Value Solutions In Cooperative Games

Value Solutions In Cooperative Games
Author: Roger A Mccain
Publisher: World Scientific
Total Pages: 236
Release: 2013-03-07
Genre: Mathematics
ISBN: 9814417416

This book introduces new concepts for cooperative game theory, and particularly solutions that determine the distribution of a coalitional surplus among the members of the coalition. It also addresses several generalizations of cooperative game theory. Drawing on methods of welfare economics, new value solutions are derived for Non-Transferable Utility games with and without differences of bargaining power among the members of the coalition. Cooperation in intertemporal games is examined, and conditions that permit the reduction of these games to games in coalition function form are outlined. Biform games and games that combine non-cooperative search and matching of coalition members with cooperative solutions (i.e., efficient contracts) within the coalition are considered.

Cooperation: Game-Theoretic Approaches

Cooperation: Game-Theoretic Approaches
Author: Sergiu Hart
Publisher: Springer Science & Business Media
Total Pages: 331
Release: 2012-12-06
Genre: Computers
ISBN: 3642604544

Issues relating to the emergence, persistence, and stability of cooperation among social agents of every type are widely recognized to be of paramount importance. They are also analytically difficult and intellectually challenging. This book, arising from a NATO Advanced Study Institute held at SUNY in 1994, is an up-to-date presentation of the contribution of game theory to the subject. The contributors are leading specialists who focus on the problem from the many different angles of game theory, including axiomatic bargaining theory, the Nash program of non-cooperative foundations, game with complete information, repeated and sequential games, bounded rationality methods, evolutionary theory, experimental approaches, and others. Together they offer significant progress in understanding cooperation.

Game Theory and Public Policy

Game Theory and Public Policy
Author: Roger A. McCain
Publisher: Edward Elgar Publishing
Total Pages: 269
Release: 2010
Genre: Political Science
ISBN: 1849802203

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.

The Theory of Social Situations

The Theory of Social Situations
Author: Joseph Greenberg
Publisher: Cambridge University Press
Total Pages: 204
Release: 1990-10-26
Genre: Business & Economics
ISBN: 9780521376891

This book, first published in 1991, offers an integrative approach to the study of formal models in the social and behavioural sciences. The theory presented here unifies both the representation of the social environment and the equilibrium concept. The theory requires that all alternatives that are available to the players be specified in an explicit and detailed manner, and this specification is defined as a social 'situation'. A situation, therefore, not only consists of the alternatives currently available to the players, but also includes the set of opportunities that might be induced by the players from their current environment. The theory requires that all recommended alternatives be both internally and externally stable; the recommendation cannot be self-defeating and, at the same time, should account for alternatives that were not recommended. In addition to unifying the representation and the solution concept, the theory also extends the social environments accommodated by current game theory.

Knowledge, Beliefs and Economics

Knowledge, Beliefs and Economics
Author: R. Arena
Publisher: Edward Elgar Publishing
Total Pages: 289
Release: 2006-01-01
Genre: Psychology
ISBN: 1847201539

The contributors to this book also suggest the need for a more integrated perspective on the meaning, as well as the role, of knowledge and beliefs in economics in the future. Possible lines of future research such as the extension of the concept of rationality in economics or the focus on cognitive processes in economic action are discussed.

DGOR

DGOR
Author: G. Fandel
Publisher: Springer Science & Business Media
Total Pages: 689
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642681182

Die schon seit einigen Jahren beobachtbare erfreuliche Tendenz, daB die Jahrestagungen der Deutschen Gesellschaft fOr Operations Research zunehmend von allen Interessentengruppen . der Unternehmensforschung innerhalb sowie auBerhalb der Gesellschaft als willkommenes Forum fOr einen breiten, dabei aber zugleich auch intensiven wissenschaftlichen Meinungs- und Erfahrungsaustausch genutzt werden, hat sich auf der 9. Jahrestagung, die vom 24. bis 26. September 1980 in den Raumen der Universitat Essen durchgefOhrt wurde, fortgesetzt und weiter verstarkt. Dies zeigt sich allein schon dadurch, daB auf dieser von Ober 400 Teilnehmern besuchten 9. Jahrestagung 135 Vortrage gehalten wurden. Hinzu kamen der Eroffnungs-und der Plenarvortrag, die Hohepunkte der Tagung darstellten und fOr die ein auf nationaler Ebene renommierter Praktiker sowie ein international angesehener Wissenschaftler des Opera tions Research gewonnen werden konnten. Der hiermit vorgelegte Pro ceedings-Band, der erstmals!1" Springer-Verlag erscheint, gibt einen Oberblick Ober das wissenschaftliche Programm dieser 9. Jahrestagung. Bei der Vielzahl der eingegangenen Vortragsanmeldungen konnte - wie auch schon in den beiden Jahren zuvor - durch die Einordnung der Beitrage in 26 Sektionen eine fruchtbare Fachdiskussion zwischen Vertre tern der Hochschule und der Praxis auf den unterschiedlichen Teildiszipli nen des Operations Research ermoglicht werden. Zugleich wurde damit auch den interessierten Zuhorern ein nach bewahrten Themengebieten strukturiertes reichhaltigesAuswahlangebot gemacht, das in dieserVielfalt gerne aufgenommen worden ist. Dabei lieBen sich gemaB der inhaltlichen Bezeichnung und vortragsmaBigen Gestaltung der Sektionen zwei durch aus begrOBenswerte Entwicklungsrichtungen des Operations Research erkennen.

Essay in Cooperative Games

Essay in Cooperative Games
Author: Gianfranco Gambarelli
Publisher: Springer Science & Business Media
Total Pages: 241
Release: 2013-06-05
Genre: Business & Economics
ISBN: 1402029365

Essays on Cooperative Games collates selected contributions on Cooperative Games. The papers cover both theoretical aspects (Coalition Formation, Values, Simple Games and Dynamic Games) and applied aspects (in Finance, Production, Transportation and Market Games). A contribution on Minimax Theorem (by Ken Binmore) and a brief history of early Game Theory (by Gianfranco Gambarelli and Guillermo Owen) are also enclosed.

Papers in Game Theory

Papers in Game Theory
Author: J.C. Harsanyi
Publisher: Springer Science & Business Media
Total Pages: 264
Release: 2013-03-09
Genre: Philosophy
ISBN: 9401725276

This volume contains twelve of my game-theoretical papers, published in the period of 1956-80. It complements my Essays on Ethics, Social Behavior, and Scientific Explanation, Reidel, 1976, and my Rational Behavior and Bargaining Equilibrium in Games and Social Situations, Cambridge University Press, 1977. These twelve papers deal with a wide range of game-theoretical problems. But there is a common intellectual thread going though all of them: they are all parts of an attempt to generalize and combine various game-theoretical solution concepts into a unified solution theory yielding one-point solutions for both cooperative and noncooperative games, and covering even such 'non-classical' games as games with incomplete information. SECTION A The first three papers deal with bargaining models. The first one discusses Nash's two-person bargaining solution and shows its equivalence with Zeuthen's bargaining theory. The second considers the rationality postulates underlying the Nash-Zeuthen theory and defends it against Schelling's objections. The third extends the Shapley value to games without transferable utility and proposes a solution concept that is at the same time a generaliza tion of the Shapley value and of the Nash bargaining solution.