Game Theory And Externalities

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Partition Function Form Games

Author : László Á. Kóczy
Publisher : Springer
ISBN 13 : 3319698419
Total Pages : 320 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Partition Function Form Games by : László Á. Kóczy

Download or read book Partition Function Form Games written by László Á. Kóczy and published by Springer. This book was released on 2018-04-13 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a systematic overview on partition function form games: a game form in cooperative game theory to integrate externalities for various applications. Cooperative game theory has been immensely useful to study a wide range of issues, but the standard approaches ignore the side effects of cooperation. Recently interest shifted to problems where externalities play the main roles such as models of cooperation in market competition or the shared use of public resources. Such problems require richer models that can explicitly evaluate the side-effects of cooperation. In partition function form games the value of cooperation depends on the outsiders' actions. A recent surge of interest driven by applications has made results very fragmented. This book offers an accessible, yet comprehensive and systematic study of properties, solutions and applications of partition function games surveying both theoretical results and their applications. It assembles a survey of existing research and smaller original results as well as original interpretations and comparisons. The book is self-contained and accessible for readers with little or no knowledge of cooperative game theory.

Game Theory and Externalities

Author : Malek Djaroueh
Publisher :
ISBN 13 :
Total Pages : 75 pages
Book Rating : 4.:/5 (716 download)

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Book Synopsis Game Theory and Externalities by : Malek Djaroueh

Download or read book Game Theory and Externalities written by Malek Djaroueh and published by . This book was released on 1989 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of Externalities, Public Goods, and Club Goods

Author : Richard Cornes
Publisher : Cambridge University Press
ISBN 13 : 9780521477185
Total Pages : 620 pages
Book Rating : 4.4/5 (771 download)

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Book Synopsis The Theory of Externalities, Public Goods, and Club Goods by : Richard Cornes

Download or read book The Theory of Externalities, Public Goods, and Club Goods written by Richard Cornes and published by Cambridge University Press. This book was released on 1996-06-28 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an updated and expanded discussion of theoretical treatment of externalities (i.e. uncompensated interdependencies), public goods, and club goods.

The Theory of Externalities and Public Goods

Author : Wolfgang Buchholz
Publisher : Springer
ISBN 13 : 3319494422
Total Pages : 325 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis The Theory of Externalities and Public Goods by : Wolfgang Buchholz

Download or read book The Theory of Externalities and Public Goods written by Wolfgang Buchholz and published by Springer. This book was released on 2017-03-20 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This state-of-the art collection of papers analyses various aspects of the theory of externalities and public goods. The contributions employ new analytical techniques like the aggregative game approach, and discuss the philosophical underpinnings of the theory. Furthermore, they highlight a range of topical empirical applications including climate policy and counterterrorism. This contributed volume was written in memory of Richard C. Cornes, a pioneer in the theory of externalities and public goods.

Cooperation and Externalities in Algorithmic Game Theory"

Author :
Publisher :
ISBN 13 : 9789462592117
Total Pages : pages
Book Rating : 4.5/5 (921 download)

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Book Synopsis Cooperation and Externalities in Algorithmic Game Theory" by :

Download or read book Cooperation and Externalities in Algorithmic Game Theory" written by and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Game Theory and Public Policy, SECOND EDITION

Author : Roger A. McCain
Publisher : Edward Elgar Publishing
ISBN 13 : 1784710903
Total Pages : 392 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Game Theory and Public Policy, SECOND EDITION by : Roger A. McCain

Download or read book Game Theory and Public Policy, SECOND EDITION written by Roger A. McCain and published by Edward Elgar Publishing. This book was released on 2015-12-18 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a critical, selective review of concepts from game theory and their applications in public policy, and further suggests some modifications for some of the models (chiefly in cooperative game theory) to improve their applicability to economics and public policy.

Game Practice and the Environment

Author : Carlo Carraro
Publisher : Edward Elgar Publishing
ISBN 13 : 9781845421441
Total Pages : 272 pages
Book Rating : 4.4/5 (214 download)

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Book Synopsis Game Practice and the Environment by : Carlo Carraro

Download or read book Game Practice and the Environment written by Carlo Carraro and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book summarises the latest achievements of researchers involved in the application of game theory to the analysis of environmental matters. It provides an overview of different methods and applications, and gives the reader new insights on the solutions to complex environmental problems. The authors investigate various game theoretic approaches, including cooperative and non-cooperative game theory, and analyse both dynamic and static games. They illustrate the application of these approaches to global and local environmental problems, and present novel but effective tools to support environmental policy making. In particular, they focus on three important issues; climate negotiations and policy, the sharing of environmental costs, and environmental management and pollution control.

Game Theory for Playing Games

Author : John M. Spraggon
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Game Theory for Playing Games by : John M. Spraggon

Download or read book Game Theory for Playing Games written by John M. Spraggon and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore the extent to which the lack of Nash payoff maximization in experimental games is attributable to the “sophistication” of participants (i.e., their understanding of strategic decision making and profit-maximizing decisions). To this end, we compare the behaviors of sophisticated participants (i.e., those who have been exposed to the concepts of game theory) against those of a more standard subject pool in a moral hazard environment. Results suggest that sophisticated subjects are significantly more likely to adopt strategies predicted by standard theory and arrive at a Nash equilibrium.

Recent Advances in Game Theory and Applications

Author : Leon A. Petrosyan
Publisher : Birkhäuser
ISBN 13 : 3319438387
Total Pages : 290 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Recent Advances in Game Theory and Applications by : Leon A. Petrosyan

Download or read book Recent Advances in Game Theory and Applications written by Leon A. Petrosyan and published by Birkhäuser. This book was released on 2016-09-30 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This contributed volume contains fourteen papers based on selected presentations from the European Conference on Game Theory SING11-GTM 2015, held at Saint Petersburg State University in July 2015, and the Networking Games and Management workshop, held at the Karelian Research Centre of the Russian Academy of Sciences in Petrozvavodsk, Russia, also in July 2015. These papers cover a wide range of topics in game theory, including recent advances in areas with high potential for future work, as well as new developments on classical results. Some of these include A new approach to journal ranking using methods from social choice theory; A differential game of a duopoly in which two firms are competing for market share in an industry with network externalities; The impact of information propagation in the model of tax audits; A voting model in which the results of previous votes can affect the process of coalition formation in a decision-making body; The Selten-Szidarovsky technique for the analysis of Nash equilibria of games with an aggregative structure; Generalized nucleoli and generalized bargaining sets for games with restricted cooperation; Bayesian networks and games of deterrence; and A new look at the study of solutions for games in partition function form. The maturity and vitality of modern-day game theory are reflected in the new ideas, novel applications, and contributions of young researchers represented in this collection. It will be of interest to anyone doing theoretical research in game theory or working on one its numerous applications.

A Game-Theoretic Perspective on Coalition Formation

Author : Debraj Ray
Publisher : Oxford University Press
ISBN 13 : 019920795X
Total Pages : 336 pages
Book Rating : 4.1/5 (992 download)

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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.

Game Theory and the Law

Author : Douglas G. Baird
Publisher : Harvard University Press
ISBN 13 : 0674252187
Total Pages : 348 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis Game Theory and the Law by : Douglas G. Baird

Download or read book Game Theory and the Law written by Douglas G. Baird and published by Harvard University Press. This book was released on 1998-09-01 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to apply the tools of game theory and information economics to advance our understanding of how laws work. Organized around the major solution concepts of game theory, it shows how such well known games as the prisoner’s dilemma, the battle of the sexes, beer-quiche, and the Rubinstein bargaining game can illuminate many different kinds of legal problems. Game Theory and the Law highlights the basic mechanisms at work and lays out a natural progression in the sophistication of the game concepts and legal problems considered.

Law, Economics, and Game Theory

Author : John Cirace
Publisher : Lexington Books
ISBN 13 : 1498549098
Total Pages : 393 pages
Book Rating : 4.4/5 (985 download)

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Book Synopsis Law, Economics, and Game Theory by : John Cirace

Download or read book Law, Economics, and Game Theory written by John Cirace and published by Lexington Books. This book was released on 2020-07-06 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers three relationships: law and economics; economics and game theory; and game theory and law. Economists teach lawyers that economic principles cut across and integrate seemingly different legal subjects such as contracts, torts, and property. Correspondingly, lawyers teach economists that legal rationality is a separate and distinct decision-making process that can be formalized by behavioral rules that are parallel to and comparable with the behavioral rules of economic rationality, that efficiency often must be constrained by legal goals such as equal protection of the laws, due process, and horizontal and distributional equity, and that the general case methodology of economics vs. the hard case methodology of law for determining the truth or falsity of economic theories and theorems sometimes conflict. Economics and Game Theory: Law and economics books focus on economic analysis of judges’ decisions in common law cases and have been mostly limited to contracts, torts, property, criminal law, and suit and settlement. There is usually no discussion of the many areas of law that require cooperative action such as is needed to provide economic infrastructure, control public “bad” type externalities, and make legislation. Game theory provides the bridge between competitive markets and the missing discussion of cooperative action in law and economics. How? Competitive markets are examples (subset) of the Prisoners’ Dilemma, which explains the conflict between individual self-interested behavior and cooperation both in economic markets and in legislative bodies and demonstrates the need for social infrastructure and regulation of pollution and global warming. Game Theory and Law: Lawsuits usually involve litigation between two parties, not the myriad participants in markets, so the assumption of self-interest constrained by markets does not carry over to legal disputes involving one-on-one bargaining in which the law gives one party superior bargaining power. Game theory models predict the effect of different legal institutions, rights, and rules on the outcome of such bargaining. Game theory also has a natural four-model framework which is used in this book to analyze the law and economics of civil obligation, which consists of torts (negligence), contracts, and unjust enrichment.

Economics, Game Theory And International Environmental Agreements: The Ca' Foscari Lectures

Author : Henry Tulkens
Publisher : World Scientific
ISBN 13 : 9813141247
Total Pages : 459 pages
Book Rating : 4.8/5 (131 download)

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Book Synopsis Economics, Game Theory And International Environmental Agreements: The Ca' Foscari Lectures by : Henry Tulkens

Download or read book Economics, Game Theory And International Environmental Agreements: The Ca' Foscari Lectures written by Henry Tulkens and published by World Scientific. This book was released on 2019-05-29 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: The science and management of environmental problems is a vast area, comprising both the natural and social sciences, and the multidisciplinary links often make these issues challenging to comprehend. Economics, Game Theory and International Environmental Agreements: The Ca' Foscari Lectures aims to introduce students to the multidimensional character of international environmental problems in general, and climate change in particular.Ecology, economics, game theory and diplomacy are called upon and brought together in the common framework of a basic mathematical model. Within that framework, and using tools from these four disciplines, the book develops a theory that aims to explain and promote cooperation in international environmental affairs.Other books on the topic tend to be research-oriented volumes of various papers. Instead, this is a book that offers a reasonably-sized synthesis of the multidimensional societal problems of transfrontier pollution, particularly of climate change. It uses mathematical modeling of economic and game theory concepts to examine these environmental issues and demonstrate many results in an accessible fashion. Readers interested in understanding the links between ecology and economics, as well as the connection between economics and institutional decision-making, will find in this text not only answers to many of their queries but also questions for further thinking.

Introduction into Game Theory (Business Context)

Author : Mike G.
Publisher : GRIN Verlag
ISBN 13 : 3668459878
Total Pages : 30 pages
Book Rating : 4.6/5 (684 download)

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Book Synopsis Introduction into Game Theory (Business Context) by : Mike G.

Download or read book Introduction into Game Theory (Business Context) written by Mike G. and published by GRIN Verlag. This book was released on 2017-06-02 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract from the year 2017 in the subject Business economics - Investment and Finance, , language: English, abstract: From the popular series “Numb3rs” you may know the term “Game Theory”, but do you actually know what this is and how it works? During a six-week session of microeconomics, several basic principles are introduced and applied in the business context. Game Theory deals with the optimal behavior of rational decision makers in a simplified surrounding. This text deals with the optimal behavior during a second price action and within oligopolistic competition. The basic ideas like the prisoner's dilemma are explained and underlined with real examples to simplify and illustrate the dry mathematics behind it. After reading this text, you will be able to solve certain problems in a simplified surrounding by your own and will perceive the world at least a little bit more rational.

Externalities, welfare and the theory of games

Author : Otto A. Davis
Publisher :
ISBN 13 :
Total Pages : 47 pages
Book Rating : 4.:/5 (854 download)

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Book Synopsis Externalities, welfare and the theory of games by : Otto A. Davis

Download or read book Externalities, welfare and the theory of games written by Otto A. Davis and published by . This book was released on 1960 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Game Theory and the Environment

Author : Nick Hanley
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 456 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Game Theory and the Environment by : Nick Hanley

Download or read book Game Theory and the Environment written by Nick Hanley and published by Edward Elgar Publishing. This book was released on 1998 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory has emerged as a powerful tool in environmental economics, especially in the study of such transboundary pollution problems as global warming and acid rain. This book addresses key issues in the application of game theory to environmental economics and environmental management.

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.