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Game Theoretic Problems In Network Economics And Mechanism Design Solutions
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Book Synopsis Game Theoretic Problems in Network Economics and Mechanism Design Solutions by : Y. Narahari
Download or read book Game Theoretic Problems in Network Economics and Mechanism Design Solutions written by Y. Narahari and published by Springer Science & Business Media. This book was released on 2009-04-03 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph focuses on exploring game theoretic modeling and mechanism design for problem solving in Internet and network economics. For the first time, the main theoretical issues and applications of mechanism design are bound together in a single text.
Book Synopsis Game Theory And Mechanism Design by : Y Narahari
Download or read book Game Theory And Mechanism Design written by Y Narahari and published by World Scientific. This book was released on 2014-03-13 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a self-sufficient treatment of a key tool, game theory and mechanism design, to model, analyze, and solve centralized as well as decentralized design problems involving multiple autonomous agents that interact strategically in a rational and intelligent way. The contents of the book provide a sound foundation of game theory and mechanism design theory which clearly represent the “science” behind traditional as well as emerging economic applications for the society.The importance of the discipline of game theory has been recognized through numerous Nobel prizes in economic sciences being awarded to game theorists, including the 2005, 2007, and 2012 prizes. The book distills the marvelous contributions of these and other celebrated game theorists and presents it in a way that can be easily understood even by senior undergraduate students.A unique feature of the book is its detailed coverage of mechanism design which is the art of designing a game among strategic agents so that a social goal is realized in an equilibrium of the induced game. Another feature is a large number of illustrative examples that are representative of both classical and modern applications of game theory and mechanism design. The book also includes informative biographical sketches of game theory legends, and is specially customized to a general engineering audience.After a thorough reading of this book, readers would be able to apply game theory and mechanism design in a principled and mature way to solve relevant problems in computer science (esp, artificial intelligence/machine learning), computer engineering, operations research, industrial engineering and microeconomics.
Book Synopsis Game Theory Applications in Network Design by : Kim, Sungwook
Download or read book Game Theory Applications in Network Design written by Kim, Sungwook and published by IGI Global. This book was released on 2014-05-31 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of game theoretic techniques is playing an increasingly important role in the network design domain. Understanding the background, concepts, and principles in using game theory approaches is necessary for engineers in network design. Game Theory Applications in Network Design provides the basic idea of game theory and the fundamental understanding of game theoretic interactions among network entities. The material in this book also covers recent advances and open issues, offering game theoretic solutions for specific network design issues. This publication will benefit students, educators, research strategists, scientists, researchers, and engineers in the field of network design.
Book Synopsis Strategies and Games, second edition by : Prajit K. Dutta
Download or read book Strategies and Games, second edition written by Prajit K. Dutta and published by MIT Press. This book was released on 2022-08-09 with total page 713 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new edition of a widely used introduction to game theory and its applications, with a focus on economics, business, and politics. This widely used introduction to game theory is rigorous but accessible, unique in its balance between the theoretical and the practical, with examples and applications following almost every theory-driven chapter. In recent years, game theory has become an important methodological tool for all fields of social sciences, biology and computer science. This second edition of Strategies and Games not only takes into account new game theoretical concepts and applications such as bargaining and matching, it also provides an array of chapters on game theory applied to the political arena. New examples, case studies, and applications relevant to a wide range of behavioral disciplines are now included. The authors map out alternate pathways through the book for instructors in economics, business, and political science. The book contains four parts: strategic form games, extensive form games, asymmetric information games, and cooperative games and matching. Theoretical topics include dominance solutions, Nash equilibrium, Condorcet paradox, backward induction, subgame perfection, repeated and dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, signaling, the Shapley value, and stable matchings. Applications and case studies include OPEC, voting, poison pills, Treasury auctions, trade agreements, pork-barrel spending, climate change, bargaining and audience costs, markets for lemons, and school choice. Each chapter includes concept checks and tallies end-of-chapter problems. An appendix offers a thorough discussion of single-agent decision theory, which underpins game theory.
Download or read book Network Games written by Ishai Menache and published by Morgan & Claypool Publishers. This book was released on 2011 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional network optimization focuses on a single control objective in a network populated by obedient users and limited dispersion of information. However, most of today's networks are large-scale with lack of access to centralized information, consist of users with diverse requirements, and are subject to dynamic changes. These factors naturally motivate a new distributed control paradigm, where the network infrastructure is kept simple and the network control functions are delegated to individual agents which make their decisions independently ("selfishly"). The interaction of multiple independent decision-makers necessitates the use of game theory, including economic notions related to markets and incentives. This monograph studies game theoretic models of resource allocation among selfish agents in networks. The first part of the monograph introduces fundamental game theoretic topics. Emphasis is given to the analysis of dynamics in game theoretic situations, which is crucial for design and control of networked systems. The second part of the monograph applies the game theoretic tools for the analysis of resource allocation in communication networks. We set up a general model of routing in wireline networks, emphasizing the congestion problems caused by delay and packet loss. In particular, we develop a systematic approach to characterizing the inefficiencies of network equilibria, and highlight the effect of autonomous service providers on network performance. We then turn to examining distributed power control in wireless networks. We show that the resulting Nash equilibria can be efficient if the degree of freedom given to end-users is properly designed. Table of Contents: Static Games and Solution Concepts / Game Theory Dynamics / Wireline Network Games / Wireless Network Games / Future Perspectives
Book Synopsis Game Theory and Networks by : Surajit Borkotokey
Download or read book Game Theory and Networks written by Surajit Borkotokey and published by Springer Nature. This book was released on 2022-01-01 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of selected papers presented at the consecutively held international conferences on “Game Theory and Networks”, organized by the Department of Mathematics, Dibrugarh University, India, in collaboration with the Economics Department of Queen’s University, Belfast, UK, during September 6–9, 2019 and September, 13–15 2018. The book includes chapters on network measures and network formation, application of network theory to contagion, biological data and finance and macroeconomics as expository articles. The book also contains chapters on fair allocation in the context of queuing, rationing and cooperative games with transferable utilities for engaged researchers. A few survey chapters on non-cooperative game theory, evolutionary game theory, mechanism design and social choice theory are also incorporated to cater to the needs of the beginners in the field. This book discusses the use of game theoretic tools and network models across disciplines: mathematics, statistics, economics, computer science, political science, sociology and psychology. It aims at providing a suitable learning experience to beginners on the basics of cooperative games, networks and mechanism design, as well as recent developments to research scholars having the basic knowledge of these topics.
Download or read book Network Games written by Asu Ozdaglar and published by Springer Nature. This book was released on 2022-05-31 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional network optimization focuses on a single control objective in a network populated by obedient users and limited dispersion of information. However, most of today's networks are large-scale with lack of access to centralized information, consist of users with diverse requirements, and are subject to dynamic changes. These factors naturally motivate a new distributed control paradigm, where the network infrastructure is kept simple and the network control functions are delegated to individual agents which make their decisions independently ("selfishly"). The interaction of multiple independent decision-makers necessitates the use of game theory, including economic notions related to markets and incentives. This monograph studies game theoretic models of resource allocation among selfish agents in networks. The first part of the monograph introduces fundamental game theoretic topics. Emphasis is given to the analysis of dynamics in game theoretic situations, which is crucial for design and control of networked systems. The second part of the monograph applies the game theoretic tools for the analysis of resource allocation in communication networks. We set up a general model of routing in wireline networks, emphasizing the congestion problems caused by delay and packet loss. In particular, we develop a systematic approach to characterizing the inefficiencies of network equilibria, and highlight the effect of autonomous service providers on network performance. We then turn to examining distributed power control in wireless networks. We show that the resulting Nash equilibria can be efficient if the degree of freedom given to end-users is properly designed. Table of Contents: Static Games and Solution Concepts / Game Theory Dynamics / Wireline Network Games / Wireless Network Games / Future Perspectives
Book Synopsis An Introduction to the Theory of Mechanism Design by : Tilman Borgers
Download or read book An Introduction to the Theory of Mechanism Design written by Tilman Borgers and published by Oxford University Press. This book was released on 2015-05-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the best way to auction an asset? How should a group of people organize themselves to ensure the best provision of public goods? How should exchanges be organized? In An Introduction to the Theory of Mechanism Design, Tilman Börgers addresses these questions and more through an exploration of the economic theory of mechanism design. Mechanism design is reverse game theory. Whereas game theory takes the rules of the game as a given and makes predictions about the behavior of strategic players, the theory of mechanism design goes a step further and selects the optimal rules of the game. A relatively new economic theory, mechanism design studies the instrument itself as well as the results of the instrument. An Introduction to the Theory of Mechanism Design provides rigorous but accessible explanations of classic results in the theory of mechanism design, such as Myerson's theorem on expected revenue maximizing auctions, Myerson and Satterthwaite's theorem on the impossibility of ex post efficient bilateral trade with asymmetric information, and Gibbard and Satterthwaite's theorem on the non-existence of dominant strategy voting mechanisms. Börgers also provides an examination of the frontiers of current research in the area with an original and unified perspective that will appeal to advanced students of economics.
Book Synopsis Twenty Lectures on Algorithmic Game Theory by : Tim Roughgarden
Download or read book Twenty Lectures on Algorithmic Game Theory written by Tim Roughgarden and published by Cambridge University Press. This book was released on 2016-08-30 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computer science and economics have engaged in a lively interaction over the past fifteen years, resulting in the new field of algorithmic game theory. Many problems that are central to modern computer science, ranging from resource allocation in large networks to online advertising, involve interactions between multiple self-interested parties. Economics and game theory offer a host of useful models and definitions to reason about such problems. The flow of ideas also travels in the other direction, and concepts from computer science are increasingly important in economics. This book grew out of the author's Stanford University course on algorithmic game theory, and aims to give students and other newcomers a quick and accessible introduction to many of the most important concepts in the field. The book also includes case studies on online advertising, wireless spectrum auctions, kidney exchange, and network management.
Book Synopsis Internet Economics: Models, Mechanisms and Management by : Hans W. Gottinger
Download or read book Internet Economics: Models, Mechanisms and Management written by Hans W. Gottinger and published by Bentham Science Publishers. This book was released on 2017-08-28 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The internet represents a rapidly evolving set of technologies which is central to the development of a modern economy. Internet Economics: Models, Mechanisms and Management integrates knowledge about internet service design with economic modelling principles (pricing, cost and service models). Chapters highlight specific applications of the internet such as service provisioning, cloud computing, commerce, business security, network externalities, social media and more recent developments such as the Internet of Things (IoT), the industrial internet, data analytics and the use of big data to bring value to commercial ventures. Therefore, readers will have a conceptual and practical framework for understanding the economics of internet infrastructure and service delivery.
Book Synopsis Game Theoretic Approaches for Spectrum Redistribution by : Fan Wu
Download or read book Game Theoretic Approaches for Spectrum Redistribution written by Fan Wu and published by Springer Science & Business Media. This book was released on 2014-02-15 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: This brief examines issues of spectrum allocation for the limited resources of radio spectrum. It uses a game-theoretic perspective, in which the nodes in the wireless network are rational and always pursue their own objectives. It provides a systematic study of the approaches that can guarantee the system’s convergence at an equilibrium state, in which the system performance is optimal or sub-optimal. The author provides a short tutorial on game theory, explains game-theoretic channel allocation in clique and in multi-hop wireless networks and explores challenges in designing game-theoretic mechanisms for dynamic channel redistribution. Since designing a completely secure mechanism is extremely expensive or impossible in most of distributed autonomous systems, it is more beneficial to study misbehavior of the nodes and develop light-weighted game-theoretic channel allocation mechanisms. With a mix of theoretical and hands-on information, the brief traces the concepts of game theory, the current state of spectrum allocation in wireless networks and future competition for resources. Thorough yet accessible, the content is ideal for researchers and practitioners working on spectrum redistribution. It is also a helpful resource for researchers and advanced-level students interested in game theory and wireless communications.
Download or read book Game Theory written by Steven Tadelis and published by Princeton University Press. This book was released on 2013-01-10 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive introduction to game theory This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory, this one begins with the idea of rationality and explores its implications for multiperson decision problems through concepts like dominated strategies and rationalizability. Only then does it present the subject of Nash equilibrium and its derivatives. Game Theory is the ideal textbook for advanced undergraduate and beginning graduate students. Throughout, concepts and methods are explained using real-world examples backed by precise analytic material. The book features many important applications to economics and political science, as well as numerous exercises that focus on how to formalize informal situations and then analyze them. Introduces the core ideas and applications of game theory Covers static and dynamic games, with complete and incomplete information Features a variety of examples, applications, and exercises Topics include repeated games, bargaining, auctions, signaling, reputation, and information transmission Ideal for advanced undergraduate and beginning graduate students Complete solutions available to teachers and selected solutions available to students
Book Synopsis Handbook on Securing Cyber-Physical Critical Infrastructure by : Sajal K Das
Download or read book Handbook on Securing Cyber-Physical Critical Infrastructure written by Sajal K Das and published by Elsevier. This book was released on 2012-01-31 with total page 849 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction: Securing Cyber-Physical Infrastructures--An Overview Part 1: Theoretical Foundations of Security Chapter 1: Security and Vulnerability of Cyber-Physical Infrastructure Networks: A Control-Theoretic Approach Chapter 2: Game Theory for Infrastructure Security -- The Power of Intent-Based Adversary Models Chapter 3: An Analytical Framework for Cyber-Physical Networks Chapter 4: Evolution of Widely Spreading Worms and Countermeasures : Epidemic Theory and Application Part 2: Security for Wireless Mobile Networks Chapter 5: Mobile Wireless Network Security Chapter 6: Robust Wireless Infrastructure against Jamming Attacks Chapter 7: Security for Mobile Ad Hoc Networks Chapter 8: Defending against Identity-Based Attacks in Wireless Networks Part 3: Security for Sensor Networks Chapter 9: Efficient and Distributed Access Control for Sensor Networks Chapter 10: Defending against Physical Attacks in Wireless Sensor Networks Chapter 11: Node Compromise Detection in Wireless Sensor N ...
Book Synopsis Mechanisms and Games for Dynamic Spectrum Allocation by : Tansu Alpcan
Download or read book Mechanisms and Games for Dynamic Spectrum Allocation written by Tansu Alpcan and published by Cambridge University Press. This book was released on 2014 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative and comprehensive book presenting state-of-the-art research into wireless spectrum allocation based on game theory and mechanism design.
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 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 Auction Based Resource Provisioning in Cloud Computing by : Gaurav Baranwal
Download or read book Auction Based Resource Provisioning in Cloud Computing written by Gaurav Baranwal and published by Springer. This book was released on 2018-06-28 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book, while introducing readers to the auction mechanism for resource provisioning in cloud computing, also endeavors to provide structured literature on the subject. Since various models have been proposed, it will help readers to formulate the cloud resource provisioning problem using the auction approach. The book also discusses challenges for resource provisioning in detail, helping to shape future research. The target audience for this book includes computer scientists, economists, industry professionals, research scholars, and postgraduate students. Computer science readers of this book will come to see that economics-based method are quite helpful in computer science, especially for resource provisioning. Readers with a cloud computing background will come to recognize the importance of dynamic pricing, the specific benefits of auctions, and how to formulate auctions for cloud computing. Lastly, readers from the economics community will come to understand their role in cloud computing, as well as where and how they can contribute.
Book Synopsis Mechanism Design for Sustainability by : Zongwei Luo
Download or read book Mechanism Design for Sustainability written by Zongwei Luo and published by Springer Science & Business Media. This book was released on 2013-03-12 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides advanced analytics and decision management techniques and tools for developing sustainable competitive advantages in the studied target context. In order to achieve sustainable economy, “the capacity to endure,” it is essential to understand and study the mechanisms for interactions and impact from and among these perspectives.
