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Formation Of Coalition Structures As A Non Cooperative Game
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Book Synopsis Formation of Coalition Structures as a Non-Cooperative Game by : Dmitry Levando
Download or read book Formation of Coalition Structures as a Non-Cooperative Game written by Dmitry Levando and published by . This book was released on 2017 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally social sciences are interested in structuring people in multiple groups based on their individual preferences. This paper suggests an approach to this problem in the framework of a noncooperative game theory.Definition of a suggested finite game includes a family of nested simultaneous non-cooperative finite games with intra- and inter-coalition externalities. In this family, games differ by the size of maximum coalition, partitions and by coalition structure formation rules. A result of every game consists of partition of players into coalitions and a payoff profile for every player. Every game in the family has an equilibrium in mixed strategies with possibly more than one coalition. The results of the game differ from those conventionally discussed in cooperative game theory, e.g. the Shapley value, strong Nash, coalition-proof equilibrium, core, kernel, nucleolus. We discuss the following applications of the new game: cooperation as an allocation in one coalition, Bayesian games, stochastic games and construction of a non-cooperative criterion of coalition structure stability for studying focal points.
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.
Book Synopsis The Endogenous Formation of Economic Coalitions by : Carlo Carraro
Download or read book The Endogenous Formation of Economic Coalitions written by Carlo Carraro and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some of the specific topics addressed include: advances in the theory of large co-operative games; non co-operative models of coalition formation; a survey of the partition function in the formation of coalitions; far-sightedness in coalition formation; coalition stability; coalition formation in industrialized economics, trade theory, environmental economics and public finance.
Book Synopsis Computational Aspects of Cooperative Game Theory by : Georgios Chalkiadakis
Download or read book Computational Aspects of Cooperative Game Theory written by Georgios Chalkiadakis and published by Morgan & Claypool Publishers. This book was released on 2012 with total page 171 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.
Author :Motty Perry Publisher :London : Department of Economics, University of Western Ontario ISBN 13 : Total Pages :40 pages Book Rating :4.:/5 (318 download)
Book Synopsis A Non-cooperative View of Coalition Formation and the Core by : Motty Perry
Download or read book A Non-cooperative View of Coalition Formation and the Core written by Motty Perry and published by London : Department of Economics, University of Western Ontario. This book was released on 1992 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Non-Cooperative Team Formation and a Team Formation Mechanism by : Matthew Chambers
Download or read book Non-Cooperative Team Formation and a Team Formation Mechanism written by Matthew Chambers and published by . This book was released on 2017 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: We model decentralized team formation as a game in which players make offers to potential teams whose members then either accept or reject the offers. The games induce no-delay subgame perfect equilibria with unique outcomes that are individually rational and match soulmates. We provide sufficient conditions for equilibria to implement core coalition structures, and show that when each player can make a sufficiently large number of proposals, outcomes are Pareto optimal. We then design a mechanism to implement equilibrium of this game and provide sufficient conditions to ensure that truthful reporting of preferences is a strong ex post Nash equilibrium. Moreover, we show empirically that players rarely have an incentive to misreport preferences more generally. Furthermore, for the problem with cardinal preferences, we show empirically that the resulting mechanism results in significantly higher social welfare than serial dictatorship, and the outcomes are highly equitable.
Book Synopsis Coalition Formation and Social Choice by : Ad M.A. Van Deemen
Download or read book Coalition Formation and Social Choice written by Ad M.A. Van Deemen and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Coalition Formation and Social Choice provides a unified and comprehensive study of coalition formation and collective decision-making in committees. It discusses the main existing theories including the size principle, conflict of interest theory, dominant player theory, policy distance theory and power excess theory. In addition, the book offers new theories of coalition formation in which the endogenous formation of preferences for coalitions is basic. Both simple game theory and social choice theory are extensively applied in the treatment of the theories. This combined application not only leads to new theories but also offers a new and fresh perspective on coalition formation and collective decision-making in committees. The book covers the fundamental concepts and results of social choice theory including Arrow's Impossibility Theorem. Furthermore, it gives a coherent treatment of the theory of simple games. Besides more traditional topics in simple game theory like power indices, it also introduces new aspects of simple games such as the Chow parameter, the Chow vector and the notion of similar games.
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 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 2013-03-14 with total page 198 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.
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 2007-11-01 with total page 321 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.
Book Synopsis Social and Economic Networks in Cooperative Game Theory by : Marco Slikker
Download or read book Social and Economic Networks in Cooperative Game Theory written by Marco Slikker and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social and Economic Networks in Cooperative Game Theory presents a coherent overview of theoretical literature that studies the influence and formation of networks in social and economic situations in which the relations between participants who are not included in a particular participant's network are not of consequence to this participant. The material is organized in two parts. In Part I the authors concentrate on the question how network structures affect economic outcomes. Part II of the book presents the formation of networks by agents who engage in a network-formation process to be able to realize the possible gains from cooperation.
Book Synopsis Game Theory and Fisheries Management by : Lone Grønbæk
Download or read book Game Theory and Fisheries Management written by Lone Grønbæk and published by Springer Nature. This book was released on 2020-02-18 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to present in a systematic manner the application of game theory to fisheries management at both international and national levels. Strategic interaction among fishers and nations exploiting fishery resources is an inescapable fact of life. This has long been recognized at the international level, and is becoming increasingly recognized at the national/regional level. It follows, therefore, that, in order to be able to analyse effectively the management of these resources, the theory of strategic interaction ̶ game theory ̶ must be brought to bear. In this book the step-by-step development of the game theory is accompanied by numerous applications to the real world of fisheries management policy. As such, it is designed to appeal to policy makers and stakeholders, as well as to graduate students in Economics.
Book Synopsis Cooperative Games Without Coalition Structures I by : Elaine Bennett
Download or read book Cooperative Games Without Coalition Structures I written by Elaine Bennett and published by . This book was released on 1980 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Endogenous Formation of Coalitions in Non-cooperative Games by : José Luis Ferreira
Download or read book Endogenous Formation of Coalitions in Non-cooperative Games written by José Luis Ferreira and published by . This book was released on 1994 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Review of Game Theoretic and Social Psychological Models of Coalition Formation by : John Keith Murnighan
Download or read book A Review of Game Theoretic and Social Psychological Models of Coalition Formation written by John Keith Murnighan and published by . This book was released on 1977 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Game Theoretic Models of Coalition Formation and Power in Legislatures by : Andrew John Sterge
Download or read book Game Theoretic Models of Coalition Formation and Power in Legislatures written by Andrew John Sterge and published by . This book was released on 1985 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays in Mathematical Economics, in Honor of Oskar Morgenstern by : Martin Shubik
Download or read book Essays in Mathematical Economics, in Honor of Oskar Morgenstern written by Martin Shubik and published by Princeton University Press. This book was released on 2015-12-08 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor Morgenstern's deep interests in economic time series and problems of measurement are represented by path-breaking articles devoted to the application of modern statistical analysis to temporal economic data. Originally published in 1967. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
