Repeated Games
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Author | : Jean-François Mertens |
Publisher | : Cambridge University Press |
Total Pages | : 597 |
Release | : 2015-02-09 |
Genre | : Business & Economics |
ISBN | : 110703020X |
This landmark work significantly advances the literature on game theory with a masterful conceptual presentation of the CORE working papers published in 1994.
Author | : Robert J. Aumann |
Publisher | : MIT Press |
Total Pages | : 372 |
Release | : 1995 |
Genre | : Business & Economics |
ISBN | : 9780262011471 |
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.
Author | : George J. Mailath |
Publisher | : Oxford University Press |
Total Pages | : 664 |
Release | : 2006-09-28 |
Genre | : Business & Economics |
ISBN | : 0198041217 |
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.
Author | : Sylvain Sorin |
Publisher | : Springer Science & Business Media |
Total Pages | : 228 |
Release | : 2002-03-07 |
Genre | : Business & Economics |
ISBN | : 9783540430285 |
This volume aims to present the basic results in the theory of two-person zero-sum repeated games including stochastic games and repeated games with incomplete information. It is intended for graduate students with no previous knowledge of the field.
Author | : Nolan McCarty |
Publisher | : Cambridge University Press |
Total Pages | : 0 |
Release | : 2014-10-30 |
Genre | : Political Science |
ISBN | : 9781107438637 |
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.
Author | : Prajit K. Dutta |
Publisher | : MIT Press |
Total Pages | : 713 |
Release | : 2022-08-09 |
Genre | : Business & Economics |
ISBN | : 0262368501 |
The new edition of a widely used introduction to game theory and its applications, with a focus on economics, business, and politics. This widely used introduction to game theory is rigorous but accessible, unique in its balance between the theoretical and the practical, with examples and applications following almost every theory-driven chapter. In recent years, game theory has become an important methodological tool for all fields of social sciences, biology and computer science. This second edition of Strategies and Games not only takes into account new game theoretical concepts and applications such as bargaining and matching, it also provides an array of chapters on game theory applied to the political arena. New examples, case studies, and applications relevant to a wide range of behavioral disciplines are now included. The authors map out alternate pathways through the book for instructors in economics, business, and political science. The book contains four parts: strategic form games, extensive form games, asymmetric information games, and cooperative games and matching. Theoretical topics include dominance solutions, Nash equilibrium, Condorcet paradox, backward induction, subgame perfection, repeated and dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, signaling, the Shapley value, and stable matchings. Applications and case studies include OPEC, voting, poison pills, Treasury auctions, trade agreements, pork-barrel spending, climate change, bargaining and audience costs, markets for lemons, and school choice. Each chapter includes concept checks and tallies end-of-chapter problems. An appendix offers a thorough discussion of single-agent decision theory, which underpins game theory.
Author | : Martin J. Osborne |
Publisher | : MIT Press |
Total Pages | : 374 |
Release | : 1994-07-12 |
Genre | : Business & Economics |
ISBN | : 9780262650403 |
A Course in Game Theory presents the main ideas of game theory at a level suitable for graduate students and advanced undergraduates, emphasizing the theory's foundations and interpretations of its basic concepts. The authors provide precise definitions and full proofs of results, sacrificing generalities and limiting the scope of the material in order to do so. The text is organized in four parts: strategic games, extensive games with perfect information, extensive games with imperfect information, and coalitional games. It includes over 100 exercises.
Author | : Frank Stähler |
Publisher | : |
Total Pages | : 24 |
Release | : 1996 |
Genre | : Cooperation |
ISBN | : |
Author | : Tatsuro Ichiishi |
Publisher | : Springer Science & Business Media |
Total Pages | : 315 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 354024784X |
We are pleased to help celebrate Roy Radner's 75th birthday, by issuing in one volume the papers that originally appeared in his honor in two special issues of Review of Economic Design (Vol. 6/2 and 6/3-4, 2001). Through his truly original ideas and lucid writing, Roy has influenced and guided the theory community for decades. Many colleagues and students have found their own work shaped and improved by Roy's wide-ranging curiosity, his encouragement, and his keen insights. In soliciting contributions to the Review of Economic Design Radner issues, we decided to approach his former students at the University of California, Berke ley, his former post-doctoral fellows at Bell Laboratories, and his published co authors. We express our sincere apology to any potential authors who fit these categories and whom we may have unintentionally failed to approach. Our job as editors of the Review of Economic Design Radner issues turned out to be easy, thanks to the enthusiastic response we received from authors and the quality of their submissions.
Author | : Hans Peters |
Publisher | : Springer Science & Business Media |
Total Pages | : 362 |
Release | : 2008-08-15 |
Genre | : Business & Economics |
ISBN | : 3540692916 |
This book presents the basics of game theory both on an undergraduate level and on a more advanced mathematical level. It covers topics of interest in game theory, including cooperative game theory. Every chapter includes a problem section.