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Author : D. J. White
Publisher :
ISBN 13 :
Total Pages : 19 pages
Book Rating : 4.:/5 (897 download)
Download or read book Independence of Irrelevant Alternatives Axioms written by D. J. White and published by . This book was released on 1975 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Larry Samuelson
Publisher : Springer Science & Business Media
ISBN 13 : 9400942192
Total Pages : 290 pages
Book Rating : 4.4/5 (9 download)
Download or read book Microeconomic Theory written by Larry Samuelson and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is often said that everyone understands precisely what is meant by the notion of probability-except those who have spent their lives studying the matter. Upon close scrutiny, the intuitively obvious idea of probability becomes quite elusive. Is it a subjective or objective concept? Are random variables simply improperly measured deterministic variables, or inherently random? What is meant by the phrase "other things held constant" that often appears in descriptions of probability? These questions involve fundamental philosophical and scientific issues, and promise to elude definitive answers for some time. The same type of difficulty arises when attempting to produce a volume on microeconomic theory. The obvious first question-what is microeconomic theory?--
Author : Hervé Moulin
Publisher : Cambridge University Press
ISBN 13 : 9780521424585
Total Pages : 350 pages
Book Rating : 4.4/5 (245 download)
Download or read book Axioms of Cooperative Decision Making written by Hervé Moulin and published by Cambridge University Press. This book was released on 1991-07-26 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a unified and comprehensive study of welfarism, cooperative games, public decision making, and voting and social choice theory.
Author : Vincenzo Denicolò
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Independence of Irrelevant Alternatives and Consistency of Choice written by Vincenzo Denicolò and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We show that Arrow's condition of independence of irrelevant alternatives is logically related to conditions of consistency of choice (in particular, to Arrow's choice axiom). The relation, however, is indirect. The link is provided by an independence condition due to Hansson (Synthese, 1969) which applies to fixed agenda social choice rules.
Author : H.J. Peters
Publisher : Springer Science & Business Media
ISBN 13 : 9401580227
Total Pages : 244 pages
Book Rating : 4.4/5 (15 download)
Download or read book Axiomatic Bargaining Game Theory written by H.J. Peters and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many social or economic conflict situations can be modeled by specifying the alternatives on which the involved parties may agree, and a special alternative which summarizes what happens in the event that no agreement is reached. Such a model is called a bargaining game, and a prescription assigning an alternative to each bargaining game is called a bargaining solution. In the cooperative game-theoretical approach, bargaining solutions are mathematically characterized by desirable properties, usually called axioms. In the noncooperative approach, solutions are derived as equilibria of strategic models describing an underlying bargaining procedure. Axiomatic Bargaining Game Theory provides the reader with an up-to-date survey of cooperative, axiomatic models of bargaining, starting with Nash's seminal paper, The Bargaining Problem. It presents an overview of the main results in this area during the past four decades. Axiomatic Bargaining Game Theory provides a chapter on noncooperative models of bargaining, in particular on those models leading to bargaining solutions that also result from the axiomatic approach. The main existing axiomatizations of solutions for coalitional bargaining games are included, as well as an auxiliary chapter on the relevant demands from utility theory.
Author : Douglas D. Davis
Publisher : Princeton University Press
ISBN 13 : 0691233373
Total Pages : 586 pages
Book Rating : 4.6/5 (912 download)
Download or read book Experimental Economics written by Douglas D. Davis and published by Princeton University Press. This book was released on 2021-07-13 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: A small but increasing number of economists have begun to use laboratory experiments to evaluate economic propositions under carefully controlled conditions. Experimental Economics is the first comprehensive treatment of this rapidly growing area of research. While the book acknowledges that laboratory experiments are no panacea, it argues cogently for their effectiveness in selected situations. Covering methodological and procedural issues as well as theory, Experimental Economics is not only a textbook but also a useful introduction to laboratory methods for professional economists. Although the authors present some new material, their emphasis is on organizing and evaluating existing results. The book can be used as an anchoring device for a course at either the graduate or advanced undergraduate level. Applications include financial market experiments, oligopoly price competition, auctions, bargaining, provision of public goods, experimental games, and decision making under uncertainty. The book also contains instructions for a variety of laboratory experiments.
Author : R.J. Aumann
Publisher : Elsevier
ISBN 13 : 9780444894274
Total Pages : 824 pages
Book Rating : 4.8/5 (942 download)
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
Author : Graciela Chichilnisky
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (537 download)
Download or read book Instability of Social Rules written by Graciela Chichilnisky and published by . This book was released on 1979 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Christi Favor
Publisher : Stanford University Press
ISBN 13 : 0804762546
Total Pages : 391 pages
Book Rating : 4.8/5 (47 download)
Download or read book Essays on Philosophy, Politics & Economics written by Christi Favor and published by Stanford University Press. This book was released on 2010-05-17 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays on Philosophy, Politics, & Economics offers a critical examination of economic, philosophical, and political notions, with an eye towards working across all three, so that students and scholars from can expand their perspectives as they approach the necessarily complex research questions of today and tomorrow.
Author : John W. Patty
Publisher : Cambridge University Press
ISBN 13 : 1139915487
Total Pages : 223 pages
Book Rating : 4.1/5 (399 download)
Download or read book Social Choice and Legitimacy written by John W. Patty and published by Cambridge University Press. This book was released on 2014-07-31 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governing requires choices, and hence trade-offs between conflicting goals or criteria. This book asserts that legitimate governance requires explanations for such trade-offs and then demonstrates that such explanations can always be found, though not for every possible choice. In so doing, John W. Patty and Elizabeth Maggie Penn use the tools of social choice theory to provide a new and discriminating theory of legitimacy. In contrast with both earlier critics and defenders of social choice theory, Patty and Penn argue that the classic impossibility theorems of Arrow, Gibbard, and Satterthwaite are inescapably relevant to, and indeed justify, democratic institutions. Specifically, these institutions exist to do more than simply make policy - through their procedures and proceedings, these institutions make sense of the trade-offs required when controversial policy decisions must be made.
Author : Hannu Nurmi
Publisher : Routledge
ISBN 13 : 1134338635
Total Pages : 240 pages
Book Rating : 4.1/5 (343 download)
Download or read book Models of Political Economy written by Hannu Nurmi and published by Routledge. This book was released on 2006-10-13 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering decision theory; game theory; mechanism design; and, games of asymmetric information, this work aims to introduce students to the basic methodology of political economics.
Author : Management Association, Information Resources
Publisher : IGI Global
ISBN 13 : 1522525955
Total Pages : 515 pages
Book Rating : 4.5/5 (225 download)
Download or read book Game Theory: Breakthroughs in Research and Practice written by Management Association, Information Resources and published by IGI Global. This book was released on 2017-06-19 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developments in the use of game theory have impacted multiple fields and created opportunities for new applications. With the ubiquity of these developments, there is an increase in the overall utilization of this approach. Game Theory: Breakthroughs in Research and Practice contains a compendium of the latest academic material on the usage, strategies, and applications for implementing game theory across a variety of industries and fields. Including innovative studies on economics, military strategy, and political science, this multi-volume book is an ideal source for professionals, practitioners, graduate students, academics, and researchers interested in the applications of game theory.
Author : Ken Binmore
Publisher : Oxford University Press
ISBN 13 : 0199924546
Total Pages : 403 pages
Book Rating : 4.1/5 (999 download)
Download or read book Playing for Real, Coursepack Edition written by Ken Binmore and published by Oxford University Press. This book was released on 2012-08-01 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Playing for Real is a problem-based textbook on game theory that has been widely used at both the undergraduate and graduate levels. This Coursepack Edition will be particularly useful for teachers new to the subject. It contains only the material necessary for a course of ten, two-hour lectures plus problem classes and comes with a disk of teaching aids including pdf files of the author's own lecture presentations together with two series of weekly exercise sets with answers and two sample final exams with answers. There are at least three questions a game theory book might answer: What is game theory about? How is game theory applied? Why is game theory right? Playing for Real is perhaps the only book that attempts to answer all three questions without getting heavily mathematical. Its many problems and examples are an integral part of its approach. Just as athletes take pleasure in training their bodies, there is much satisfaction to be found in training one's mind to think in a way that is simultaneously rational and creative. With all of its puzzles and paradoxes, game theory provides a magnificent mental gymnasium for this purpose. It is the author's hope that exercising on the equipment provided by this Coursepack Edition will bring the reader the same kind of pleasure that it has brought to so many other students.
Author : Fuad Aleskerov
Publisher : Springer Science & Business Media
ISBN 13 : 3662049929
Total Pages : 226 pages
Book Rating : 4.6/5 (62 download)
Download or read book Utility Maximization, Choice and Preference written by Fuad Aleskerov and published by Springer Science & Business Media. This book was released on 2013-04-18 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The utility maximization paradigm forms the basis of many economic, psychological, cognitive and behavioral models. However, numerous examples have revealed the deficiencies of the concept. This book helps to overcome those deficiencies by taking into account insensitivity of measurement threshold and context of choice. The second edition has been updated to include the most recent developments and a new chapter on classic and new results for infinite sets.
Author : Ein-Ya Gura
Publisher : Cambridge University Press
ISBN 13 : 110771771X
Total Pages : 242 pages
Book Rating : 4.1/5 (77 download)
Download or read book Insights into Game Theory written by Ein-Ya Gura and published by Cambridge University Press. This book was released on 2008-11-13 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few branches of mathematics have been more influential in the social sciences than game theory. In recent years, it has become an essential tool for all social scientists studying the strategic behaviour of competing individuals, firms and countries. However, the mathematical complexity of game theory is often very intimidating for students who have only a basic understanding of mathematics. Insights into Game Theory addresses this problem by providing students with an understanding of the key concepts and ideas of game theory without using formal mathematical notation. The authors use four very different topics (college admission, social justice and majority voting, coalitions and co-operative games, and a bankruptcy problem from the Talmud) to investigate four areas of game theory. The result is a fascinating introduction to the world of game theory and its increasingly important role in the social sciences.
Author : K. G. Binmore
Publisher : Oxford University Press
ISBN 13 : 0199924538
Total Pages : 403 pages
Book Rating : 4.1/5 (999 download)
Download or read book Playing for Real Coursepack Edition written by K. G. Binmore and published by Oxford University Press. This book was released on 2012-10-18 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Playing for Real is a problem-based textbook on game theory that has been widely used at both the undergraduate and graduate levels. The Coursepack Edition contains only the material necessary for a course of ten two-hour lectures plus problem classes. It comes with a disc of teaching aids including the author's own lecture presentations and two series of weekly exercise sets with answers.
Author : Howard Raiffa
Publisher : Harvard University Press
ISBN 13 : 0674024141
Total Pages : 567 pages
Book Rating : 4.6/5 (74 download)
Download or read book Negotiation Analysis written by Howard Raiffa and published by Harvard University Press. This book was released on 2007-03-31 with total page 567 pages. Available in PDF, EPUB and Kindle. Book excerpt: This masterly book substantially extends Howard Raiffa’s earlier classic, The Art and Science of Negotiation. It does so by incorporating three additional supporting strands of inquiry: individual decision analysis, judgmental decision making, and game theory. Each strand is introduced and used in analyzing negotiations. The book starts by considering how analytically minded parties can generate joint gains and distribute them equitably by negotiating with full, open, truthful exchanges. The book then examines models that disengage step by step from that ideal. It also shows how a neutral outsider (intervenor) can help all negotiators by providing joint, neutral analysis of their problem. Although analytical in its approach—building from simple hypothetical examples—the book can be understood by those with only a high school background in mathematics. It therefore will have a broad relevance for both the theory and practice of negotiation analysis as it is applied to disputes that range from those between family members, business partners, and business competitors to those involving labor and management, environmentalists and developers, and nations.
