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Author : Suren Basov
Publisher :
ISBN 13 : 9780734025364
Total Pages : 13 pages
Book Rating : 4.0/5 (253 download)
Download or read book Quantal Response Equilibrium with Non-monotone Probabilities written by Suren Basov and published by . This book was released on 2003 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jacob K. Goeree
Publisher : Princeton University Press
ISBN 13 : 1400880920
Total Pages : 328 pages
Book Rating : 4.4/5 (8 download)
Download or read book Quantal Response Equilibrium written by Jacob K. Goeree and published by Princeton University Press. This book was released on 2016-06-28 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantal Response Equilibrium presents a stochastic theory of games that unites probabilistic choice models developed in psychology and statistics with the Nash equilibrium approach of classical game theory. Nash equilibrium assumes precise and perfect decision making in games, but human behavior is inherently stochastic and people realize that the behavior of others is not perfectly predictable. In contrast, QRE models choice behavior as probabilistic and extends classical game theory into a more realistic and useful framework with broad applications for economics, political science, management, and other social sciences. Quantal Response Equilibrium spans the range from basic theoretical foundations to examples of how the principles yield useful predictions and insights in strategic settings, including voting, bargaining, auctions, public goods provision, and more. The approach provides a natural framework for estimating the effects of behavioral factors like altruism, reciprocity, risk aversion, judgment fallacies, and impatience. New theoretical results push the frontiers of models that include heterogeneity, learning, and well-specified behavioral modifications of rational choice and rational expectations. The empirical relevance of the theory is enhanced by discussion of data from controlled laboratory experiments, along with a detailed users' guide for estimation techniques. Quantal Response Equilibrium makes pioneering game-theoretic methods and interdisciplinary applications available to a wide audience.
Author : John H. Aldrich
Publisher : University of Michigan Press
ISBN 13 : 9780472069866
Total Pages : 516 pages
Book Rating : 4.0/5 (698 download)
Download or read book Positive Changes in Political Science written by John H. Aldrich and published by University of Michigan Press. This book was released on 2007 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Richard McKelvey's classic papers, accompanied by original essays by leading names in the field
Author : Suren Basov
Publisher : Nova Publishers
ISBN 13 : 9781600217067
Total Pages : 150 pages
Book Rating : 4.2/5 (17 download)
Download or read book Partial Differential Equations in Economics and Finance written by Suren Basov and published by Nova Publishers. This book was released on 2007 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the basic theory of partial differential equations of the first and second order and discusses their applications in economics and finance. It starts with well-known applications to consumer and producer theory, and to the theory of option pricing and then introduces new applications that emerge from current research (some of which is the author's own) in bounded rationality, game theory, and multi-dimensional screening.
Author :
Publisher : Springer
ISBN 13 : 1349588024
Total Pages : 7493 pages
Book Rating : 4.3/5 (495 download)
Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Author : Patricia Wruuck
Publisher : Springer
ISBN 13 : 3319112244
Total Pages : 167 pages
Book Rating : 4.3/5 (191 download)
Download or read book The Political Economy of Anti-dumping Protection written by Patricia Wruuck and published by Springer. This book was released on 2015-02-09 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with anti-dumping measures (AD) and investigates two questions: First, what country characteristics affect AD use and notably, do domestic political institutions have an effect? Second, (how) is the decision to impose a new AD measure affected by anticipation of trading partners’ potential retaliation? This book applies a strategic perspective to AD to address these questions, presenting a game-theoretic model together with an empirical test. The approach sheds light on the dynamics of interaction between trading partners and allows to capture selection processes which underpin the trade restrictions that can actually be observed. The book provides a fresh look on when and how trading powers apply antidumping measures, how this is shaped by strategic interaction and whether institutions do make a difference to the outcome. In a period in which the international trading system has to cope with numerous stresses such as an increased resort to administered protection largely by big emerging economies, this is a timely and important contribution. Dr. Klaus Günter Deutsch, Managing Director, Research, Economic and Industrial Policy, German Federation of Industries This book successfully integrates two research traditions in international politics – the traditional view that looks at domestic factors of anti-dumping policies and the strategic view that conditions the imposition of anti-dumping measures on the likely, retaliatory behavior of the trading partner. The result is an informative and constructive examination of anti-dumping protection and trade wars in the WTO. Prof. Dr. Thomas Bräuninger, Chair of Political Economy, University of Mannheim, Germany "The Political Economy of Anti-Dumping Protection - A Strategic Analysis" is a major contribution to the important and growing field international political economy. Starting with the “traditional” comparative institutional analysis, which focuses on the implications of democratic and non-democratic regimes for using anti-dumping measures in trade politics, the second part applies a strategic perspective on this type of sanctions uncovering the dynamic interactions between a challenging and challenged countries. For all those interested in understanding the logic of sanctions, the role of institutions, and in how to examine the implications of theoretical models for international political economy this book is a “must read". Prof. Dr. Thomas König, Chair of Political Science II, University of Mannheim, Germany.
Author : Steven Durlauf
Publisher : Springer
ISBN 13 : 0230280781
Total Pages : 267 pages
Book Rating : 4.2/5 (32 download)
Download or read book Behavioural and Experimental Economics written by Steven Durlauf and published by Springer. This book was released on 2016-04-30 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.
Author : Haurie Alain
Publisher : World Scientific Publishing Company
ISBN 13 : 981440134X
Total Pages : 488 pages
Book Rating : 4.8/5 (144 download)
Download or read book Games And Dynamic Games written by Haurie Alain and published by World Scientific Publishing Company. This book was released on 2012-03-23 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dynamic games arise between players (individuals, firms, countries, animals, etc.) when the strategic interactions among them recur over time and decisions made during one period affect both current and future payoffs. Dynamic games provide conceptually rich paradigms and tools to deal with these situations.This volume provides a uniform approach to game theory and illustrates it with present-day applications to economics and management, including environmental, with the emphasis on dynamic games.At the end of each chapter a case study called game engineering (GE) is provided, to help readers understand how problems of high social priority, such as environmental negotiations, exploitation of common resources, can be modeled as games and how solutions can be engineered.
Author : Leigh Tesfatsion
Publisher : Elsevier
ISBN 13 : 0080459870
Total Pages : 905 pages
Book Rating : 4.0/5 (84 download)
Download or read book Handbook of Computational Economics written by Leigh Tesfatsion and published by Elsevier. This book was released on 2006-05-15 with total page 905 pages. Available in PDF, EPUB and Kindle. Book excerpt: The explosive growth in computational power over the past several decades offers new tools and opportunities for economists. This handbook volume surveys recent research on Agent-based Computational Economics (ACE), the computational study of economic processes modeled as dynamic systems of interacting agents. Empirical referents for "agents" in ACE models can range from individuals or social groups with learning capabilities to physical world features with no cognitive function. Topics covered include: learning; empirical validation; network economics; social dynamics; financial markets; innovation and technological change; organizations; market design; automated markets and trading agents; political economy; social-ecological systems; computational laboratory development; and general methodological issues. *Every volume contains contributions from leading researchers *Each Handbook presents an accurate, self-contained survey of a particular topic *The series provides comprehensive and accessible surveys
Author : Takashi Ui
Publisher :
ISBN 13 :
Total Pages : 178 pages
Book Rating : 4.F/5 ( download)
Download or read book Quantal Response, Potentials, and Stochastic Stability of Equilibria written by Takashi Ui and published by . This book was released on 1997 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 554 pages
Book Rating : 4.0/5 ( download)
Download or read book American Economic Journal written by and published by . This book was released on 2009-02 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Laobing Zhang
Publisher : Springer
ISBN 13 : 3319926187
Total Pages : 157 pages
Book Rating : 4.3/5 (199 download)
Download or read book Game Theory for Managing Security in Chemical Industrial Areas written by Laobing Zhang and published by Springer. This book was released on 2018-07-09 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book systematically studies how game theory can be used to improve security in chemical industrial areas, capturing the intelligent interactions between security managers and potential adversaries. The recent unfortunate terrorist attacks on critical infrastructures show that adversaries are intelligent and strategic. Game theoretic models have been extensively used in some domains to model these strategic adversaries. However, there is a lack of such advanced models to be employed by chemical security managers. In this book, game theoretic models for protecting chemical plants as well as clusters are proposed. Different equilibrium concepts are explored, with user-friendly explanation of how to reflect them to realistic cases. Based on efficient analysis of the properties of security issues in chemical plants/clusters, models in this book are capable to support resources allocations, cost-effectiveness analysis, cooperation incentives and alike.
Author : John H. Kagel
Publisher : Princeton University Press
ISBN 13 : 1400883172
Total Pages : 776 pages
Book Rating : 4.4/5 (8 download)
Download or read book The Handbook of Experimental Economics written by John H. Kagel and published by Princeton University Press. This book was released on 2016-09-20 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt: An indispensable survey of new developments and results in experimental economics When The Handbook of Experimental Economics first came out in 1995, the notion of economists conducting lab experiments to generate data was relatively new. Since then, the field has exploded. This second volume of the Handbook covers some of the most exciting new growth areas in experimental economics, presents the latest results and experimental methods, and identifies promising new directions for future research. Featuring contributions by leading practitioners, the Handbook describes experiments in macroeconomics, charitable giving, neuroeconomics, other-regarding preferences, market design, political economy, subject population effects, gender effects, auctions, and learning and the economics of small decisions. Contributors focus on key developments and report on experiments, highlighting the dialogue between experimenters and theorists. While most of the experiments consist of laboratory studies, the book also includes several chapters that report extensively on field experiments related to the subject area studied. Covers exciting new growth areas in experimental economics Features contributions by leading experts Describes experiments in macroeconomics, charitable giving, neuroeconomics, market design, political economy, gender effects, auctions, and more Highlights the dialogue by experimenters with theorists and each other Includes several chapters covering field experiments related to the subject area studied
Author :
Publisher :
ISBN 13 :
Total Pages : 374 pages
Book Rating : 4.:/5 (318 download)
Download or read book Journal of Economic Literature written by and published by . This book was released on 2005 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 1228 pages
Book Rating : 4.3/5 (91 download)
Download or read book Mathematical Reviews written by and published by . This book was released on 2006 with total page 1228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Genserik Reniers
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110499088
Total Pages : 201 pages
Book Rating : 4.1/5 (14 download)
Download or read book Security Risk Assessment written by Genserik Reniers and published by Walter de Gruyter GmbH & Co KG. This book was released on 2017-11-20 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the state-of-the-art of physical security knowledge and research in the chemical and process industries. Legislation differences between Europe and the USA are investigated, followed by an overview of the how, what and why of contemporary security risk assessment in this particular industrial sector. Innovative solutions such as attractiveness calculations and the use of game theory, advancing the present science of adversarial risk analysis, are discussed. The book further stands up for developing and employing dynamic security risk assessments, for instance based on Bayesian networks, and using OR methods to truly move security forward in the chemical and process industries.
Author : Sajal K. Das
Publisher : Springer
ISBN 13 : 3319027867
Total Pages : 273 pages
Book Rating : 4.3/5 (19 download)
Download or read book Decision and Game Theory for Security written by Sajal K. Das and published by Springer. This book was released on 2013-10-30 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 4th International Conference on Decision and Game Theory for Security, GameSec 2013, held in Fort Worth, TX, USA, in November 2013. The 15 revised full papers presented were carefully reviewed and selected from numerous submissions. The conference focuses on analytical models based on game, information, communication, optimization, decision, and control theories that are applied to diverse security topics. At the same time, the connection between theoretical models and real world security problems are emphasized to establish the important feedback loop between theory and practice. Observing the scarcity of venues for researchers who try to develop a deeper theoretical understanding of the underlying incentive and resource allocation issues in security, we believe that GameSec will fill an important void and serve as a distinguished forum of highest standards for years to come.
