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Essay In Cooperative Games
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Book Synopsis Essay in Cooperative Games by : Gianfranco Gambarelli
Download or read book Essay in Cooperative Games written by Gianfranco Gambarelli and published by Springer Science & Business Media. This book was released on 2013-06-05 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays on Cooperative Games collates selected contributions on Cooperative Games. The papers cover both theoretical aspects (Coalition Formation, Values, Simple Games and Dynamic Games) and applied aspects (in Finance, Production, Transportation and Market Games). A contribution on Minimax Theorem (by Ken Binmore) and a brief history of early Game Theory (by Gianfranco Gambarelli and Guillermo Owen) are also enclosed.
Book Synopsis Essays on Cooperative Games by : Toshiaki Suematsu
Download or read book Essays on Cooperative Games written by Toshiaki Suematsu and published by . This book was released on 1989 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on Game Theory by : The late John F. Nash
Download or read book Essays on Game Theory written by The late John F. Nash and published by Edward Elgar Publishing. This book was released on 1996-01-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This short volume is very welcome . . . Most importantly, on pages 32-33, the volume reprints as an appendix to the journal article based on Nash's Princeton doctoral dissertation on non-cooperative games a section of the thesis on "motivation and interpretation" that was omitted from the article. An editorial note remarks mildly that "The missing section is of considerable interest". This section, not available in any other published source, makes the present volume indispensable for research libraries . . . Nash's Essays on Game Theory, dating from his years as a Princeton graduate student . . . has a lasting impact on economics and related fields unmatched by any series of articles written in such a brief time . . . To economists, his name will always bring to mind his game theory papers of the early 1950s. It is good to have these conveniently reprinted in this volume.' - Robert W. Dimand, The Economic Journal 'The news that John Nash was to share the 1994 Nobel Prize for Economics with John Harsanyi and Reinhard Selten was doubly welcome. It signalled not only that the brilliant achievements of his youth were to be recognized in a manner consistent with their significance, but that the long illness that clouded his later years had fallen into remission. I hope that this collection of his economic papers will serve as another reminder that John Nash has rejoined the intellectual community to which he has contributed so much.' - From the introduction by Ken Binmore Essays on Game Theory is a unique collection of seven of John Nash's essays which highlight his pioneering contribution to game theory in economics. Featuring a comprehensive introduction by Ken Binmore which explains and summarizes John Nash's achievements in the field of non-cooperative and cooperative game theory, this book will be an indispensable reference for scholars and will be welcomed by those with an interest in game theory and its applications to the social sciences.
Book Synopsis Essays in Non-cooperative Game Theory by : Elchanan Ben-Porath
Download or read book Essays in Non-cooperative Game Theory written by Elchanan Ben-Porath and published by . This book was released on 1989 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays in Cooperative Game Theory and Public Finance by : Akram Temimi
Download or read book Essays in Cooperative Game Theory and Public Finance written by Akram Temimi and published by . This book was released on 1996 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation is divided into three essays. The first essay focuses on the question of enfranchisement of groups of individuals. Existing research work in the area has not adequately addressed this question. Indeed, previous analyses have focused on the value of a vote for a single individual. We considered a totally different approach whereby the central players are groups of individuals rather than single individuals. Within this framework, we have provided an answer to the question as to why groups of individuals struggle to gain the right to vote. We also provided an explanation of why the group in power may voluntarily extend the franchise to groups which have conflicting preferences. The second essay introduces the concept of coalition structure value to differential information economies. This extends the work of Krasa and Yannelis (1994) who introduced the concept of private value allocation to measure the information superiority of agents in an economy with differential information. The coalition structure value allows us to analyze the implications of coalition structures on the value of information. Contrary to our expectations, we found that the bargaining strength of an agent with superior information does not decrease if the rest of the agents collude and bargain as a unit with him. This is in sharp contrast to the one seller and two buyers example in full information economies where the buyers are better off if they bargain as a unit with the seller. The third paper generalizes the crowding types model introduced by Conley and Wooders (1994a) by allowing variable usage of local public goods within jurisdictions. We investigate the possibility of anonymous decentralizations of core allocations. It turns out that it is possible to decentralize core allocations with anonymous admission prices. However these prices are infinite dimensional. This leads us to investigate Lindahl decentralization. While it is possible to get nonanonymous Lindahl decentralization, the core is generally larger than the set of anonymous Lindahl equilibria.
Book Synopsis Essays in Cooperative Game Theory, with Applications to Hold-up in Co-ownership, Bargaining, and Multi-person Utility by : Manel Baucells Alibés
Download or read book Essays in Cooperative Game Theory, with Applications to Hold-up in Co-ownership, Bargaining, and Multi-person Utility written by Manel Baucells Alibés and published by . This book was released on 1999 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book PhD series written by Trine Tornøe Platz and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on Cooperative Games: Characterizations of Solutions and Design of Matching Rules by : 近鄉匠
Download or read book Essays on Cooperative Games: Characterizations of Solutions and Design of Matching Rules written by 近鄉匠 and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on Solution Concepts for Cooperative Games with Transferable Utility by : Frank Hüttner
Download or read book Essays on Solution Concepts for Cooperative Games with Transferable Utility written by Frank Hüttner and published by . This book was released on 2012 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays in Cooperative Game Theory by : Trine Tornøe Platz
Download or read book Essays in Cooperative Game Theory written by Trine Tornøe Platz and published by . This book was released on 2012 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays in Game Theory by : Nimrod Megiddo
Download or read book Essays in Game Theory written by Nimrod Megiddo and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a collection of papers on game theory dedicated to Michael Maschler. Through his dedication and contributions to game theory, Maschler has become an important figure particularly in the area of cooperative games. Game theory has since become an important subject in operations research, economics and management science. As befits such a volume, the main themes covered are cooperative games, coalitions, repeated games, and a cost allocation games. All the contributions are authoritative surveys of a particular topic, so together they will present an invaluable overview of the field to all those working on game theory problems.
Book Synopsis Essays on Cooperation and Coordination by : Julian Romero
Download or read book Essays on Cooperation and Coordination written by Julian Romero and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This thesis examines questions related to game theory, and in particular cooperation and coordination among economic agents. In the first chapter (joint with Noah Myung) we propose a decision making process meant to mimic human behavior. This process is implemented with computational agents. We use these computational agents to run simulations of two coordination games, the minimum-effort coordination game and the Battle of the Sexes game. We find that the computational agents exhibit behavior similar to human subjects from previous experimental work. We then use the computational testbed to develop experimental hypotheses, which are then confirmed in the laboratory using human subjects. In particular, we show that higher cost may actually lead to higher average payoffs in the minimum-effort coordination game. The second chapter examines a model of infinitely repeated games in which agents are boundedly rational. I show that the number of equilibrium outcomes is smaller when agents are boundedly rational. Importantly, cooperative outcomes are still possible in equilibrium, even when players cannot use sophisticated strategies and are not able to perfectly monitor their opponents. The strategy that leads to cooperation is called "Win-Stay, Lose-Shift". Using this strategy, I show that cooperation is possible in equilibrium for a large class of 2x2 games. I also give necessary and sufficient conditions on equilibrium structure for Nx2 games. These conditions suggest that in equilibrium, players must be able to cooperate without getting caught in long periods of conflict. The final chapter focuses on a class of minimum-effort coordination games. I show that the symmetric quantal response equilibrium correspondence takes the shape of an s-shaped curve as long as players are sufficiently rational. Under certain assumptions, this s-shaped correspondence leads to hysteresis. Based on these theoretical results, I develop experiments with the minimum-effort coordination game, and test the hysteresis hypothesis in the laboratory. I find evidence that this hysteresis does occur when human subjects play the minimum-effort coordination game in the lab."
Book Synopsis Essays on Cooperation in Games by : Sangwon Park
Download or read book Essays on Cooperation in Games written by Sangwon Park and published by . This book was released on 2004 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rational Interaction by : Reinhard Selten
Download or read book Rational Interaction written by Reinhard Selten and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unifying theme of the 23 contributions to this book is the social interaction of rational individuals. The work of John C. Harsanyi on game theory, social choice, and the philosophy of science finds an echo in these essays. Contributions by well known game theorists and economists present a great variety of stimulating theoretical investigations. Part I contains six papers on non-cooperative game theory written by Maschler, Owen, Myerson, Peleg, Rosenmüller, Hart and Mas-Collel. Part II with three contributions by Kalei, Samet, van Damme, d'Aspremont, and Gérard-Varet is devoted to the use of non-cooperative game theory in the analysis of problems of mechanism design. Basic questions of non-cooperative game theory are discussed in three essays by Güth, Hardin, and Sugden in Part III. Applied game models are discussed in three papers by Friedman, Selten, and Shubik in Part IV. Problems of social choice are investigated in Part V which deals with utilitarianism and related topics in five contributions by Hammond, Binmore, Arrow, Roemer, and Broome. Finally, Part VI contains three papers: an interdisciplinary comparison of physics and economics by Samuelson, a methodological essay by Brock, and an appraisal of the work of John C. Harsanyi.
Book Synopsis Essays on Cooperation and Coordination by : Julian Romero
Download or read book Essays on Cooperation and Coordination written by Julian Romero and published by . This book was released on 2010 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This thesis examines questions related to game theory, and in particular cooperation and coordination among economic agents. In the first chapter (joint with Noah Myung) we propose a decision making process meant to mimic human behavior. This process is implemented with computational agents. We use these computational agents to run simulations of two coordination games, the minimum-effort coordination game and the Battle of the Sexes game. We find that the computational agents exhibit behavior similar to human subjects from previous experimental work. We then use the computational testbed to develop experimental hypotheses, which are then confirmed in the laboratory using human subjects. In particular, we show that higher cost may actually lead to higher average payoffs in the minimum-effort coordination game. The second chapter examines a model of infinitely repeated games in which agents are boundedly rational. I show that the number of equilibrium outcomes is smaller when agents are boundedly rational. Importantly, cooperative outcomes are still possible in equilibrium, even when players cannot use sophisticated strategies and are not able to perfectly monitor their opponents. The strategy that leads to cooperation is called "Win-Stay, Lose-Shift". Using this strategy, I show that cooperation is possible in equilibrium for a large class of 2x2 games. I also give necessary and sufficient conditions on equilibrium structure for Nx2 games. These conditions suggest that in equilibrium, players must be able to cooperate without getting caught in long periods of conflict. The final chapter focuses on a class of minimum-effort coordination games. I show that the symmetric quantal response equilibrium correspondence takes the shape of an s-shaped curve as long as players are sufficiently rational. Under certain assumptions, this s-shaped correspondence leads to hysteresis. Based on these theoretical results, I develop experiments with the minimum-effort coordination game, and test the hysteresis hypothesis in the laboratory. I find evidence that this hysteresis does occur when human subjects play the minimum-effort coordination game in the lab. "
Book Synopsis Introduction to the Theory of Cooperative Games by : Bezalel Peleg
Download or read book Introduction to the Theory of Cooperative Games written by Bezalel Peleg and published by Springer Science & Business Media. This book was released on 2007-08-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book systematically presents the main solutions of cooperative games: the core, bargaining set, kernel, nucleolus, and the Shapley value of TU games as well as the core, the Shapley value, and the ordinal bargaining set of NTU games. The authors devote a separate chapter to each solution, wherein they study its properties in full detail. In addition, important variants are defined or even intensively analyzed.
Book Synopsis Cooperative Game Theory and Applications by : Imma Curiel
Download or read book Cooperative Game Theory and Applications written by Imma Curiel and published by Springer Science & Business Media. This book was released on 1997-03-31 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book applications of cooperative game theory that arise from combinatorial optimization problems are described. It is well known that the mathematical modeling of various real-world decision-making situations gives rise to combinatorial optimization problems. For situations where more than one decision-maker is involved classical combinatorial optimization theory does not suffice and it is here that cooperative game theory can make an important contribution. If a group of decision-makers decide to undertake a project together in order to increase the total revenue or decrease the total costs, they face two problems. The first one is how to execute the project in an optimal way so as to increase revenue. The second one is how to divide the revenue attained among the participants. It is with this second problem that cooperative game theory can help. The solution concepts from cooperative game theory can be applied to arrive at revenue allocation schemes. In this book the type of problems described above are examined. Although the choice of topics is application-driven, it also discusses theoretical questions that arise from the situations that are studied. For all the games described attention will be paid to the appropriateness of several game-theoretic solution concepts in the particular contexts that are considered. The computation complexity of the game-theoretic solution concepts in the situation at hand will also be considered.
