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Grey Game Theory And Its Applications In Economic Decision Making
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Book Synopsis Grey Game Theory and Its Applications in Economic Decision-Making by : Zhigeng Fang
Download or read book Grey Game Theory and Its Applications in Economic Decision-Making written by Zhigeng Fang and published by CRC Press. This book was released on 2016-04-19 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: To make the best decisions, you need the best information. However, because most issues in game theory are grey, nearly all recent research has been carried out using a simplified method that considers grey systems as white ones. This often results in a forecasting function that is far from satisfactory when applied to many real situations. Grey Game Theory and Its Applications in Economic Decision Making introduces classic game theory into the realm of grey system theory with limited knowledge. The book resolves three theoretical issues: A game equilibrium of grey game A reasonable explanation for the equilibrium of a grey matrix of static nonmatrix game issues based on incomplete information The Centipede Game paradox, which has puzzled theory circles for a long time and greatly enriched and developed the core methods of subgame Nash perfect equilibrium analysis as a result The book establishes a grey matrix game model based on pure and mixed strategies. The author proposes the concepts of grey saddle points, grey mixed strategy solutions, and their corresponding structures and also puts forward the models and methods of risk measurement and evaluation of optimal grey strategies. He raises and solves the problems of grey matrix games. The book includes definitions of the test rules of information distortion experienced during calculation, the design of tokens based on new interval grey numbers, and new arithmetic laws to manipulate grey numbers. These features combine to provide a practical and efficient tool for forecasting real-life economic problems.
Book Synopsis Grey Game Theory and Its Applications in Economic Decision-making by :
Download or read book Grey Game Theory and Its Applications in Economic Decision-making written by and published by . This book was released on 2010 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Game Theory with Economic Applications by : R.J. Aumann
Download or read book Handbook of Game Theory with Economic Applications written by R.J. Aumann and published by Elsevier. This book was released on 1992 with total page 824 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second of three volumes surveying the state of the art in Game Theory and its applications to many and varied fields, in particular to economics. The chapters in the present volume are contributed by outstanding authorities, and provide comprehensive coverage and precise statements of the main results in each area. The applications include empirical evidence. The following topics are covered: communication and correlated equilibria, coalitional games and coalition structures, utility and subjective probability, common knowledge, bargaining, zero-sum games, differential games, and applications of game theory to signalling, moral hazard, search, evolutionary biology, international relations, voting procedures, social choice, public economics, politics, and cost allocation. This handbook will be of interest to scholars in economics, political science, psychology, mathematics and biology. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes
Book Synopsis Game Theoretical Applications to Economics and Operations Research by : T. Parthasarathy
Download or read book Game Theoretical Applications to Economics and Operations Research written by T. Parthasarathy and published by Springer Science & Business Media. This book was released on 1997-08-31 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game Theoretical Applications to Economics and Operations Research deals with various aspects of game theory and their applications to Economics and OR related problems. It brings together the contributions of a wide spectrum of disciplines such as Statistics, Mathematics, Mathematical Economics and OR. The contributions include decision theory, stochastic games, cooperative and noncooperative games. The papers in the volume are classified under five different sections. The first four sections are devoted to the theory of two-person games, linear complimentarity problems and game theory, cooperative and noncooperative games. The fifth section contains diverse applications of these various theories. Taken together they exhibit a rich versatility of these theories and lively interaction between the mathematical theory of games and significant economic problems.
Download or read book Grey Data Analysis written by Sifeng Liu and published by Springer. This book was released on 2016-09-01 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book inclusively and systematically presents the fundamental methods, models and techniques of practical application of grey data analysis, bringing together the authors’ many years of theoretical exploration, real-life application, and teaching. It also reflects the majority of recent theoretical and applied advances in the theory achieved by scholars from across the world, providing readers a vivid overall picture of this new theory and its pioneering research activities. The book includes 12 chapters, covering the introduction to grey systems, a novel framework of grey system theory, grey numbers and their operations, sequence operators and grey data mining, grey incidence analysis models, grey clustering evaluation models, series of GM models, combined grey models, techniques for grey systems forecasting, grey models for decision-making, techniques for grey control, etc. It also includes a software package that allows practitioners to conveniently and practically employ the theory and methods presented in this book. All methods and models presented here were chosen for their practical applicability and have been widely employed in various research works. I still remember 1983, when I first participated in a course on Grey System Theory. The mimeographed teaching materials had a blue cover and were presented as a book. It was like finding a treasure: This fascinating book really inspired me as a young intellectual going through a period of confusion and lack of academic direction. It shone with pearls of wisdom and offered a beacon in the mist for a man trying to find his way in academic research. This book became the guiding light in my life journey, inspiring me to forge an indissoluble bond with Grey System Theory. ——Sifeng Liu
Book Synopsis Emerging Studies and Applications of Grey Systems by : Yingjie Yang
Download or read book Emerging Studies and Applications of Grey Systems written by Yingjie Yang and published by Springer Nature. This book was released on 2023-02-04 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to provide a practical guide by a set of real world applications of grey systems to social networks, energy management, transportation, natural disaster management, etc. As an emerging subject on data analysis and uncertainty modelling, the theory of grey systems and its applications have seen significant progress in recent years. However, researchers are still challenged with difficulties in differentiating grey systems from other similar models and a concise and practical guide for their real world applications. This is especially true for researchers in Europe and North American. This book may provide the answer for that. This book is a result of work within the Leverhulme Trust International Research Network on Grey Systems and its Applications. Readers may regard the book as valuable reference in the related fields.
Book Synopsis Game Theory with Economic Applications by : H. Scott Bierman
Download or read book Game Theory with Economic Applications written by H. Scott Bierman and published by Addison Wesley Publishing Company. This book was released on 1993 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text looks at game theory and its uses as a tool to enable people to make strategic decisions. The second edition emphasises the practical aspects of game theory. The text is divided into five parts allowing the logical selection of material based on teaching needs.
Book Synopsis Hybrid Rough Sets and Applications in Uncertain Decision-Making by : Lirong Jian
Download or read book Hybrid Rough Sets and Applications in Uncertain Decision-Making written by Lirong Jian and published by CRC Press. This book was released on 2010-09-07 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a powerful approach to data reasoning, rough set theory has proven to be invaluable in knowledge acquisition, decision analysis and forecasting, and knowledge discovery. With the ability to enhance the advantages of other soft technology theories, hybrid rough set theory is quickly emerging as a method of choice for decision making under uncertain conditions. Keeping the complicated mathematics to a minimum, Hybrid Rough Sets and Applications in Uncertain Decision-Making provides a systematic introduction to the methods and application of the hybridization for rough set theory with other related soft technology theories, including probability, grey systems, fuzzy sets, and artificial neural networks. It also: Addresses the variety of uncertainties that can arise in the practical application of knowledge representation systems Unveils a novel hybrid model of probability and rough sets Introduces grey variable precision rough set models Analyzes the advantages and disadvantages of various practical applications The authors examine the scope of application of the rough set theory and discuss how the combination of variable precision rough sets and dominance relations can produce probabilistic preference rules out of preference attribute decision tables of preference actions. Complete with numerous cases that illustrate the specific application of hybrid methods, the text adopts the latest achievements in the theory, method, and application of rough sets.
Book Synopsis Methodological Aspects of Grey Systems Theory in Management Research by : Rafał Mierzwiak
Download or read book Methodological Aspects of Grey Systems Theory in Management Research written by Rafał Mierzwiak and published by Springer Nature. This book was released on with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Theory of Science and Technology Transfer and Applications by : Sifeng Liu
Download or read book Theory of Science and Technology Transfer and Applications written by Sifeng Liu and published by CRC Press. This book was released on 2016-04-19 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Constructive Suggestions for Efficiently Implementing Technology Transfer Theory of Science and Technology Transfer and Applications presents the mechanisms, features, effects, and modes of technology transfer. It addresses the measurement, cost, benefit, optimal allocation, and game theory of technology transfer, along with the dynamics of the technical diffusion field. The book explores the concept of technology transfer and its mechanism as the main theme. It measures the cost and benefit of technology transfer, analyzes technology transfer based on technical diffusion field theory, and presents case studies to illustrate the use of a linear programming model and government investment and planning model. The authors also offer strategic analyses that utilize game models and discuss the impact of technology transfer on economic growth. Accompanied by economic globalization, globalization in technology enables the rational allocation and flow of the elements of technology without restrictions, which in turn allows the sharing of technological activities and the space flow of technology more frequently. This book focuses on the creation and development of advanced productivities. Through many real-world examples, it shows how to implement technology transfer in society, leading technology to become socially and economically valued.
Book Synopsis Optimization of Regional Industrial Structures and Applications by : Yaoguo Dang
Download or read book Optimization of Regional Industrial Structures and Applications written by Yaoguo Dang and published by CRC Press. This book was released on 2010-11-23 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on research projects supported by the National Natural Science Foundation of China and Nanjing University of Aeronautics and Astronautics, Optimization of Regional Industrial Structures and Applications provides an authoritative introduction to and survey of the cutting-edge research and applications in industrial structure optimization. Employing grey systems theory as its method of analysis, it integrates grey systems theory with industrial structure optimization theory to provide dynamic and efficient methods of measurement, analysis, and decision making. The authors cover several models of grey regional industrial structure, including grey correlation priority analysis, industrial structure order degree measurement model, regional leading industries grey assessment model and turnpike model. The first part of the book clarifies basic theory. This section covers the production and development of industrial structure theory, evolution laws of industrial structure, rationalization and upgrading of industrial structures, factors of industrial structure upgrading, input–output analysis, and mathematical modeling of regional industrial structures. The second section introduces four case studies that illustrate real-world research and applications. It considers the approaches and measures taken in China’s industrial structure upgrade during the "eleventh five-year plan". The case studies examine measures of and strategies for Jiangsu province’s industrial structural adjustment. This section also presents the optimization and promotion study of the "eleventh five" industrial structure of another city in China. The models detailed in this book not only develop application fields of grey systems theory, but also enrich the theories of industrial structure optimization. All of the methods presented in the text are reviewed in the case studies to supply readers with a vivid and practical understanding.
Book Synopsis Introduction to Theory of Control in Organizations by : Vladimir N. Burkov
Download or read book Introduction to Theory of Control in Organizations written by Vladimir N. Burkov and published by CRC Press. This book was released on 2015-03-02 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Theory of Control in Organizations explains how methodologies from systems analysis and control theory, including game and graph theory, can be applied to improve organizational management. The theory presented extends the traditional approach to management science by introducing the optimization and game-theoretical tools required
Book Synopsis Capital Account Liberation by : Ying Yirong
Download or read book Capital Account Liberation written by Ying Yirong and published by CRC Press. This book was released on 2015-05-13 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: Along with the development of economic globalization, many countries have begun to relax their controls on their capital accounts. However, the recent financial crises in Latin American countries as well as the exchange rate crises in Southeast Asian countries have shown that there is major risk associated with capital account liberalization.This b
Book Synopsis Extension Innovation Method by : Chunyan Yang
Download or read book Extension Innovation Method written by Chunyan Yang and published by CRC Press. This book was released on 2018-11-02 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extension innovation method is an approach to originality generation. It utilizes basic theories of Extenics, a new discipline for modeling contradiction problems with formalized methods and transformation, to establish a modeling and quantification combined method that can be learned effortlessly and operated conveniently. This book introduces and analyzes commonly used extension innovation methods are introduced and analyzed thoroughly. It makes it easy for readers at different levels and of different knowledge backgrounds to study. Highly accessible cases faciliate understanding and application of the models.
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.
Download or read book Systems Evaluation written by Sifeng Liu and published by CRC Press. This book was released on 2012-02-06 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: A book in the Systems Evaluation, Prediction, and Decision-Making Series, Systems Evaluation: Methods, Models, and Applications covers the evolutionary course of systems evaluation methods, clearly and concisely. Outlining a wide range of methods and models, it begins by examining the method of qualitative assessment. Next, it describes the process and methods for building an index system of evaluation and considers the compared evaluation and the logical framework approach, analytic hierarchy process (AHP), and the data envelopment analysis (DEA) relative efficiency evaluation method. Unique in its emphasis on the practical applications of systems evaluation methods and models, the book introduces several new evaluation models of grey system, including general grey incidence model, grey incidence models based on similarity and closeness, grey cluster evaluation based on triangular whitenization functions, and multi-attribute grey target decision model. Explaining intricate concepts in language that is easy to understand it provides step-by-step explanations of the various methods and models. The text illustrates the practical application, analysis, and computation of systems evaluation methods and models with an abundance of practical examples and empirical studies. The case studies examine post evaluation of road-bridge construction projects, the efficiency evaluation of the science and technology activities, the evaluation of energy-saving projects in China, and the evaluation and selection of international cooperation projects.
Book Synopsis Investment and Employment Opportunities in China by : Jeffrey Yi-Lin Forrest
Download or read book Investment and Employment Opportunities in China written by Jeffrey Yi-Lin Forrest and published by CRC Press. This book was released on 2014-11-21 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting the most recent statistical data, Investment and Employment Opportunities in China provides first-of-its-kind coverage of the regional economic, industrial, investment, and employment structures in China. After establishing the theoretical foundation, the rest of the book utilizes the model and the methodology presented by the authors to
