Differential Games in Economics and Management Science

Differential Games in Economics and Management Science PDF Author: Engelbert Dockner
Publisher: Cambridge University Press
ISBN: 9780521637329
Category : Business & Economics
Languages : en
Pages : 398

Get Book Here

Book Description
A comprehensive, self-contained survey of the theory and applications of differential games, one of the most commonly used tools for modelling and analysing economics and management problems which are characterised by both multiperiod and strategic decision making. Although no prior knowledge of game theory is required, a basic knowledge of linear algebra, ordinary differential equations, mathematical programming and probability theory is necessary. Part One presents the theory of differential games, starting with the basic concepts of game theory and going on to cover control theoretic models, Markovian equilibria with simultaneous play, differential games with hierarchical play, trigger strategy equilibria, differential games with special structures, and stochastic differential games. Part Two offers applications to capital accumulation games, industrial organization and oligopoly games, marketing, resources and environmental economics.

Differential Games in Economics and Management Science

Differential Games in Economics and Management Science PDF Author: Engelbert Dockner
Publisher: Cambridge University Press
ISBN: 9780521637329
Category : Business & Economics
Languages : en
Pages : 398

Get Book Here

Book Description
A comprehensive, self-contained survey of the theory and applications of differential games, one of the most commonly used tools for modelling and analysing economics and management problems which are characterised by both multiperiod and strategic decision making. Although no prior knowledge of game theory is required, a basic knowledge of linear algebra, ordinary differential equations, mathematical programming and probability theory is necessary. Part One presents the theory of differential games, starting with the basic concepts of game theory and going on to cover control theoretic models, Markovian equilibria with simultaneous play, differential games with hierarchical play, trigger strategy equilibria, differential games with special structures, and stochastic differential games. Part Two offers applications to capital accumulation games, industrial organization and oligopoly games, marketing, resources and environmental economics.

Artificial Economics

Artificial Economics PDF Author: Ruben Mercado
Publisher: Cambridge University Press
ISBN: 1316517098
Category : Business & Economics
Languages : en
Pages : 197

Get Book Here

Book Description
An introductory overview of the methods, models and interdisciplinary links of artificial economics. Addresses the differences between the assumptions and methods of artificial economics and those of mainstream economics. This is one of the first books to fully address, in an intuitive and conceptual form, this new way of doing economics.

Models and Methods for Management Science

Models and Methods for Management Science PDF Author: Hao Zhang
Publisher: Springer Nature
ISBN: 9811916144
Category : Business & Economics
Languages : en
Pages : 426

Get Book Here

Book Description
This textbook introduces systems science as an entry point to present a basic introduction to research models and methods in management science (operation research). This textbook selects the classic quantitative models and methods as well as rich cases and detailed examples, which are suitable for students with a certain management and economics knowledge for further study, and helps to develop the abilities of using the basic models in real life.

Numerical Methods in Economics

Numerical Methods in Economics PDF Author: Kenneth L. Judd
Publisher: MIT Press
ISBN: 0262547740
Category : Business & Economics
Languages : en
Pages : 657

Get Book Here

Book Description
To harness the full power of computer technology, economists need to use a broad range of mathematical techniques. In this book, Kenneth Judd presents techniques from the numerical analysis and applied mathematics literatures and shows how to use them in economic analyses. The book is divided into five parts. Part I provides a general introduction. Part II presents basics from numerical analysis on R^n, including linear equations, iterative methods, optimization, nonlinear equations, approximation methods, numerical integration and differentiation, and Monte Carlo methods. Part III covers methods for dynamic problems, including finite difference methods, projection methods, and numerical dynamic programming. Part IV covers perturbation and asymptotic solution methods. Finally, Part V covers applications to dynamic equilibrium analysis, including solution methods for perfect foresight models and rational expectation models. A website contains supplementary material including programs and answers to exercises.

Economics Rules

Economics Rules PDF Author: Dani Rodrik
Publisher: Oxford University Press, USA
ISBN: 0198736894
Category : Business & Economics
Languages : en
Pages : 268

Get Book Here

Book Description
A leading economist trains a lens on his own discipline to uncover when it fails and when it works.

Models, Methods, Concepts & Applications of the Analytic Hierarchy Process

Models, Methods, Concepts & Applications of the Analytic Hierarchy Process PDF Author: Thomas L. Saaty
Publisher: Springer Science & Business Media
ISBN: 1461435978
Category : Business & Economics
Languages : en
Pages : 342

Get Book Here

Book Description
The Analytic Hierarchy Process (AHP) is a prominent and powerful tool for making decisions in situations involving multiple objectives. Models, Methods, Concepts and Applications of the Analytic Hierarchy Process, 2nd Edition applies the AHP in order to solve problems focused on the following three themes: economics, the social sciences, and the linking of measurement with human values. For economists, the AHP offers a substantially different approach to dealing with economic problems through ratio scales. Psychologists and political scientists can use the methodology to quantify and derive measurements for intangibles. Meanwhile researchers in the physical and engineering sciences can apply the AHP methods to help resolve the conflicts between hard measurement data and human values. Throughout the book, each of these topics is explored utilizing real life models and examples, relevant to problems in today’s society. This new edition has been updated and includes five new chapters that includes discussions of the following: - The eigenvector and why it is necessary - A summary of ongoing research in the Middle East that brings together Israeli and Palestinian scholars to develop concessions from both parties - A look at the Medicare Crisis and how AHP can be used to understand the problems and help develop ideas to solve them.

Optimal Control Theory

Optimal Control Theory PDF Author: Suresh P. Sethi
Publisher: Taylor & Francis US
ISBN: 9780387280929
Category : Business & Economics
Languages : en
Pages : 536

Get Book Here

Book Description
Optimal control methods are used to determine optimal ways to control a dynamic system. The theoretical work in this field serves as a foundation for the book, which the authors have applied to business management problems developed from their research and classroom instruction. Sethi and Thompson have provided management science and economics communities with a thoroughly revised edition of their classic text on Optimal Control Theory. The new edition has been completely refined with careful attention to the text and graphic material presentation. Chapters cover a range of topics including finance, production and inventory problems, marketing problems, machine maintenance and replacement, problems of optimal consumption of natural resources, and applications of control theory to economics. The book contains new results that were not available when the first edition was published, as well as an expansion of the material on stochastic optimal control theory.

Models and Methods in Economics and Management Science

Models and Methods in Economics and Management Science PDF Author: Fouad El Ouardighi
Publisher:
ISBN: 9783319006703
Category :
Languages : en
Pages : 270

Get Book Here

Book Description


Models of Management

Models of Management PDF Author: Mauro F. Guillén
Publisher: University of Chicago Press
ISBN: 0226310361
Category : Business & Economics
Languages : en
Pages : 439

Get Book Here

Book Description
This work explores differing historical patterns in the adoption of the three major models of organizational management: scientific management; human relations; and structural analysis. The author takes a fresh look at how managers have used these models in four countries during the 20th century.

The World in the Model

The World in the Model PDF Author: Mary S. Morgan
Publisher: Cambridge University Press
ISBN: 1139560417
Category : Business & Economics
Languages : en
Pages :

Get Book Here

Book Description
During the last two centuries, the way economic science is done has changed radically: it has become a social science based on mathematical models in place of words. This book describes and analyses that change - both historically and philosophically - using a series of case studies to illuminate the nature and the implications of these changes. It is not a technical book; it is written for the intelligent person who wants to understand how economics works from the inside out. This book will be of interest to economists and science studies scholars (historians, sociologists and philosophers of science). But it also aims at a wider readership in the public intellectual sphere, building on the current interest in all things economic and on the recent failure of the so-called economic model, which has shaped our beliefs and the world we live in.