Repeated Games With Private Monitoring

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Repeated Games and Reputations

Author : George J. Mailath
Publisher : Oxford University Press
ISBN 13 : 0198041217
Total Pages : 664 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis Repeated Games and Reputations by : George J. Mailath

Download or read book Repeated Games and Reputations written by George J. Mailath and published by Oxford University Press. This book was released on 2006-09-28 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: Personalized and continuing relationships play a central role in any society. Economists have built upon the theories of repeated games and reputations to make important advances in understanding such relationships. Repeated Games and Reputations begins with a careful development of the fundamental concepts in these theories, including the notions of a repeated game, strategy, and equilibrium. Mailath and Samuelson then present the classic folk theorem and reputation results for games of perfect and imperfect public monitoring, with the benefit of the modern analytical tools of decomposability and self-generation. They also present more recent developments, including results beyond folk theorems and recent work in games of private monitoring and alternative approaches to reputations. Repeated Games and Reputations synthesizes and unifies the vast body of work in this area, bringing the reader to the research frontier. Detailed arguments and proofs are given throughout, interwoven with examples, discussions of how the theory is to be used in the study of relationships, and economic applications. The book will be useful to those doing basic research in the theory of repeated games and reputations as well as those using these tools in more applied research.

Repeated Games and Reputations

Author : George J. Mailath
Publisher : Oxford University Press
ISBN 13 : 0195300793
Total Pages : 664 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis Repeated Games and Reputations by : George J. Mailath

Repeated Games

Author : Jean-François Mertens
Publisher : Cambridge University Press
ISBN 13 : 110703020X
Total Pages : 597 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Repeated Games by : Jean-François Mertens

Download or read book Repeated Games written by Jean-François Mertens and published by Cambridge University Press. This book was released on 2015-02-09 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: This landmark work significantly advances the literature on game theory with a masterful conceptual presentation of the CORE working papers published in 1994.

Repeated Games with Imperfect Private Monitoring

Author : George J. Mailath
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Repeated Games with Imperfect Private Monitoring by : George J. Mailath

Download or read book Repeated Games with Imperfect Private Monitoring written by George J. Mailath and published by . This book was released on 1998 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Repeated Games with Incomplete Information

Author : Robert J. Aumann
Publisher : MIT Press
ISBN 13 : 9780262011471
Total Pages : 372 pages
Book Rating : 4.0/5 (114 download)

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Book Synopsis Repeated Games with Incomplete Information by : Robert J. Aumann

Download or read book Repeated Games with Incomplete Information written by Robert J. Aumann and published by MIT Press. This book was released on 1995 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The basic model studied throughout the book is one in which players ignorant about the game being played must learn what they can from the actions of the others.

A Long-run Collaboration on Long-run Games

Author : Drew Fudenberg
Publisher : World Scientific
ISBN 13 : 9812818464
Total Pages : 417 pages
Book Rating : 4.8/5 (128 download)

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Book Synopsis A Long-run Collaboration on Long-run Games by : Drew Fudenberg

Download or read book A Long-run Collaboration on Long-run Games written by Drew Fudenberg and published by World Scientific. This book was released on 2009 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together the joint work of Drew Fudenberg and David Levine (through 2008) on the closely connected topics of repeated games and reputation effects, along with related papers on more general issues in game theory and dynamic games. The unified presentation highlights the recurring themes of their work.

The Oxford Handbook of the Economics of Networks

Author : Yann Bramoullé
Publisher : Oxford University Press
ISBN 13 : 0190216832
Total Pages : 857 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis The Oxford Handbook of the Economics of Networks by : Yann Bramoullé

Download or read book The Oxford Handbook of the Economics of Networks written by Yann Bramoullé and published by Oxford University Press. This book was released on 2016-03-01 with total page 857 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of the Economics of Networks represents the frontier of research into how and why networks they form, how they influence behavior, how they help govern outcomes in an interactive world, and how they shape collective decision making, opinion formation, and diffusion dynamics. From a methodological perspective, the contributors to this volume devote attention to theory, field experiments, laboratory experiments, and econometrics. Theoretical work in network formation, games played on networks, repeated games, and the interaction between linking and behavior is synthesized. A number of chapters are devoted to studying social process mediated by networks. Topics here include opinion formation, diffusion of information and disease, and learning. There are also chapters devoted to financial contagion and systemic risk, motivated in part by the recent financial crises. Another section discusses communities, with applications including social trust, favor exchange, and social collateral; the importance of communities for migration patterns; and the role that networks and communities play in the labor market. A prominent role of networks, from an economic perspective, is that they mediate trade. Several chapters cover bilateral trade in networks, strategic intermediation, and the role of networks in international trade. Contributions discuss as well the role of networks for organizations. On the one hand, one chapter discusses the role of networks for the performance of organizations, while two other chapters discuss managing networks of consumers and pricing in the presence of network-based spillovers. Finally, the authors discuss the internet as a network with attention to the issue of net neutrality.

Game Theory

Author : Steve Tadelis
Publisher : Princeton University Press
ISBN 13 : 0691129088
Total Pages : 416 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Game Theory by : Steve Tadelis

Download or read book Game Theory written by Steve Tadelis and published by Princeton University Press. This book was released on 2013-01-06 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive introduction to game theory This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory, this one begins with the idea of rationality and explores its implications for multiperson decision problems through concepts like dominated strategies and rationalizability. Only then does it present the subject of Nash equilibrium and its derivatives. Game Theory is the ideal textbook for advanced undergraduate and beginning graduate students. Throughout, concepts and methods are explained using real-world examples backed by precise analytic material. The book features many important applications to economics and political science, as well as numerous exercises that focus on how to formalize informal situations and then analyze them. Introduces the core ideas and applications of game theory Covers static and dynamic games, with complete and incomplete information Features a variety of examples, applications, and exercises Topics include repeated games, bargaining, auctions, signaling, reputation, and information transmission Ideal for advanced undergraduate and beginning graduate students Complete solutions available to teachers and selected solutions available to students

Advances in Economics and Econometrics: Volume 1

Author : Econometric Society. World Congress
Publisher : Cambridge University Press
ISBN 13 : 0521871522
Total Pages : 431 pages
Book Rating : 4.5/5 (218 download)

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Book Synopsis Advances in Economics and Econometrics: Volume 1 by : Econometric Society. World Congress

Download or read book Advances in Economics and Econometrics: Volume 1 written by Econometric Society. World Congress and published by Cambridge University Press. This book was released on 2006-08-14 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher description

Rationality and Equilibrium

Author : Charalambos D. Aliprantis
Publisher : Springer Science & Business Media
ISBN 13 : 354029578X
Total Pages : 254 pages
Book Rating : 4.5/5 (42 download)

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Book Synopsis Rationality and Equilibrium by : Charalambos D. Aliprantis

Download or read book Rationality and Equilibrium written by Charalambos D. Aliprantis and published by Springer Science & Business Media. This book was released on 2006-04-20 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a collection of original and state-of-the-art contributions in rational choice and general equilibrium theory. Among the topics are preferences, demand, equilibrium, core allocations, and testable restrictions. The contributing authors are Daniel McFadden, Rosa Matzkin, Emma Moreno-Garcia, Roger Lagunoff, Yakar Kannai, Myrna Wooders, James Moore, Ted Bergstrom, Luca Anderlini, Lin Zhou, Mark Bagnoli, Alexander Kovalenkov, Carlos Herves-Beloso, Michaela Topuzu, Bernard Cornet, Andreu Mas-Colell and Nicholas Yannelis.

Games, Strategies and Decision Making

Author : Joseph Harrington
Publisher : Macmillan
ISBN 13 : 9780716766308
Total Pages : 600 pages
Book Rating : 4.7/5 (663 download)

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Book Synopsis Games, Strategies and Decision Making by : Joseph Harrington

Download or read book Games, Strategies and Decision Making written by Joseph Harrington and published by Macmillan. This book was released on 2009 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book on game theory introduces and develops the key concepts with a minimum of mathematics. Students are presented with empirical evidence, anecdotes and strategic situations to help them apply theory and gain a genuine insight into human behaviour. The book provides a diverse collection of examples and scenarios from history, literature, sports, crime, theology, war, biology, and everyday life. These examples come with rich context that adds real-world meat to the skeleton of theory. Each chapter begins with a specific strategic situation and is followed with a systematic treatment that gradually builds understanding of the concept.

Mathematical Foundations of Game Theory

Author : Rida Laraki
Publisher : Springer Nature
ISBN 13 : 303026646X
Total Pages : 240 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Mathematical Foundations of Game Theory by : Rida Laraki

Download or read book Mathematical Foundations of Game Theory written by Rida Laraki and published by Springer Nature. This book was released on 2019-09-07 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives a concise presentation of the mathematical foundations of Game Theory, with an emphasis on strategic analysis linked to information and dynamics. It is largely self-contained, with all of the key tools and concepts defined in the text. Combining the basics of Game Theory, such as value existence theorems in zero-sum games and equilibrium existence theorems for non-zero-sum games, with a selection of important and more recent topics such as the equilibrium manifold and learning dynamics, the book quickly takes the reader close to the state of the art. Applications to economics, biology, and learning are included, and the exercises, which often contain noteworthy results, provide an important complement to the text. Based on lectures given in Paris over several years, this textbook will be useful for rigorous, up-to-date courses on the subject. Apart from an interest in strategic thinking and a taste for mathematical formalism, the only prerequisite for reading the book is a solid knowledge of mathematics at the undergraduate level, including basic analysis, linear algebra, and probability.

Twenty Lectures on Algorithmic Game Theory

Author : Tim Roughgarden
Publisher : Cambridge University Press
ISBN 13 : 1316781178
Total Pages : 356 pages
Book Rating : 4.3/5 (167 download)

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Book Synopsis Twenty Lectures on Algorithmic Game Theory by : Tim Roughgarden

Download or read book Twenty Lectures on Algorithmic Game Theory written by Tim Roughgarden and published by Cambridge University Press. This book was released on 2016-08-30 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computer science and economics have engaged in a lively interaction over the past fifteen years, resulting in the new field of algorithmic game theory. Many problems that are central to modern computer science, ranging from resource allocation in large networks to online advertising, involve interactions between multiple self-interested parties. Economics and game theory offer a host of useful models and definitions to reason about such problems. The flow of ideas also travels in the other direction, and concepts from computer science are increasingly important in economics. This book grew out of the author's Stanford University course on algorithmic game theory, and aims to give students and other newcomers a quick and accessible introduction to many of the most important concepts in the field. The book also includes case studies on online advertising, wireless spectrum auctions, kidney exchange, and network management.

The Oxford Handbook of Gossip and Reputation

Author : Francesca Giardini
Publisher : Oxford University Press
ISBN 13 : 0190494093
Total Pages : 547 pages
Book Rating : 4.1/5 (94 download)

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Book Synopsis The Oxford Handbook of Gossip and Reputation by : Francesca Giardini

Download or read book The Oxford Handbook of Gossip and Reputation written by Francesca Giardini and published by Oxford University Press. This book was released on 2019-05-22 with total page 547 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gossip and reputation are core processes in societies and have substantial consequences for individuals, groups, communities, organizations, and markets.. Academic studies have found that gossip and reputation have the power to enforce social norms, facilitate cooperation, and act as a means of social control. The key mechanism for the creation, maintenance, and destruction of reputations in everyday life is gossip - evaluative talk about absent third parties. Reputation and gossip are inseparably intertwined, but up until now have been mostly studied in isolation. The Oxford Handbook of Gossip and Reputation fills this intellectual gap, providing an integrated understanding of the foundations of gossip and reputation, as well as outlining a potential framework for future research. Volume editors Francesca Giardini and Rafael Wittek bring together a diverse group of researchers to analyze gossip and reputation from different disciplines, social domains, and levels of analysis. Being the first integrated and comprehensive collection of studies on both phenomena, each of the 25 chapters explores the current research on the antecedents, processes, and outcomes of the gossip-reputation link in contexts as diverse as online markets, non-industrial societies, organizations, social networks, or schools. International in scope, the volume is organized into seven sections devoted to the exploration of a different facet of gossip and reputation. Contributions from eminent experts on gossip and reputation not only help us better understand the complex interplay between two delicate social mechanisms, but also sketch the contours of a long term research agenda by pointing to new problems and newly emerging cross-disciplinary solutions.

Is Behavioral Economics Doomed?

Author : David K. Levine
Publisher : Open Book Publishers
ISBN 13 : 1906924929
Total Pages : 154 pages
Book Rating : 4.9/5 (69 download)

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Book Synopsis Is Behavioral Economics Doomed? by : David K. Levine

Download or read book Is Behavioral Economics Doomed? written by David K. Levine and published by Open Book Publishers. This book was released on 2012 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, David K. Levine questions the idea that behavioral economics is the answer to economic problems. He explores the successes and failures of contemporary economics both inside and outside the laboratory, and asks whether popular behavioral theories of psychological biases are solutions to the failures. The book not only provides an overview of popular behavioral theories and their history, but also gives the reader the tools for scrutinizing them.

Journal of Economic Theory

Author : Karl Shell
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.0/5 (531 download)

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Book Synopsis Journal of Economic Theory by : Karl Shell

Download or read book Journal of Economic Theory written by Karl Shell and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

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.