On Coordination In Non Cooperative Game Theory

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On Coordination in Non-Cooperative Game Theory

Author : Lauren Larrouy
Publisher : Springer Nature
ISBN 13 : 3031361717
Total Pages : 355 pages
Book Rating : 4.0/5 (313 download)

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Book Synopsis On Coordination in Non-Cooperative Game Theory by : Lauren Larrouy

Download or read book On Coordination in Non-Cooperative Game Theory written by Lauren Larrouy and published by Springer Nature. This book was released on 2023-08-17 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: By offering a critical assessment of the evolution of standard game theory, this book argues for a shift in the ontology and methodology of game theory for appraising games, one based on understanding the players’ strategic reasoning process. Analyzing the history of economic thought, the book highlights the methodological issues faced by standard game theory in its treatment of strategic reasoning and the consequence it has on the status of players’ beliefs. It also highlights how the two original contributions of T. C. Schelling and M. Bacharach can be applied to these issues. Furthermore, the book assesses the intersubjective dimension in games by applying the cognitive sciences and by integrating simulation theory into game theory. Consequently, this book offers an interdisciplinary approach for reassessing the nature of the intersubjectivity involved in strategic reasoning. It shows that the analysis of games should involve the study and identification of the reasoning process that leads the players to a specific outcome, i.e., to a specific solution. A game should not be understood (as is done in standard game theory) as a mathematical representation of an individual choice at equilibrium. This requires investigating the players’ capacity for coordination. Understanding the process of coordination allows us to understand strategic reasoning and ultimately to provide new answers to the indeterminacy problem, one of the central hurdles in game theory, and one that underscores its normative difficulties.

Non-Cooperative Game Theory

Author : Takako Fujiwara-Greve
Publisher : Springer
ISBN 13 : 4431556451
Total Pages : 263 pages
Book Rating : 4.4/5 (315 download)

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Book Synopsis Non-Cooperative Game Theory by : Takako Fujiwara-Greve

Download or read book Non-Cooperative Game Theory written by Takako Fujiwara-Greve and published by Springer. This book was released on 2015-06-17 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a textbook for university juniors, seniors, and graduate students majoring in economics, applied mathematics, and related fields. Each chapter is structured so that a core concept of that chapter is presented with motivations, useful applications are given, and related advanced topics are discussed for future study. Many helpful exercises at various levels are provided at the end of each chapter. Therefore, this book is most suitable for readers who intend to study non-cooperative game theory rigorously for both theoretical studies and applications. Game theory consists of non-cooperative games and cooperative games. This book covers only non-cooperative games, which are major tools used in current economics and related areas. Non-cooperative game theory aims to provide a mathematical prediction of strategic choices by decision makers (players) in situations of conflicting interest. Through the logical analyses of strategic choices, we obtain a better understanding of social (economic, business) problems and possible remedies. The book contains many well-known games such as the prisoner’s dilemma, chicken (hawk–dove) game, coordination game, centipede game, and Cournot, Bertrand, and Stackelberg models in oligopoly. It also covers some advanced frameworks such as repeated games with non-simultaneous moves, repeated games with overlapping generations, global games, and voluntarily separable repeated prisoner’s dilemma, so that readers familiar with basic game theory can expand their knowledge. The author’s own research is reflected in topics such as formulations of information and evolutionary stability, which makes this book unique.

Dynamic Noncooperative Game Theory

Author : Tamer Basar
Publisher : SIAM
ISBN 13 : 9781611971132
Total Pages : 534 pages
Book Rating : 4.9/5 (711 download)

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Book Synopsis Dynamic Noncooperative Game Theory by : Tamer Basar

Download or read book Dynamic Noncooperative Game Theory written by Tamer Basar and published by SIAM. This book was released on 1999-01-01 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent interest in biological games and mathematical finance make this classic 1982 text a necessity once again. Unlike other books in the field, this text provides an overview of the analysis of dynamic/differential zero-sum and nonzero-sum games and simultaneously stresses the role of different information patterns. The first edition was fully revised in 1995, adding new topics such as randomized strategies, finite games with integrated decisions, and refinements of Nash equilibrium. Readers can now look forward to even more recent results in this unabridged, revised SIAM Classics edition. Topics covered include static and dynamic noncooperative game theory, with an emphasis on the interplay between dynamic information patterns and structural properties of several different types of equilibria; Nash and Stackelberg solution concepts; multi-act games; Braess paradox; differential games; the relationship between the existence of solutions of Riccati equations and the existence of Nash equilibrium solutions; and infinite-horizon differential games.

Game Theory and the Law

Author : Douglas G. Baird
Publisher : Harvard University Press
ISBN 13 : 9780674341111
Total Pages : 348 pages
Book Rating : 4.3/5 (411 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 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.

The Great Mental Models, Volume 1

Author : Shane Parrish
Publisher : Penguin
ISBN 13 : 0593719972
Total Pages : 209 pages
Book Rating : 4.5/5 (937 download)

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Book Synopsis The Great Mental Models, Volume 1 by : Shane Parrish

Download or read book The Great Mental Models, Volume 1 written by Shane Parrish and published by Penguin. This book was released on 2024-10-15 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the essential thinking tools you’ve been missing with The Great Mental Models series by Shane Parrish, New York Times bestselling author and the mind behind the acclaimed Farnam Street blog and “The Knowledge Project” podcast. This first book in the series is your guide to learning the crucial thinking tools nobody ever taught you. Time and time again, great thinkers such as Charlie Munger and Warren Buffett have credited their success to mental models–representations of how something works that can scale onto other fields. Mastering a small number of mental models enables you to rapidly grasp new information, identify patterns others miss, and avoid the common mistakes that hold people back. The Great Mental Models: Volume 1, General Thinking Concepts shows you how making a few tiny changes in the way you think can deliver big results. Drawing on examples from history, business, art, and science, this book details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making and productivity. This book will teach you how to: Avoid blind spots when looking at problems. Find non-obvious solutions. Anticipate and achieve desired outcomes. Play to your strengths, avoid your weaknesses, … and more. The Great Mental Models series demystifies once elusive concepts and illuminates rich knowledge that traditional education overlooks. This series is the most comprehensive and accessible guide on using mental models to better understand our world, solve problems, and gain an advantage.

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.

Game Theory: Breakthroughs in Research and Practice

Author : Management Association, Information Resources
Publisher : IGI Global
ISBN 13 : 1522525955
Total Pages : 515 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Game Theory: Breakthroughs in Research and Practice by : Management Association, Information Resources

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.

Rethinking Rational Choice Theory

Author : Jan de Jonge
Publisher : Springer
ISBN 13 : 0230355544
Total Pages : 363 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Rethinking Rational Choice Theory by : Jan de Jonge

Download or read book Rethinking Rational Choice Theory written by Jan de Jonge and published by Springer. This book was released on 2011-12-12 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: The marriage of neuroscience and the science of choice behaviour gave birth to neuroeconomics. Jan de Jong explores this new discipline, investigating the relationship between choice behaviour and brain activity, and the light that this sheds on our systems of reasoning.

The Economic Assessment of Mergers under European Competition Law

Author : Daniel Gore
Publisher : Cambridge University Press
ISBN 13 : 110735482X
Total Pages : 559 pages
Book Rating : 4.1/5 (73 download)

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Book Synopsis The Economic Assessment of Mergers under European Competition Law by : Daniel Gore

Download or read book The Economic Assessment of Mergers under European Competition Law written by Daniel Gore and published by Cambridge University Press. This book was released on 2013-04-25 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt: This concise and practical guide to the most important economic techniques and evidence employed in modern merger control draws on the authors' extensive experience in advising on European merger cases. It offers an introduction to the relevant economic concepts and analytical tools, and stand-alone chapters provide an in-depth overview of the theoretical and practical issues related to market definition, unilateral effects, coordinated effects and non-horizontal mergers. Each form of economic evidence and analysis is illustrated with practical examples and an overview of key merger decisions.

Game Theory and Applications

Author : Deng-Feng Li
Publisher : Springer
ISBN 13 : 9811067538
Total Pages : 378 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Game Theory and Applications by : Deng-Feng Li

Download or read book Game Theory and Applications written by Deng-Feng Li and published by Springer. This book was released on 2017-10-13 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume constitutes the refereed post-conference proceedings of the 3rd Joint China-Dutch Workshop on Game Theory and Applications and the 7th China Meeting on Game Theory and Applications, GTA 2016, held in Fuzhou, China, in November 2016. The 25 revised full papers presented were carefully reviewed and selected from 60 full paper submissions. They deal with a broad range of topics in the areas of non-cooperative and cooperative games, non-cooperative and cooperative games under uncertainty and their applications.

Supply Chain

Author : Vedran Kordic
Publisher : BoD – Books on Demand
ISBN 13 : 390261322X
Total Pages : 582 pages
Book Rating : 4.9/5 (26 download)

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Book Synopsis Supply Chain by : Vedran Kordic

Download or read book Supply Chain written by Vedran Kordic and published by BoD – Books on Demand. This book was released on 2008-02-01 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally supply chain management has meant factories, assembly lines, warehouses, transportation vehicles, and time sheets. Modern supply chain management is a highly complex, multidimensional problem set with virtually endless number of variables for optimization. An Internet enabled supply chain may have just-in-time delivery, precise inventory visibility, and up-to-the-minute distribution-tracking capabilities. Technology advances have enabled supply chains to become strategic weapons that can help avoid disasters, lower costs, and make money. From internal enterprise processes to external business transactions with suppliers, transporters, channels and end-users marks the wide range of challenges researchers have to handle. The aim of this book is at revealing and illustrating this diversity in terms of scientific and theoretical fundamentals, prevailing concepts as well as current practical applications.

Insights: Frontiers in Built Environment

Author : Zhen Chen
Publisher : Frontiers Media SA
ISBN 13 : 2832547443
Total Pages : 241 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis Insights: Frontiers in Built Environment by : Zhen Chen

Download or read book Insights: Frontiers in Built Environment written by Zhen Chen and published by Frontiers Media SA. This book was released on 2024-04-08 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are now entering the third decade of the 21st Century, and, especially in recent years, the achievements made by researchers and professionals have been exceptional, leading to major advancements in the fast-growing field of the Built Environment.Frontiers has organised a series of Research Topics to highlight the latest advancements in research across the field of Built Environment with articles from the members of our accomplished Editorial Boards.

Game Theory Approach to Managerial Strategies and Value Creation

Author : Abdelhakim Hammoudi
Publisher : John Wiley & Sons
ISBN 13 : 1848219733
Total Pages : 293 pages
Book Rating : 4.8/5 (482 download)

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Book Synopsis Game Theory Approach to Managerial Strategies and Value Creation by : Abdelhakim Hammoudi

Download or read book Game Theory Approach to Managerial Strategies and Value Creation written by Abdelhakim Hammoudi and published by John Wiley & Sons. This book was released on 2018-03-13 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic players must often choose between several strategic options in a fierce competitive environment where interactions with competitors make decisions particularly complex. Game theory offers useful insights to choose an optimal decision or at least a basis for making rational decision given the constraints of the stakeholders' environment. In presenting the concepts and the logical structure of the reasoning offered by game theory and their applications, the book explains the rational process of decision making in the framework of firm management and market competition. By avoiding the usual complexity of presentation often due to mathematical formalism, the book proposes a reflection and practical insights of game theory for practitioners (managers, strategists) and social, managerial and economic researchers. The book will expose both general teachings and a comprehensive analysis applied to specific case studies of various sectors of the economy.

Language and Equilibrium

Author : Prashant Parikh
Publisher : MIT Press
ISBN 13 : 0262291665
Total Pages : 298 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis Language and Equilibrium by : Prashant Parikh

Download or read book Language and Equilibrium written by Prashant Parikh and published by MIT Press. This book was released on 2010-01-15 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new framework that shows how to derive the meaning of an utterance from first principles by modeling it as a system of interdependent games. In Language and Equilibrium, Prashant Parikh offers a new account of meaning for natural language. He argues that equilibrium, or balance among multiple interacting forces, is a key attribute of language and meaning and shows how to derive the meaning of an utterance from first principles by modeling it as a system of interdependent games. His account results in a novel view of semantics and pragmatics and describes how both may be integrated with syntax. It considers many aspects of meaning—including literal meaning and implicature—and advances a detailed theory of definite descriptions as an application of the framework. Language and Equilibrium is intended for a wide readership in the cognitive sciences, including philosophers, linguists, and artificial intelligence researchers as well as neuroscientists, psychologists, and economists interested in language and communication.

Games Real Actors Play

Author : Fritz W Scharpf
Publisher : Routledge
ISBN 13 : 0429968825
Total Pages : 335 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Games Real Actors Play by : Fritz W Scharpf

Download or read book Games Real Actors Play written by Fritz W Scharpf and published by Routledge. This book was released on 2018-03-09 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Games Real Actors Play provides a persuasive argument for the use of basic concepts of game theory in understanding public policy conflicts. Fritz Scharpf criticizes public choice theory as too narrow in its examination of actor motives and discursive democracy as too blind to the institutional incentives of political parties. With the nonspecialist in mind, the author presents a coherent actor-centered model of institutional rational choice that integrates a wide variety of theoretical contributions, such as game theory, negotiation theory, transaction cost economics, international relations, and democratic theory.Games Real Actors Play offers a framework for linking positive theory to the normative issues that necessarily arise in policy research and employs many cross-national examples, including a comparative use of game theory to understand the differing reactions of Great Britain, Sweden, Austria, and the Federal Republic of Germany to the economic stagflation of the 1970s.

Cooperation

Author : R. Tuomela
Publisher : Springer Science & Business Media
ISBN 13 : 9401595941
Total Pages : 447 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis Cooperation by : R. Tuomela

Download or read book Cooperation written by R. Tuomela and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Cooperation, A Philosophical Study, Tuomela offers the first comprehensive philosophical theory of cooperation. He builds on such notions a collective and joint goals, mutual beliefs, collective commitments, acting together and acting collectively. The book analyzes the varieties of cooperation, making use of the crucial distinction between group-mode and individual-mode cooperation. The former is based on collective goals and collective commitments, the latter on private goals and commitments. The book discusses the attitudes and the kinds of practical reasoning that cooperation requires and investigate some of the conditions under which cooperation is likely, rationally, to occur. It also shows some of the drawbacks of the standard game-theoretical treatments of cooperation and presents a survey of cooperation research in neighbouring fields. Readership: Essential reading for researchers and graduate students in philosophy. Also of interest to researchers int he social sciences and AI.

Game Theory: A Nontechnical Introduction To The Analysis Of Strategy (Fourth Edition)

Author : Roger A Mccain
Publisher : World Scientific
ISBN 13 : 9811262977
Total Pages : 548 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Game Theory: A Nontechnical Introduction To The Analysis Of Strategy (Fourth Edition) by : Roger A Mccain

Download or read book Game Theory: A Nontechnical Introduction To The Analysis Of Strategy (Fourth Edition) written by Roger A Mccain and published by World Scientific. This book was released on 2023-05-29 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: As with the previous editions, this fourth edition relies on teaching by example and the Karplus Learning Cycle to convey the ideas of game theory in a way that is approachable, intuitive, and interdisciplinary. Noncooperative equilibrium concepts such as Nash equilibrium, mixed strategy equilibria, and subgame perfect equilibrium are systematically introduced in the first half of the book. Bayesian Nash equilibrium is briefly introduced. The subsequent chapters discuss cooperative solutions with and without side payments, rationalizable strategies and correlated equilibria, and applications to elections, social mechanism design, and larger-scale games. New examples include panic buying, supply-chain shifts in the pandemic, and global warming.