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Author : Reinhard Selten
Publisher :
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.:/5 (763 download)
Download or read book The Chain Store Paradox written by Reinhard Selten and published by . This book was released on 1974 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Reinhard Selten
Publisher :
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.:/5 (721 download)
Download or read book The chain store paradox written by Reinhard Selten and published by . This book was released on 1974 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Barry Schwartz
Publisher : Harper Collins
ISBN 13 : 0061748994
Total Pages : 308 pages
Book Rating : 4.0/5 (617 download)
Download or read book The Paradox of Choice written by Barry Schwartz and published by Harper Collins. This book was released on 2009-10-13 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether we're buying a pair of jeans, ordering a cup of coffee, selecting a long-distance carrier, applying to college, choosing a doctor, or setting up a 401(k), everyday decisions—both big and small—have become increasingly complex due to the overwhelming abundance of choice with which we are presented. As Americans, we assume that more choice means better options and greater satisfaction. But beware of excessive choice: choice overload can make you question the decisions you make before you even make them, it can set you up for unrealistically high expectations, and it can make you blame yourself for any and all failures. In the long run, this can lead to decision-making paralysis, anxiety, and perpetual stress. And, in a culture that tells us that there is no excuse for falling short of perfection when your options are limitless, too much choice can lead to clinical depression. In The Paradox of Choice, Barry Schwartz explains at what point choice—the hallmark of individual freedom and self-determination that we so cherish—becomes detrimental to our psychological and emotional well-being. In accessible, engaging, and anecdotal prose, Schwartz shows how the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution. Schwartz also shows how our obsession with choice encourages us to seek that which makes us feel worse. By synthesizing current research in the social sciences, Schwartz makes the counter intuitive case that eliminating choices can greatly reduce the stress, anxiety, and busyness of our lives. He offers eleven practical steps on how to limit choices to a manageable number, have the discipline to focus on those that are important and ignore the rest, and ultimately derive greater satisfaction from the choices you have to make.
Author : Brigitte Adolph
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Reputation and Imperfectly Observable Commitment written by Brigitte Adolph and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In their seminal solution of the chain store paradox Kreps and Wilson assumed that the incumbent monopolist is predisposed, with a small probability, to ght entry. Milgrom and Roberts suggested to view this predisposition to ght as a result of precommitment to an aggressive course of action. However, they did not examine whether such an ability to make commitments is actually chosen by a rational incumbent monopolist. The present paper fills this gap. We assume that the monopolist has access to an appropriate commitment mechanism, with a small probability. Due to the possibility of misunderstanding or communication error, commitments are not perfectly observable. Otherwise, the assumptions of Kreps and Wilson are maintained. These plausible modifications have drastic implications: Precommitment becomes useless, and reputation effects break down; Selten's chain store paradox comes back in full force.
Author : Alexander Mehlmann
Publisher : American Mathematical Soc.
ISBN 13 : 0821821210
Total Pages : 186 pages
Book Rating : 4.8/5 (218 download)
Download or read book The Game's Afoot! Game Theory in Myth and Paradox written by Alexander Mehlmann and published by American Mathematical Soc.. This book was released on 2000 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: It all started with von Neumann and Morgenstern half a century ago. Their Theory of Games and Economic Behavior gave birth to a whole new area of mathematics concerned with the formal problems of rational decision as experienced by multiple agents. Now, game theory is all around us, making its way even into regular conversations. In the present book, Mehlmann presents mathematical foundations and concepts illustrated via social quandaries, mock political battles, evolutionary confrontations, economic struggles, and literary conflict. Most of the standard models - the prisoners' dilemma, the arms race, evolution, duels, the game of chicken, etc. - are here. Many non-standard examples are also here: the Legend of Faust, shootouts in the movies, the Madness of Odysseus, to name a few. The author uses familiar formulas, fables, and paradoxes to guide readers through what he calls the "hall of mirrors of strategic decision-making". His light-hearted excursion into the world of strategic calculation shows that even deep insights into the nature of strategic thought can be elucidated by games, puzzles and diversions. Originally written in German and published by Vieweg-Verlag, this AMS edition is a translation tailored for the English-speaking reader. It offers an intriguing look at myths and paradoxes through the lens of game theory, bringing the mathematics into sharper focus at the same time. This book is a must for those who wish to consider game theory from a different perspective: one that embraces science, literature, and real-life conflict. The Game's Afoot! would make an excellent book for an undergraduate course in game theory. It can also be used for independent study or as supplementary course reading. The connections to literature, films and everyday life also make it highly suitable as a text for a challenging course for non-majors. Its refreshing style and amusing combination of game theoretic analysis and cultural issues even make it appealing as recreational reading.
Author : Srihari Govindan
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (61 download)
Download or read book Stability and the Chain Store Paradox written by Srihari Govindan and published by . This book was released on 1991 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Reinhard Selten
Publisher : Springer Science & Business Media
ISBN 13 : 9401577749
Total Pages : 319 pages
Book Rating : 4.4/5 (15 download)
Download or read book Models of Strategic Rationality written by Reinhard Selten and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers collected in this volume relate to game theory. They aim at the elaboration and discussion of basic con cepts, at the analysis of specific applied models and at the evaluation of experimental evidence. A game is a mathematical model of a situation where several actors with different goals are engaged in strategic inter action. Game theory explores the nature and the consequence. s of rational behavior in games. With respect to several papers in this volume, it seems to be appropriate to comment on later developments. A list of some important references is given at the end of the intro duction. References already included in the collected pa pers are not repeated here. In casual conversation colleagues sometimes observe that the author on the one hand goes to extremes in the elabora tion of the consequences of Bayesian rationality and on the other hand strongly emphasizes the limited rationality of actual decision behavior. This seeming discrepancy is also expressed in the collection presented here. The author thinks that a sharp distinction should be made between nor ~ative and descriptive game theory. This position of "methodological dualism" has been expressed in a comment to Aumann's paper "What is game theory trying to accomplish?" (Aumann, 1985, Selten 1985) Normative game theory has the important task to explore the nature and the consequences of idealized full rationality in strategic interaction. This requires a thorough discuss ion of first principles. Empirical arguments are irrelevant here.
Author : Wendy K. Smith
Publisher : Oxford University Press
ISBN 13 : 019106937X
Total Pages : 528 pages
Book Rating : 4.1/5 (91 download)
Download or read book The Oxford Handbook of Organizational Paradox written by Wendy K. Smith and published by Oxford University Press. This book was released on 2017-09-07 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: The notion of paradox dates back to ancient philosophy, yet only recently have scholars started to explore this idea in organizational phenomena. Two decades ago, a handful of provocative theorists urged researchers to take seriously the study of paradox, and thereby deepen our understanding of plurality, tensions, and contradictions in organizational life. Studies of organizational paradox have grown exponentially over the past two decades, canvassing varied phenomena, methods, and levels of analysis. These studies have explored such tensions as today and tomorrow, global integration and local distinctions, collaboration and competition, self and others, mission and markets. Yet even with both the depth and breadth of interest in organizational paradoxes, key issues around definitions and application remain. This handbook seeks to aid, engage, and fuel the expanding interest in organizational paradox. Contributions to this volume depict how paradox studies inform, and are informed, by other theoretical perspectives, while creating a resource that enables scholars to learn about and apply this lens across varied organizational phenomena. The increasing complexity, volatility, and ambiguity in our world continually surfaces paradoxical dynamics. Thus, this handbook offers insights to scholars across organizational theory.
Author : Doris Olin
Publisher : Routledge
ISBN 13 : 1317489233
Total Pages : 233 pages
Book Rating : 4.3/5 (174 download)
Download or read book Paradox written by Doris Olin and published by Routledge. This book was released on 2014-12-18 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paradoxes are more than just intellectual puzzles - they raise substantive philosophical issues and offer the promise of increased philosophical knowledge. In this introduction to paradox and paradoxes, Doris Olin shows how seductive paradoxes can be, why they confuse and confound, and why they continue to fascinate. Olin examines the nature of paradox, outlining a rigorous definition and providing a clear and incisive statement of what does and does not count as a resolution of a paradox. The view that a statement can be both true and false, that contradictions can be true, is seen to provide a challenge to the account of paradox resolution, and is explored. With this framework in place, the book then turns to an in-depth treatment of the Prediction Paradox, versions of the Preface/Fallibility Paradox, the Lottery Paradox, Newcomb's Problem, the Prisoner's Dilemma and the Sorites Paradox. Each of these paradoxes is shown to have considerable philosophical punch. Olin unpacks the central arguments in a clear and systematic fashion, offers original analyses and solutions, and exposes further unsettling implications for some of our most deep-seated principles and convictions.
Author : Robert Bork
Publisher :
ISBN 13 : 9781736089712
Total Pages : 536 pages
Book Rating : 4.0/5 (897 download)
Download or read book The Antitrust Paradox written by Robert Bork and published by . This book was released on 2021-02-22 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Author : Walter Trockel
Publisher :
ISBN 13 :
Total Pages : 17 pages
Book Rating : 4.:/5 (831 download)
Download or read book The Chain-store Paradox Revisited written by Walter Trockel and published by . This book was released on 1984 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Shibley Telhami
Publisher : Columbia University Press
ISBN 13 : 9780231072144
Total Pages : 306 pages
Book Rating : 4.0/5 (721 download)
Download or read book Power and Leadership in International Bargaining written by Shibley Telhami and published by Columbia University Press. This book was released on 1990 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Telhami (government, Cornell U.) explores the events leading to the signing of the Camp David Accords to assess the relative weight of military and economic power, systems of government, and political leadership in explaining outcomes of international bargaining. Originally published (cloth) in 1990. Annotation copyrighted by Book News, Inc., Portland, OR
Author : David M. Kreps
Publisher :
ISBN 13 :
Total Pages : 74 pages
Book Rating : 4.:/5 (79 download)
Download or read book On the Chain-store Paradox and Predation written by David M. Kreps and published by . This book was released on 1980 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Barbara F. Walter
Publisher : Cambridge University Press
ISBN 13 : 0521763525
Total Pages : 271 pages
Book Rating : 4.5/5 (217 download)
Download or read book Reputation and Civil War written by Barbara F. Walter and published by Cambridge University Press. This book was released on 2009-08-27 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempts to resolve why self-determination disputes between governments and ethnic minorities so often result in civil war.
Author : Jordi Massó
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (319 download)
Download or read book A Note on Reputation written by Jordi Massó and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Eric van Damme
Publisher : Springer Science & Business Media
ISBN 13 : 364296978X
Total Pages : 331 pages
Book Rating : 4.6/5 (429 download)
Download or read book Stability and Perfection of Nash Equilibria written by Eric van Damme and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last decade has seen a steady increase in the application of concepts from noncooperative game theory to such diverse fields as economics, political science, law, operations research, biology and social psychology. As a byproduct of this increased activity, there has been a growing awareness of the fact that the basic noncooperative solution concept, that of Nash equilibrium, suffers from severe drawbacks. The two main shortcomings of this concept are the following: (i) In extensive form games, a Nash strategy may prescribe off the equilibrium path behavior that is manifestly irrational. (Specifically, Nash equilibria may involve incredible threats), (ii) Nash equilibria need not be robust with respect to small perturbations in the data of the game. Confronted with the growing evidence to the detriment of the Nash concept, game theorists were prompted to search for more refined equilibrium notions with better properties and they have come up with a wide array of alternative solution concepts. This book surveys the most important refinements that have been introduced. Its objectives are fourfold (i) to illustrate desirable properties as well as drawbacks of the various equilibrium notions by means of simple specific examples, (ii) to study the relationships between the various refinements, (iii) to derive simplifying characterizations, and (iv) to discuss the plausibility of the assumptions underlying the concepts.
Author :
Publisher : PediaPress
ISBN 13 :
Total Pages : 683 pages
Book Rating : 4./5 ( download)
Download or read book Paradoxes written by and published by PediaPress. This book was released on with total page 683 pages. Available in PDF, EPUB and Kindle. Book excerpt:
