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Game Theory And The Law
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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 1994 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.
Download or read book Game theory and the law written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 2018-04-16 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses game theory to explain conflict between individual self-interested behavior and cooperation in economic markets, lawsuits, and legislative bodies. It demonstrates the need for social regulation in addition to free markets and judicial decisions in common law cases.
Download or read book Laws of the Game written by Manfred Eigen and published by Princeton University Press. This book was released on 1993-04-11 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using game theory and examples of actual games people play, Nobel laureate Manfred Eigen and Ruthild Winkler show how the elements of chance and rules underlie all that happens in the universe, from genetic behavior through economic growth to the composition of music. To illustrate their argument, the authors turn to classic games--backgammon, bridge, and chess--and relate them to physical, biological, and social applications of probability theory and number theory. Further, they have invented, and present here, more than a dozen playable games derived from scientific models for equilibrium, selection, growth, and even the composition of RNA.
Book Synopsis Game Theory and the Transformation of Family Law by : Kenneth H. Waldron
Download or read book Game Theory and the Transformation of Family Law written by Kenneth H. Waldron and published by Unhooked Books. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores how the mathematical principles of Game Theory can transform the business of family law and optimize client outcomes.
Book Synopsis Strategic Behavior and the Law by : Douglas G. Baird
Download or read book Strategic Behavior and the Law written by Douglas G. Baird and published by . This book was released on 1993 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Game Theory in Jurisprudence by : Wojciech Załuski
Download or read book Game Theory in Jurisprudence written by Wojciech Załuski and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory is a branch of mathematics that studies strategic interactions, i.e., interactions which involve more than one agent and in which each agent makes her/his decision while striving to predict the decisions of other agents. Game theory has been successfully applied in many areas of both the natural and social sciences, and it is the belief of this book's author that it can also be gainfully invoked in the area of legal philosophy. In this book, Wojciech Zaluski analyzes legal-philosophical concepts - such as legal interpretation, justice, legal rights, contract law, tort law, and property law - through the lens of game theory. The book appeals mainly to game theory's conceptual rather than the technical side, and intertwines game-theoretical analysis with the philosophical. It will be accessible to a wider circle of readers interested in legal and moral philosophy.
Book Synopsis Decision Analysis, Game Theory, and Information by : Louis Kaplow
Download or read book Decision Analysis, Game Theory, and Information written by Louis Kaplow and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision Analysis, Game Theory, and Information teaches the basics of decision analysis and game theory, the fundamental tools used over the past half-century by clients, whether businesses, government institutions, or other entities or individuals. Additionally, a brief introduction to basic concepts involving imperfect information concerning other parties are introduced. This handbook is designed for use as a supplementary test for a first-year course, and could also be used in connection with a course on legal methods or law and economics.This handbook comprises Chapters 1 and 2 of Analytical Methods for Lawyers, with appendix and revisions.
Book Synopsis Games and Public Administration by : Georg von Wangenheim
Download or read book Games and Public Administration written by Georg von Wangenheim and published by Edward Elgar Publishing. This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Linking game theory to public administration, Wangenheim's study explores how mathematical models can be used to analyse the economics of regulation and licensing within a given framework of legislation.
Book Synopsis Game Theory and Business Applications by : Kalyan Chatterjee
Download or read book Game Theory and Business Applications written by Kalyan Chatterjee and published by Springer Science & Business Media. This book was released on 2013-06-26 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory has been applied to a growing list of practical problems, from antitrust analysis to monetary policy; from the design of auction institutions to the structuring of incentives within firms; from patent races to dispute resolution. The purpose of Game Theory and Business Applications is to show how game theory can be used to model and analyze business decisions. The contents of this revised edition contain a wide variety of business functions – from accounting to operations, from marketing to strategy to organizational design. In addition, specific application areas include market competition, law and economics, bargaining and dispute resolution, and competitive bidding. All of these applications involve competitive decision settings, specifically situations where a number of economic agents in pursuit of their own self-interests and in accordance with the institutional “rules of the game” take actions that together affect all of their fortunes. As this volume demonstrates, game theory provides a compelling guide for analyzing business decisions and strategies.
Book Synopsis Strategic Approaches to the Legal Environment of Business by : Michael O'Brien
Download or read book Strategic Approaches to the Legal Environment of Business written by Michael O'Brien and published by BrownWalker Press. This book was released on 2018-06-30 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current and future managers are regularly confronted with decisions that create risk in the legal environment of business. This book provides a framework for qualifying legal risk and then determining if the legal risk is worth taking. This framework begins by looking at the relationship between the firm, its suppliers, customers, owners, agents, and others in society as a whole to understand specific risks in personal injury, agreements, products, borrowing money, employees, independent contractors, and business entity selection. When the manager is aware of the magnitude of the risk and the likelihood of the risk, the manager is in a strong position to determine if the risk is worth taking. This book uses numerous applications from Game Theory to determine how risks of the firm compare to risks of another firm, an employee, a vendor and a customer. Students of business law will appreciate the black letter legal discussions of civil procedure, torts, contracts, the sale of goods, secured transactions, agency, and business associations with tax implications. Aspiring accounting students will find familiarity with many topics that appear on the AICPA exam. Managers will gravitate toward specific guidance with regard to setting up agreements with customers and vendors, creating effective human relations policies, and mitigating firm risks with regard to internal and external stakeholders. Dozens of managers provided input and experience that found its way into the selection of examples in the book ensuring real-world application for many practical business law problems.
Book Synopsis Games to Play and Games Not to Play by : Uri Weiss
Download or read book Games to Play and Games Not to Play written by Uri Weiss and published by Springer Nature. This book was released on 2023 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contributes to the theatrical discussions of equilibria that rest on error--in which we include mistaken choices of games to play. Extant game theory recommends diverse strategies (plans of actions) for various given games, particularly those in Nash equilibria, in which no player benefits from one-sided strategy alteration. The literature also refers to the design of games that fit given goals. This is the mechanism design theory; its function is to serve social planners ignorant of the preferences of the people intended to play them. Our study of games avoidance adds to game theory the meta-game of choosing what game to play and what game to avoid playing, and that both players and planners can generate. This comprises a shift from the maximalist position that aims to maximize possible profit to the minimalist one that aims at minimizing possible loss. This shift depends on the question, considering the public interest, what set of games is it advisable to encourage? Obviously, it is advisable to encourage playing some groups of games such as trade, as well as to discourage playing other groups of games such as wars. This shift makes the theory much more applicable to social science: usually, choosing what game to play is less practical than choosing what game not to play. This invites legislation and similar incentives; their study should aim at the improvement of their usefulness. Discussing the possibility of changing both game and strategy renders game theory part-and-parcel of social science. For this mathematical models will not do: it requires a clear distinction between describing options and explaining situations. Explanations may enhance efforts at improvement.
Book Synopsis Strategy and Game Theory by : Felix Munoz-Garcia
Download or read book Strategy and Game Theory written by Felix Munoz-Garcia and published by Springer. This book was released on 2019-05-16 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook presents worked-out exercises on game theory with detailed step-by-step explanations. While most textbooks on game theory focus on theoretical results, this book focuses on providing practical examples in which students can learn to systematically apply theoretical solution concepts to different fields of economics and business. The text initially presents games that are required in most courses at the undergraduate level and gradually advances to more challenging games appropriate for graduate level courses. The first six chapters cover complete-information games, separately analyzing simultaneous-move and sequential-move games, with applications in industrial economics, law, and regulation. Subsequent chapters dedicate special attention to incomplete information games, such as signaling games, cheap talk games, and equilibrium refinements, emphasizing common steps and including graphical illustrations to focus students’ attention on the most relevant payoff comparisons at each point of the analysis. In addition, exercises are ranked according to their difficulty, with a letter (A-C) next to the exercise number. This allows students to pace their studies and instructors to structure their classes accordingly. By providing detailed worked-out examples, this text gives students at various levels the tools they need to apply the tenets of game theory in many fields of business and economics. The second edition of the text has been revised to provide additional exercises at the introductory and intermediate level, expanding the scope of the book to be appropriate for upper undergraduate students looking to improve their understanding of the subject. The second edition also includes a new chapter devoted entirely to cheap talk games. Revised to appeal to a larger audience of instructors and students, this text is appropriate for introductory-to-intermediate courses in game theory at the upper undergraduate and graduate levels.
Book Synopsis Strategies and Games by : Prajit K. Dutta
Download or read book Strategies and Games written by Prajit K. Dutta and published by MIT Press. This book was released on 1999-02-16 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory has become increasingly popular among undergraduate aswell as business school students. This text is the first to provideboth a complete theoretical treatment of the subject and a variety ofreal-world applications, primarily in economics, but also in business,political science, and the law. Game theory has become increasingly popular among undergraduate as well as business school students. This text is the first to provide both a complete theoretical treatment of the subject and a variety of real-world applications, primarily in economics, but also in business, political science, and the law. Strategies and Games grew out of Prajit Dutta's experience teaching a course in game theory over the last six years at Columbia University.The book is divided into three parts: Strategic Form Games and Their Applications, Extensive Form Games and Their Applications, and Asymmetric Information Games and Their Applications. The theoretical topics include dominance solutions, Nash equilibrium, backward induction, subgame perfect equilibrium, repeated games, dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, and signaling. An appendix presents a thorough discussion of single-agent decision theory, as well as the optimization and probability theory required for the course.Every chapter that introduces a new theoretical concept opens with examples and ends with a case study. Case studies include Global Warming and the Internet, Poison Pills, Treasury Bill Auctions, and Final Jeopardy. Each part of the book also contains several chapter-length applications including Bankruptcy Law, the NASDAQ market, OPEC, and the Commons problem. This is also the first text to provide a detailed analysis of dynamic strategic interaction.
Download or read book Game Theory written by Aviad Heifetz and published by Cambridge University Press. This book was released on 2012-05-31 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory is concerned with strategic interaction among several decision-makers. In such strategic encounters, all players are aware of the fact that their actions affect the other players. Game theory analyzes how these strategic, interactive considerations may affect the players' decisions and influence the final outcome. This textbook focuses on applications of complete-information games in economics and management, as well as in other fields such as political science, law and biology. It guides students through the fundamentals of game theory by letting examples lead the way to the concepts needed to solve them. It provides opportunities for self-study and self-testing through an extensive pedagogical apparatus of examples, questions and answers. The book also includes more advanced material suitable as a basis for seminar papers or elective topics, including rationalizability, stability of equilibria (with discrete-time dynamics), games and evolution, equilibrium selection and global games.
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 A Primer in Game Theory by : Roberto Lucchetti
Download or read book A Primer in Game Theory written by Roberto Lucchetti and published by Società Editrice Esculapio. This book was released on 2011-03-01 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: A game is an efficient model of interactions between agents, for the following basic reason: the players follow fixed rules, have interests on all possible final outcomes of the game, and the final result for them does not depend only from the choices they individually make, but also from the choices of other agents. Thus the focus is actually on the fact that in a game there are several agents interacting. In fact, more recently this theory took the name of Interactive Decision Theory. It is related to classical decision theory, but it takes into account the presence of more than one agent taking decisions. As we shall constantly see, this radically changes the background and sometimes even the intuition behind classical decision theory. So, in few words, game theory is the study of taking optimal decisions in presence of multiple players (agents). Thus a game is a simplified, yet very efficient, model of real life every day situa- tions. Though the first, and probably more intuitive, applications of the theory were in an economical setting, theoretical models and tools of this theory nowadays are spread on various disciplines. To quote some of them, we can start from psychology: a more modern approach than classical psychanalysis takes into account that the hu- man being is mainly an interactive agent. So to speak, we play everyday with our professors/students, with our parents/children, with our lover, when bargaining with somebody. Also the Law and the Social Sciences are obviously interested in Game Theory, since the rules play a crucial role in inducing the behaviour of the agents. Not many years after the first systematic studies in Game Theory, interesting ap- plications appeared to animals, starting with the analysis of competing species. It is much more recent and probably a little surprising to know that recent applications of the theory deal with genes in microbiology, or computers in telecommunication problems. In some sense, today many scholars do believe that these will be the more interesting applications in the future: for reasons that we shall constantly see later, humans in some sense are not so close to the rational player imagined by the theory, while animals and computers “act” in a more rational way than human beings, clearly in an unconscious yet efficient manner.
