Repeated Games and Reputations

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Author :
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 with Incomplete Information

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Author :
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.

Repeated Games

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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.

A Long-run Collaboration on Long-run Games

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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.

Modeling Strategic Behavior: A Graduate Introduction To Game Theory And Mechanism Design

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Author :
Publisher : World Scientific
ISBN 13 : 9813239956
Total Pages : 364 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Modeling Strategic Behavior: A Graduate Introduction To Game Theory And Mechanism Design by : George J Mailath

Download or read book Modeling Strategic Behavior: A Graduate Introduction To Game Theory And Mechanism Design written by George J Mailath and published by World Scientific. This book was released on 2018-12-18 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is impossible to understand modern economics without knowledge of the basic tools of gametheory and mechanism design. This book provides a graduate-level introduction to the economic modeling of strategic behavior. The goal is to teach Economics doctoral students the tools of game theory and mechanism design that all economists should know.

The Mechanism Design Approach to Optimality in Repeated Games with Private Information

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Author :
Publisher :
ISBN 13 :
Total Pages : 158 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Mechanism Design Approach to Optimality in Repeated Games with Private Information by : David Aaron Miller

Download or read book The Mechanism Design Approach to Optimality in Repeated Games with Private Information written by David Aaron Miller and published by . This book was released on 2004 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Oxford Handbook of the Economics of Networks

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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.

Private information in large games

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis Private information in large games by : Ehud Kalai

Download or read book Private information in large games written by Ehud Kalai and published by . This book was released on 2000 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Selfish Routing and the Price of Anarchy

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Publisher : MIT Press
ISBN 13 : 9780262264358
Total Pages : 216 pages
Book Rating : 4.2/5 (643 download)

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Book Synopsis Selfish Routing and the Price of Anarchy by : Tim Roughgarden

Download or read book Selfish Routing and the Price of Anarchy written by Tim Roughgarden and published by MIT Press. This book was released on 2005-05-06 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of the loss in performance caused by selfish, uncoordinated behavior in networks. Most of us prefer to commute by the shortest route available, without taking into account the traffic congestion that we cause for others. Many networks, including computer networks, suffer from some type of this "selfish routing." In Selfish Routing and the Price of Anarchy, Tim Roughgarden studies the loss of social welfare caused by selfish, uncoordinated behavior in networks. He quantifies the price of anarchy—the worst-possible loss of social welfare from selfish routing—and also discusses several methods for improving the price of anarchy with centralized control. Roughgarden begins with a relatively nontechnical introduction to selfish routing, describing two important examples that motivate the problems that follow. The first, Pigou's Example, demonstrates that selfish behavior need not generate a socially optimal outcome. The second, the counterintiuitve Braess's Paradox, shows that network improvements can degrade network performance. He then develops techniques for quantifying the price of anarchy (with Pigou's Example playing a central role). Next, he analyzes Braess's Paradox and the computational complexity of detecting it algorithmically, and he describes Stackelberg routing, which improves the price of anarchy using a modest degree of central control. Finally, he defines several open problems that may inspire further research. Roughgarden's work will be of interest not only to researchers and graduate students in theoretical computer science and optimization but also to other computer scientists, as well as to economists, electrical engineers, and mathematicians.

Game Theory and the Law

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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.

Applied Abstract Analysis

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Publisher : John Wiley & Sons
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Applied Abstract Analysis by : Jean Pierre Aubin

Download or read book Applied Abstract Analysis written by Jean Pierre Aubin and published by John Wiley & Sons. This book was released on 1977 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Game Theory

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Publisher : MIT Press
ISBN 13 : 9780262061414
Total Pages : 616 pages
Book Rating : 4.0/5 (614 download)

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Book Synopsis Game Theory by : Drew Fudenberg

Download or read book Game Theory written by Drew Fudenberg and published by MIT Press. This book was released on 1991-08-29 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: This advanced text introduces the principles of noncooperative game theory in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. This advanced text introduces the principles of noncooperative game theory—including strategic form games, Nash equilibria, subgame perfection, repeated games, and games of incomplete information—in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. The analytic material is accompanied by many applications, examples, and exercises. The theory of noncooperative games studies the behavior of agents in any situation where each agent's optimal choice may depend on a forecast of the opponents' choices. "Noncooperative" refers to choices that are based on the participant's perceived selfinterest. Although game theory has been applied to many fields, Fudenberg and Tirole focus on the kinds of game theory that have been most useful in the study of economic problems. They also include some applications to political science. The fourteen chapters are grouped in parts that cover static games of complete information, dynamic games of complete information, static games of incomplete information, dynamic games of incomplete information, and advanced topics.

Mathematical Foundations of Game Theory

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Author :
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.

Advances in Game Theory. (AM-52), Volume 52

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Publisher : Princeton University Press
ISBN 13 : 140088201X
Total Pages : 691 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Advances in Game Theory. (AM-52), Volume 52 by : Melvin Dresher

Download or read book Advances in Game Theory. (AM-52), Volume 52 written by Melvin Dresher and published by Princeton University Press. This book was released on 2016-03-02 with total page 691 pages. Available in PDF, EPUB and Kindle. Book excerpt: The description for this book, Advances in Game Theory. (AM-52), Volume 52, will be forthcoming.

Political Game Theory

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Publisher : Cambridge University Press
ISBN 13 : 9781107438637
Total Pages : 0 pages
Book Rating : 4.4/5 (386 download)

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Book Synopsis Political Game Theory by : Nolan McCarty

Download or read book Political Game Theory written by Nolan McCarty and published by Cambridge University Press. This book was released on 2014-10-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political Game Theory is a self-contained introduction to game theory and its applications to political science. The book presents choice theory, social choice theory, static and dynamic games of complete information, static and dynamic games of incomplete information, repeated games, bargaining theory, mechanism design and a mathematical appendix covering, logic, real analysis, calculus and probability theory. The methods employed have many applications in various disciplines including comparative politics, international relations and American politics. Political Game Theory is tailored to students without extensive backgrounds in mathematics, and traditional economics, however there are also many special sections that present technical material that will appeal to more advanced students. A large number of exercises are also provided to practice the skills and techniques discussed.

Collected Papers

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Publisher : MIT Press
ISBN 13 : 9780262011549
Total Pages : 806 pages
Book Rating : 4.0/5 (115 download)

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Book Synopsis Collected Papers by : Robert J. Aumann

Download or read book Collected Papers written by Robert J. Aumann and published by MIT Press. This book was released on 2000 with total page 806 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robert Aumann's career in game theory has spanned over research - from his doctoral dissertation in 1956 to papers as recent as January 1995. Threaded through all of Aumann's work (symbolized in his thesis on knots) is the study of relationships between different ideas, between different phenomena, and between ideas and phenomena. When you look closely at one scientific idea, writes Aumann, you find it hitched to all others. It is these hitches that I have tried to study.

An Introduction to Game Theory

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Publisher : Oxford University Press, USA
ISBN 13 : 9780195322484
Total Pages : 533 pages
Book Rating : 4.3/5 (224 download)

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Book Synopsis An Introduction to Game Theory by : Martin J. Osborne

Download or read book An Introduction to Game Theory written by Martin J. Osborne and published by Oxford University Press, USA. This book was released on 2009-01 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text emphasizes the ideas behind modern game theory rather than their mathematical expression, but defines all concepts precisely. It covers strategic, extensive and coalitional games and includes the topics of repeated games, bargaining theory and evolutionary equilibrium.