Applications of Game Theory in Agricultural Economics PDF Download
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Author: John L. Dillon
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 40
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Book Description
Author: John L. Dillon
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 40
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Book Description
Author: Richard J. Sexton
Publisher:
ISBN:
Category :
Languages : en
Pages : 82
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Book Description
Author: Richard J. Sexton
Publisher:
ISBN:
Category :
Languages : en
Pages : 86
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Author: Richard J. Sexton
Publisher:
ISBN:
Category : Food industry and trade
Languages : en
Pages : 62
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Book Description
This paper is a survey on noncooperative game theory relevant to agricultural markets. It is divided into two parts. Part I discusses types of noncooperative games and reviews important developments in noncooperative game theory solution concepts, including Nash equilibrium, subgame perfect equilibrium, and perfect Bayesian equilibrium. Strengths and weaknesses of game theory as a modelling tool are also assessed. Part II illustrates applications of the theory to agricultural markets. Game theory is relevant when markets are imperfectly competitive, and this paper argues that this condition is commonly met in agriculture. Specific topics of application include principal-agent models, vertical control, auctions, and bargaining.
Author: R.J. Aumann
Publisher: Elsevier
ISBN: 9780444894274
Category : Business & Economics
Languages : en
Pages : 824
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Book Description
This is the second of three volumes surveying the state of the art in Game Theory and its applications to many and varied fields, in particular to economics. The chapters in the present volume are contributed by outstanding authorities, and provide comprehensive coverage and precise statements of the main results in each area. The applications include empirical evidence. The following topics are covered: communication and correlated equilibria, coalitional games and coalition structures, utility and subjective probability, common knowledge, bargaining, zero-sum games, differential games, and applications of game theory to signalling, moral hazard, search, evolutionary biology, international relations, voting procedures, social choice, public economics, politics, and cost allocation. This handbook will be of interest to scholars in economics, political science, psychology, mathematics and biology. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes
Author: Odell Larry Walker
Publisher:
ISBN:
Category : Farm management
Languages : en
Pages : 29
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Author: James W. Friedman
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 298
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Book Description
This is an advanced textbook covering topics in game theory which are of potential use in economics.
Author: J. McMillan
Publisher: Taylor & Francis
ISBN: 1136454373
Category : Business & Economics
Languages : en
Pages : 115
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Book Description
This book gives an early demonstration of applications of game theory to international economics - applications that were to transform this area during the 1990s.
Author: Daniel Shore
Publisher: Freegulls Publishing House
ISBN:
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
Here are some fundamental concepts and terms in game theory and economics: Game Theory: A branch of mathematics and economics that studies how people make decisions in strategic situations, where the outcome of one person's decision depends on the decisions of others. Players: Individuals, groups, or entities making decisions in a game. Each player typically has a set of possible actions they can take. Strategy: A plan of action for a player that specifies what they will do in each possible situation or contingency in the game. Payoff: The outcome or result that a player receives as a consequence of their actions and the actions of others in the game. Payoffs are often represented in terms of utility, profits, or some other measurable outcome. Nash Equilibrium: A concept in game theory where no player has an incentive to unilaterally change their strategy, given the strategies chosen by the other players. In other words, each player's strategy is optimal given the strategies chosen by the other players.
Author: D. Yaron
Publisher:
ISBN:
Category : Game theory
Languages : en
Pages : 50
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Book Description
