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Game Theory Applied To A Policy Problem Of Rice Farmers
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Book Synopsis Game Theory Applied to a Policy Problem of Rice Farmers by : Max R. Langham
Download or read book Game Theory Applied to a Policy Problem of Rice Farmers written by Max R. Langham and published by . This book was released on 1962 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Game Theory and Policy Making in Natural Resources and the Environment by : Ariel Dinar
Download or read book Game Theory and Policy Making in Natural Resources and the Environment written by Ariel Dinar and published by Routledge. This book was released on 2008-01-31 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book includes chapters by experts from developing and developed countries that apply game theory to issues in natural resources and the environment, demonstrating the usefulness of game theory in policy-making and appealing to a wide audience.
Book Synopsis Game Theory Applications in Socially Responsible Operations and Operations-Marketing Interface by : Chen-Nan Liao
Download or read book Game Theory Applications in Socially Responsible Operations and Operations-Marketing Interface written by Chen-Nan Liao and published by . This book was released on 2015 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation includes three chapters: (1) Farmers' Information Management in Developing Countries - A Highly Asymmetric Information Structure. (2) Information Provision Policies for Improving Farmer Welfare in Developing Countries: Heterogeneous Farmers and Market Selection. (3) Role of Exchangeable Tickets in the Optimal Menu Design for Airline Tickets. The first chapter studies farmers' information management and utilization problems in developing countries. In these countries, governments, non-governmental organizations, and social entrepreneurs are disseminating agriculture information to farmers to improve their welfare. However, instead of having direct access to the information, farmers usually acquire information from local social networks, and, thus, they may have very different information channels. In this paper, we establish a general framework that accommodates highly asymmetric information structures to capture the fact that information is transmitted indirectly through the social network. In our model, a bipartite graph describes which subset of signals is accessible to a farmer. We characterize a unique Bayesian Nash equilibrium and express farmers' strategies and expected profits in closed forms. We discuss properties of this equilibrium and show that asymmetric information structures can lead to various novel results. We also conduct comprehensive studies on the equilibrium in the "weak signal limit", where signals are subject to substantial noise. We examine the government's optimal information allocation in this limit when its goal is to maximize (1) farmers' total profits or (2) the social welfare. In the second chapter, we examine the impact of information provision policies on farmer welfare in developing countries where farmers lack relevant and timely information for making informed decisions regarding which crop to grow and which market to sell in. In addition to heterogeneous farmers, we consider the case when farmers are price takers and yet the price of each crop (or the price in each market) is a linearly decreasing function of the total sales quantity. When market information is offered free-of-charge, we show that: (a) providing information is always beneficial to farmers at the individual level; and (b) providing information to all farmers may not be welfare maximizing at the aggregate level. To maximize farmer welfare, it is optimal to provide information to a targeted group of farmers who are located far away from either market. However, to overcome perceived unfairness among farmers, we show that the government should provide information to all farmers at a nominal fee so that the farmers will adopt the intended optimal provision policy willingly. We extend our analysis to examine different issues including: precision of market information, and information dissemination via a for-profit company. The third chapter examines the optimal menu design problem with three types of tickets: refundable, nonrefundable, and exchangeable tickets. We identify the role of exchangeable tickets in trapping consumers and show that for the seller, it is inherently more profitable than the other two types of tickets. On the other hand, increasing the flexibility of exchangeable tickets may dampen the seller's profitability. The analysis also reveals that cancellation fees are used as instruments to adjust the differences between consumers' willingness to pay, and when they are adopted, the seller has less incentive to sell nonrefundable tickets. Our results also explain why menu offerings, while prevalent in the airline industry, are so scant in commodity goods markets.
Book Synopsis A Survey of Agricultural Economics Literature by : Lee R. Martin
Download or read book A Survey of Agricultural Economics Literature written by Lee R. Martin and published by U of Minnesota Press. This book was released on 1977 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Journal of Farm Economics written by and published by . This book was released on 1963 with total page 1006 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Readings in Managerial Economics by : I. B. Ibrahim
Download or read book Readings in Managerial Economics written by I. B. Ibrahim and published by Elsevier. This book was released on 2013-10-22 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Readings in Managerial Economics is a five-part book that deals with the major subject areas of decision making; forecasting and demand analysis; production and cost; pricing and market structure; and capital budgeting and profit. This book combines a number of diverse articles, selected from recent issues of over fifty leading professional publication. Some of the articles deal principally with theory, some with applications, and some with both. This book will be useful for students and executives interested in this subject matter.
Book Synopsis Socio-Economic Models in Geography (Routledge Revivals) by : Richard Chorley
Download or read book Socio-Economic Models in Geography (Routledge Revivals) written by Richard Chorley and published by Routledge. This book was released on 2013-10-14 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1968, this book explores the theme of geographical generalization, or model building. It is composed of seven of the chapters from the original Models in Geography, published in 1967. The first chapter broadly outlines this theme and examines the nature and function of generalized statements, ranging from conceptual models to scale models, in a geographical context. The following six chapters deal with socio-economic building in geography. They focus on demographic and sociological models as well as looking at special aspects of models in human geography in reference to economic development, urban geography and settlement location, industrial location, and agricultural activity. This book represents a robustly anti-idiographic statement of modern work in one of the major branches of geography.
Book Synopsis A Theoretical Approach to Rural Land-use Patterns by : William C. Found
Download or read book A Theoretical Approach to Rural Land-use Patterns written by William C. Found and published by Macmillan of Canada. This book was released on 1971 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: For land economists, ecologists, geographers and anyone concerned with the planning of land resource use.
Book Synopsis The World Bank Research Program, 2005-2007 by :
Download or read book The World Bank Research Program, 2005-2007 written by and published by World Bank Publications. This book was released on 2008 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.
Book Synopsis The Risk of Damage to Water Resource Projects from Unusual Physical Occurrences by : D. C. Williams (Jr.)
Download or read book The Risk of Damage to Water Resource Projects from Unusual Physical Occurrences written by D. C. Williams (Jr.) and published by . This book was released on 1968 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Game Theory and Public Policy by : Roger A. McCain
Download or read book Game Theory and Public Policy written by Roger A. McCain and published by Edward Elgar Publishing. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory is useful in understanding collective human activity as the outcome of interactive decisions. In recent years it has become a more prominent aspect of research and applications in public policy disciplines such as economics, philosophy, management and political science, and in work within public policy itself. Here Roger McCain makes use of the analytical tools of game theory with the pragmatic purpose of identifying problems and exploring potential solutions in public policy. In practice, the influence of game theory on public policy and related disciplines has been less a consequence of broad theorems than of insightful examples. Accordingly, the author offers a critical review of major topics from both cooperative and noncooperative game theory, including less-known ideas in noncooperative game theory and constructive proposals for new approaches. In so doing, he provides a toolkit for the analysis of public policy as well as a clearer understanding of the public policy enterprise itself. The author's unique approach and treatment of game theory will be a useful resource for students and scholars of economics and public policy, as well as for policymakers themselves.
Book Synopsis Readings in Production Economics by : Dale Colyer
Download or read book Readings in Production Economics written by Dale Colyer and published by . This book was released on 1969 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bibliography of Agriculture written by and published by . This book was released on 1958 with total page 1176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book D.A.E. Research Report written by and published by . This book was released on 1962 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Seminar on Farm Production, Planning and Programming by : Indian Society of Agricultural Economics
Download or read book Seminar on Farm Production, Planning and Programming written by Indian Society of Agricultural Economics and published by . This book was released on 1965 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Game Theory Approach to Agricultural Support Policies by : Erdogan Emrah Hatunoglu
Download or read book A Game Theory Approach to Agricultural Support Policies written by Erdogan Emrah Hatunoglu and published by . This book was released on 2014 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Mathematical Economics and Mathematical Models of Economic Growth by :
Download or read book Mathematical Economics and Mathematical Models of Economic Growth written by and published by Eno River Press. This book was released on 1981 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: