami
Download or read book The Foundations of Behavioral Economic Analysis written by Sanjit S. Dhami and published by Oxford University Press. This book was released on 2016 with total page 1799 pages. Available in PDF, EPUB and Kindle. Book excerpt: It considers the evidence against the exponential discounted utility model and describes several behavioral models such as hyperbolic discounting, attribute based models and the reference time theory. Part IV describes the evidence on classical game theory and considers several models of behavioral game theory, including level-k and cognitive hierarchy models, quantal response equilibrium, and psychological game theory. Part V considers behavioral models of learning that include evolutionary game theory, classical models of learning, experience weighted attraction model, learning direction theory, and stochastic social dynamics. Part VI studies the role of emotions; among other topics it considers projection bias, temptation preferences, happiness economics, and interaction between emotions and cognition. Part VII considers bounded rationality. The three main topics considered are judgment heuristics and biases, mental accounting, and behavioral finance.
Download or read book Mathematical Reviews written by and published by . This book was released on 2004 with total page 1524 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The New Palgrave Dictionary of Economics by :
Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
