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Author: M. J. M. Jansen
Publisher:
ISBN:
Category :
Languages : en
Pages : 11
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Author: M. J. M. Jansen
Publisher:
ISBN:
Category :
Languages : en
Pages : 11
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Author: Masakazu Kojima
Publisher:
ISBN:
Category :
Languages : en
Pages : 82
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Author: Eric van Damme
Publisher: Springer Science & Business Media
ISBN: 364296978X
Category : Business & Economics
Languages : en
Pages : 331
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Book Description
The last decade has seen a steady increase in the application of concepts from noncooperative game theory to such diverse fields as economics, political science, law, operations research, biology and social psychology. As a byproduct of this increased activity, there has been a growing awareness of the fact that the basic noncooperative solution concept, that of Nash equilibrium, suffers from severe drawbacks. The two main shortcomings of this concept are the following: (i) In extensive form games, a Nash strategy may prescribe off the equilibrium path behavior that is manifestly irrational. (Specifically, Nash equilibria may involve incredible threats), (ii) Nash equilibria need not be robust with respect to small perturbations in the data of the game. Confronted with the growing evidence to the detriment of the Nash concept, game theorists were prompted to search for more refined equilibrium notions with better properties and they have come up with a wide array of alternative solution concepts. This book surveys the most important refinements that have been introduced. Its objectives are fourfold (i) to illustrate desirable properties as well as drawbacks of the various equilibrium notions by means of simple specific examples, (ii) to study the relationships between the various refinements, (iii) to derive simplifying characterizations, and (iv) to discuss the plausibility of the assumptions underlying the concepts.
Author: M. J. M. Jansen
Publisher:
ISBN:
Category :
Languages : en
Pages : 25
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Author: Burkhard Monien
Publisher: Springer
ISBN: 3540793097
Category : Computers
Languages : en
Pages : 363
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This book constitutes the proceedings of the First International Symposium on Algorithmic Game Theory. It covers routing and scheduling, markets, mechanism design, a potpourri of games, solution concepts, and cost sharing.
Author: Günter Fandel
Publisher: Springer Science & Business Media
ISBN: 3642591329
Category : Mathematics
Languages : en
Pages : 685
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The organizers of the 12th International Conference on Multiple Cri teria Decision Making (MCDM) held June 19-23, 1995 in Hagen received the second time the opportunity to prepare an international conference on MCDM in Germany; the first opportunity has been the 3rd International Conference on MCDM in Konigswinter, 1979. Quite a time ellapsed since then and therefore it might be interesting to compare some indicators of the development of the International Society on MCDM, which has been founded in Konigswinter. Stanley Zionts has been elected first president and all 44 participants of that Conference became founding members. Today our Society has over 1200 members and its own Journal (MCDM World Scan). In Hagen, 1996, we had 152 participants from 34 countries. It is interesting to mention that also other Groups established their organi zation, like the European Working Group on Multiple Criteria Decision Aid, the German Working Group on Decision Theory and Applications, the Multi Objective Programming and Goal Programming Group, ESIGMA, and some others. It is also interesting to note that the intersection of members of all these Groups and Societies is not empty and there is quite a cooperation among them.
Author: Carlton E. Lemke
Publisher:
ISBN:
Category :
Languages : en
Pages : 11
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Author:
Publisher:
ISBN:
Category : Mathematics
Languages : en
Pages : 524
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Author: Sherman Xiewei Bai
Publisher:
ISBN:
Category :
Languages : en
Pages : 12
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Author: Akira Okada
Publisher:
ISBN:
Category :
Languages : en
Pages : 20
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