Author: Bezalel Peleg
Publisher: Springer Science & Business Media
ISBN: 3540729453
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
This book systematically presents the main solutions of cooperative games: the core, bargaining set, kernel, nucleolus, and the Shapley value of TU games as well as the core, the Shapley value, and the ordinal bargaining set of NTU games. The authors devote a separate chapter to each solution, wherein they study its properties in full detail. In addition, important variants are defined or even intensively analyzed.
Author: H.J. Peters
Publisher: Springer Science & Business Media
ISBN: 9401580227
Category : Business & Economics
Languages : en
Pages : 244
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Book Description
Many social or economic conflict situations can be modeled by specifying the alternatives on which the involved parties may agree, and a special alternative which summarizes what happens in the event that no agreement is reached. Such a model is called a bargaining game, and a prescription assigning an alternative to each bargaining game is called a bargaining solution. In the cooperative game-theoretical approach, bargaining solutions are mathematically characterized by desirable properties, usually called axioms. In the noncooperative approach, solutions are derived as equilibria of strategic models describing an underlying bargaining procedure. Axiomatic Bargaining Game Theory provides the reader with an up-to-date survey of cooperative, axiomatic models of bargaining, starting with Nash's seminal paper, The Bargaining Problem. It presents an overview of the main results in this area during the past four decades. Axiomatic Bargaining Game Theory provides a chapter on noncooperative models of bargaining, in particular on those models leading to bargaining solutions that also result from the axiomatic approach. The main existing axiomatizations of solutions for coalitional bargaining games are included, as well as an auxiliary chapter on the relevant demands from utility theory.
Author: William Thomson
Publisher: Edward Elgar Publishing
ISBN: 9781848441675
Category : Collective bargaining
Languages : en
Pages : 0
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Book Description
This book explores game theory's development as a tool to understand economic behavior.
Author: Alvin E. Roth
Publisher: Cambridge University Press
ISBN: 0521267579
Category : Business & Economics
Languages : en
Pages : 402
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Book Description
This book provides a comprehensive picture of the new developments in bargaining theory.
Author: Dionysius Glycopantis
Publisher: Springer Science & Business Media
ISBN: 3540269797
Category : Business & Economics
Languages : en
Pages : 656
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Book Description
One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or cooperative equilibrium concepts which have these properties. This volume contains original contributions on noncooperative and cooperative equilibrium notions in economies with differential information and provides answers to the above questions. Moreover, issues of stability, learning and continuity of alternative equilibria are also examined.
Author: Hans Peters
Publisher: Springer Science & Business Media
ISBN: 3540692916
Category : Business & Economics
Languages : en
Pages : 362
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Book Description
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.
Author: Debraj Ray
Publisher: Oxford University Press, USA
ISBN: 019920795X
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
Drawing upon and extending his inaugural Lipsey Lectures, Debraj Ray looks at coalition formation from the perspective of game theory. Ray brings together developments in both cooperative and noncooperative game theory to study the analytics of coalition formation and binding agreements.
Author: A. J. Jones
Publisher: Horwood Publishing
ISBN: 9781898563143
Category : Mathematics
Languages : en
Pages : 304
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Book Description
This modern, still relevant text is suitable for senior undergraduate and graduate students, teachers and professionals in mathematics, operational research, economics, sociology; and psychology, defence and strategic studies, and war games. Engagingly written with agreeable humor, the book can also be understood by non-mathematicians. It shows basic ideas of extensive form, pure and mixed strategies, the minimax theorem, non-cooperative and co-operative games, and a ''first class'' account of linear programming, theory and practice. The text is self-contained with comprehensive source references. Based on a series of lectures given by the author in the theory of games at Royal Holloway College, it gives unusually comprehensive but concise treatment of co-operative games, an original account of bargaining models, with a skilfully guided tour through the Shapely and Nash solutions for bimatrix games and a carefully illustrated account of finding the best threat strategies.
Author: Satya R. Chakravarty
Publisher: Cambridge University Press
ISBN: 1107058791
Category : Business & Economics
Languages : en
Pages : 277
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Book Description
"Deals with real life situations where objectives of the participants are partially cooperative and partially conflicting"--
Author: John C. Harsanyi
Publisher: CUP Archive
ISBN: 9780521311830
Category : Decision-making
Languages : en
Pages : 340
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Book Description
This is a paperback edition of a major contribution to the field, first published in hard covers in 1977. The book outlines a general theory of rational behaviour consisting of individual decision theory, ethics, and game theory as its main branches. Decision theory deals with a rational pursuit of individual utility; ethics with a rational pursuit of the common interests of society; and game theory with an interaction of two or more rational individuals, each pursuing his own interests in a rational manner.
