Economic Games And Strategic Behaviour

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Markets, Games, and Strategic Behavior

Author : Charles A. Holt
Publisher : Princeton University Press
ISBN 13 : 0691188971
Total Pages : 696 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Markets, Games, and Strategic Behavior by : Charles A. Holt

Download or read book Markets, Games, and Strategic Behavior written by Charles A. Holt and published by Princeton University Press. This book was released on 2019-03-12 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a pioneer in experimental economics, an expanded and updated edition of a textbook that brings economic experiments into the classroom Economics is rapidly becoming a more experimental science, and the best way to convey insights from this research is to engage students in classroom simulations that motivate subsequent discussions and reading. In this expanded and updated second edition of Markets, Games, and Strategic Behavior, Charles Holt, one of the leaders in experimental economics, provides an unparalleled introduction to the study of economic behavior, organized around risky decisions, games of strategy, and economic markets that can be simulated in class. Each chapter is based on a key experiment, presented with accessible examples and just enough theory. Featuring innovative applications from the lab and the field, the book introduces new research on a wide range of topics. Core chapters provide an introduction to the experimental analysis of markets and strategic decisions made in the shadow of risk or conflict. Instructors can then pick and choose among topics focused on bargaining, game theory, social preferences, industrial organization, public choice and voting, asset market bubbles, and auctions. Based on decades of teaching experience, this is the perfect book for any undergraduate course in experimental economics or behavioral game theory. New material on topics such as matching, belief elicitation, repeated games, prospect theory, probabilistic choice, macro experiments, and statistical analysis Participatory experiments that connect behavioral theory and laboratory research Largely self-contained chapters that can each be covered in a single class Guidance for instructors on setting up classroom experiments, with either hand-run procedures or free online software End-of-chapter problems, including some conceptual-design questions, with hints or partial solutions provided

Modeling Strategic Behavior: A Graduate Introduction To Game Theory And Mechanism Design

Author : George J Mailath
Publisher : World Scientific
ISBN 13 : 9813239956
Total Pages : 364 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Modeling Strategic Behavior: A Graduate Introduction To Game Theory And Mechanism Design by : George J Mailath

Download or read book Modeling Strategic Behavior: A Graduate Introduction To Game Theory And Mechanism Design written by George J Mailath and published by World Scientific. This book was released on 2018-12-18 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is impossible to understand modern economics without knowledge of the basic tools of gametheory and mechanism design. This book provides a graduate-level introduction to the economic modeling of strategic behavior. The goal is to teach Economics doctoral students the tools of game theory and mechanism design that all economists should know.

Markets, Games, and Strategic Behavior

Author : Charles A. Holt
Publisher : Princeton University Press
ISBN 13 : 0691179247
Total Pages : 695 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Markets, Games, and Strategic Behavior by : Charles A. Holt

Download or read book Markets, Games, and Strategic Behavior written by Charles A. Holt and published by Princeton University Press. This book was released on 2019-03-19 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: First edition published: Boston: Pearson Addison Wesley, 2007.

Behavioral Game Theory

Author : Colin F. Camerer
Publisher : Princeton University Press
ISBN 13 : 1400840880
Total Pages : 569 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Behavioral Game Theory by : Colin F. Camerer

Download or read book Behavioral Game Theory written by Colin F. Camerer and published by Princeton University Press. This book was released on 2011-09-05 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory, the formalized study of strategy, began in the 1940s by asking how emotionless geniuses should play games, but ignored until recently how average people with emotions and limited foresight actually play games. This book marks the first substantial and authoritative effort to close this gap. Colin Camerer, one of the field's leading figures, uses psychological principles and hundreds of experiments to develop mathematical theories of reciprocity, limited strategizing, and learning, which help predict what real people and companies do in strategic situations. Unifying a wealth of information from ongoing studies in strategic behavior, he takes the experimental science of behavioral economics a major step forward. He does so in lucid, friendly prose. Behavioral game theory has three ingredients that come clearly into focus in this book: mathematical theories of how moral obligation and vengeance affect the way people bargain and trust each other; a theory of how limits in the brain constrain the number of steps of "I think he thinks . . ." reasoning people naturally do; and a theory of how people learn from experience to make better strategic decisions. Strategic interactions that can be explained by behavioral game theory include bargaining, games of bluffing as in sports and poker, strikes, how conventions help coordinate a joint activity, price competition and patent races, and building up reputations for trustworthiness or ruthlessness in business or life. While there are many books on standard game theory that address the way ideally rational actors operate, Behavioral Game Theory stands alone in blending experimental evidence and psychology in a mathematical theory of normal strategic behavior. It is must reading for anyone who seeks a more complete understanding of strategic thinking, from professional economists to scholars and students of economics, management studies, psychology, political science, anthropology, and biology.

Advances in Understanding Strategic Behaviour

Author : S. Huck
Publisher : Springer
ISBN 13 : 0230523374
Total Pages : 359 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Advances in Understanding Strategic Behaviour by : S. Huck

Download or read book Advances in Understanding Strategic Behaviour written by S. Huck and published by Springer. This book was released on 2004-10-29 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains sixteen original articles documenting recent progress in understanding strategic behaviour. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioural game theory, bounded rationality and economic psychology to experimental economics. There are plenty of new models and insights but the book also illustrates the boundaries of what we know today and explains the frontiers of tomorrow. The articles were written in honour of Werner Güth.

Applied Game Theory and Strategic Behavior

Author : Ilhan K. Geckil
Publisher : CRC Press
ISBN 13 : 158488844X
Total Pages : 222 pages
Book Rating : 4.5/5 (848 download)

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Book Synopsis Applied Game Theory and Strategic Behavior by : Ilhan K. Geckil

Download or read book Applied Game Theory and Strategic Behavior written by Ilhan K. Geckil and published by CRC Press. This book was released on 2016-04-19 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Useful Tools to Help Solve Decision Making ProblemsApplied Game Theory and Strategic Behavior demonstrates the use of various game theory techniques to address practical business, economic, legal, and public policy issues. It also illustrates the benefits of employing strategic thinking that incorporates the uncertainty surrounding the behavior of

Theory of Games and Economic Behavior

Author : John Von Neumann
Publisher : Diana
ISBN 13 : 9785608789779
Total Pages : 660 pages
Book Rating : 4.7/5 (897 download)

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Book Synopsis Theory of Games and Economic Behavior by : John Von Neumann

Download or read book Theory of Games and Economic Behavior written by John Von Neumann and published by Diana. This book was released on 2020-01-29 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the classic work upon which modern-day game theory is based. What began as a modest proposal that a mathematician and an economist write a short paper together blossomed, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences.

Economic Games and Strategic Behaviour

Author : Frank Stahler
Publisher : Edward Elgar Publishing
ISBN 13 : 9781122646628
Total Pages : 259 pages
Book Rating : 4.6/5 (466 download)

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Book Synopsis Economic Games and Strategic Behaviour by : Frank Stahler

Download or read book Economic Games and Strategic Behaviour written by Frank Stahler and published by Edward Elgar Publishing. This book was released on 1998 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Markets, Games and Strategic Behavior

Author : Charles A. Holt
Publisher :
ISBN 13 : 9780321491664
Total Pages : 541 pages
Book Rating : 4.4/5 (916 download)

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Book Synopsis Markets, Games and Strategic Behavior by : Charles A. Holt

Download or read book Markets, Games and Strategic Behavior written by Charles A. Holt and published by . This book was released on 2007 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Introduction to Game Theory in Business and Economics

Author : Thomas J. Webster
Publisher : Routledge
ISBN 13 : 1315497239
Total Pages : 426 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Introduction to Game Theory in Business and Economics by : Thomas J. Webster

Download or read book Introduction to Game Theory in Business and Economics written by Thomas J. Webster and published by Routledge. This book was released on 2018-10-24 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory is the study of strategic behavior in situations in which the decision makers are aware of the interdependence of their actions. This innovative textbook introduces students to the most basic principles of game theory - move and countermove - with an emphasis on real-world business and economic applications. Students with a background in principles of economics and business mathematics can readily understand most of the material.Demonstration problems in each chapter are designed to enhance the student's understanding of the concepts presented in the text. Many chapters include non-technical applications designed to further the student's intuitive understanding of strategic behavior. Case studies help underscore the usefulness of game theory for analyzing real-world situations. Each chapter concludes with a review and questions and exercises. An online Instructor's Manual with test bank is available to professors who adopt the text.

Handbook of Experimental Game Theory

Author : C. M. Capra
Publisher : Edward Elgar Publishing
ISBN 13 : 1785363336
Total Pages : 448 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Handbook of Experimental Game Theory by : C. M. Capra

Download or read book Handbook of Experimental Game Theory written by C. M. Capra and published by Edward Elgar Publishing. This book was released on 2020-10-30 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this Handbook is twofold: to educate and to inspire. It is meant for researchers and graduate students who are interested in taking a data-based and behavioral approach to the study of game theory. Educators and students of economics will find the Handbook useful as a companion book to conventional upper-level game theory textbooks, enabling them to compare and contrast actual behavior with theoretical predictions. Researchers and non-specialists will find valuable examples of laboratory and field experiments that test game theoretic propositions and suggest new ways of modeling strategic behavior. Chapters are organized into several sections; each section concludes with an inspirational chapter, offering suggestions on new directions and cutting-edge topics of research in experimental game theory.

Game Theory and Economic Behaviour

Author : Reinhard Selten (Economist, Germany)
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781008294
Total Pages : 924 pages
Book Rating : 4.0/5 (82 download)

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Book Synopsis Game Theory and Economic Behaviour by : Reinhard Selten (Economist, Germany)

Download or read book Game Theory and Economic Behaviour written by Reinhard Selten (Economist, Germany) and published by Edward Elgar Publishing. This book was released on 1999-03-24 with total page 924 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'These two volumes constitute an impressive collection of selected path-breaking works of Professor Selten. . . . Edward Elgar Publications deserve merit for bringing out most frequently-cited and prominent articles of Professor Selten in a conveniently available package.' - K. Ravikumar, Journal of Scientific and Industrial Research In 1994, the Nobel Prize was awarded to Reinhard Selten, John Nash and John Harsanyi, for pioneering analysis in game theory. Selten was the first to refine the Nash equilibrium concept of non-cooperative games for analysing dynamic strategic interaction and to apply these concepts to analyses of oligopoly.

Economic Games and Strategic Behaviour

Author : Frank Stähler
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Games and Strategic Behaviour by : Frank Stähler

Download or read book Economic Games and Strategic Behaviour written by Frank Stähler and published by Edward Elgar Publishing. This book was released on 1998 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work provides model solutions to economic games subject to repeated play. It develops a link between strategic bargaining and the theory of self-enforcing contracts to give insights into the long-term relationships between two parties (firms, governments meeting in negotiating situations).

Theory of Games and Economic Behavior

Author : John von Neumann
Publisher : Princeton University Press
ISBN 13 : 1400829461
Total Pages : 774 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Theory of Games and Economic Behavior by : John von Neumann

Download or read book Theory of Games and Economic Behavior written by John von Neumann and published by Princeton University Press. This book was released on 2007-03-19 with total page 774 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences. This sixtieth anniversary edition includes not only the original text but also an introduction by Harold Kuhn, an afterword by Ariel Rubinstein, and reviews and articles on the book that appeared at the time of its original publication in the New York Times, tthe American Economic Review, and a variety of other publications. Together, these writings provide readers a matchless opportunity to more fully appreciate a work whose influence will yet resound for generations to come.

Theory of Games and Economic Behavior

Author : John Von Neumann
Publisher :
ISBN 13 :
Total Pages : 684 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Theory of Games and Economic Behavior by : John Von Neumann

Download or read book Theory of Games and Economic Behavior written by John Von Neumann and published by . This book was released on 1967 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences.

Game Theory and Economic Modelling

Author : David M. Kreps
Publisher : Oxford University Press
ISBN 13 : 0198283814
Total Pages : 204 pages
Book Rating : 4.1/5 (982 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 Oxford University Press. This book was released on 1990 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises lectures given at Tel Aviv University and Oxford University in 1990.

Repeated Games and Reputations

Author : George J. Mailath
Publisher : Oxford University Press
ISBN 13 : 0198041217
Total Pages : 664 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis Repeated Games and Reputations by : George J. Mailath

Download or read book Repeated Games and Reputations written by George J. Mailath and published by Oxford University Press. This book was released on 2006-09-28 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: Personalized and continuing relationships play a central role in any society. Economists have built upon the theories of repeated games and reputations to make important advances in understanding such relationships. Repeated Games and Reputations begins with a careful development of the fundamental concepts in these theories, including the notions of a repeated game, strategy, and equilibrium. Mailath and Samuelson then present the classic folk theorem and reputation results for games of perfect and imperfect public monitoring, with the benefit of the modern analytical tools of decomposability and self-generation. They also present more recent developments, including results beyond folk theorems and recent work in games of private monitoring and alternative approaches to reputations. Repeated Games and Reputations synthesizes and unifies the vast body of work in this area, bringing the reader to the research frontier. Detailed arguments and proofs are given throughout, interwoven with examples, discussions of how the theory is to be used in the study of relationships, and economic applications. The book will be useful to those doing basic research in the theory of repeated games and reputations as well as those using these tools in more applied research.