Repeated Games and Reputations

Repeated Games and Reputations PDF Author: George J. Mailath
Publisher: Oxford University Press
ISBN: 0198041217
Category : Business & Economics
Languages : en
Pages : 664

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Book Description
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.

Repeated Games and Reputations

Repeated Games and Reputations PDF Author: George J. Mailath
Publisher: Oxford University Press
ISBN: 0198041217
Category : Business & Economics
Languages : en
Pages : 664

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Book Description
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.

Repeated Games with Incomplete Information

Repeated Games with Incomplete Information PDF Author: Robert J. Aumann
Publisher: MIT Press
ISBN: 9780262011471
Category : Business & Economics
Languages : en
Pages : 372

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Book Description
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.

A Long-run Collaboration on Long-run Games

A Long-run Collaboration on Long-run Games PDF Author: Drew Fudenberg
Publisher: World Scientific
ISBN: 9812818464
Category : Mathematics
Languages : en
Pages : 417

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Book Description
This book brings together the joint work of Drew Fudenberg and David Levine (through 2008) on the closely connected topics of repeated games and reputation effects, along with related papers on more general issues in game theory and dynamic games. The unified presentation highlights the recurring themes of their work.

Essays in Game Theory

Essays in Game Theory PDF Author: Nimrod Megiddo
Publisher: Springer Science & Business Media
ISBN: 1461226481
Category : Mathematics
Languages : en
Pages : 209

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Book Description
This volume presents a collection of papers on game theory dedicated to Michael Maschler. Through his dedication and contributions to game theory, Maschler has become an important figure particularly in the area of cooperative games. Game theory has since become an important subject in operations research, economics and management science. As befits such a volume, the main themes covered are cooperative games, coalitions, repeated games, and a cost allocation games. All the contributions are authoritative surveys of a particular topic, so together they will present an invaluable overview of the field to all those working on game theory problems.

Complex Cobordism and Stable Homotopy Groups of Spheres

Complex Cobordism and Stable Homotopy Groups of Spheres PDF Author: Douglas C. Ravenel
Publisher: American Mathematical Soc.
ISBN: 082182967X
Category : Mathematics
Languages : en
Pages : 418

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Book Description
Since the publication of its first edition, this book has served as one of the few available on the classical Adams spectral sequence, and is the best account on the Adams-Novikov spectral sequence. This new edition has been updated in many places, especially the final chapter, which has been completely rewritten with an eye toward future research in the field. It remains the definitive reference on the stable homotopy groups of spheres. The first three chapters introduce the homotopy groups of spheres and take the reader from the classical results in the field though the computational aspects of the classical Adams spectral sequence and its modifications, which are the main tools topologists have to investigate the homotopy groups of spheres. Nowadays, the most efficient tools are the Brown-Peterson theory, the Adams-Novikov spectral sequence, and the chromatic spectral sequence, a device for analyzing the global structure of the stable homotopy groups of spheres and relating them to the cohomology of the Morava stabilizer groups. These topics are described in detail in Chapters 4 to 6. The revamped Chapter 7 is the computational payoff of the book, yielding a lot of information about the stable homotopy group of spheres. Appendices follow, giving self-contained accounts of the theory of formal group laws and the homological algebra associated with Hopf algebras and Hopf algebroids. The book is intended for anyone wishing to study computational stable homotopy theory. It is accessible to graduate students with a knowledge of algebraic topology and recommended to anyone wishing to venture into the frontiers of the subject.

Game Theory with Applications to Economics

Game Theory with Applications to Economics PDF Author: James W. Friedman
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
Drawing on examples from current economic literature and politics, this is the first book on game theory at an introductory, but not elementary, level. The author covers topics of great actual or potential use in economics, such as noncooperative games, infinitely repeated games, finitely repeated games, two-person cooperative games, and cooperative games with and without side payments. Thoroughly revised, the new second edition of this authoritative book includes greatly expanded coverage of equilibrium refinements, and the "folk theorem" for repeated games as well as a new chapter on finite noncooperative games.

The Complexity of Cooperation

The Complexity of Cooperation PDF Author: Robert Axelrod
Publisher: Princeton University Press
ISBN: 1400822300
Category : Political Science
Languages : en
Pages : 247

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Book Description
Robert Axelrod is widely known for his groundbreaking work in game theory and complexity theory. He is a leader in applying computer modeling to social science problems. His book The Evolution of Cooperation has been hailed as a seminal contribution and has been translated into eight languages since its initial publication. The Complexity of Cooperation is a sequel to that landmark book. It collects seven essays, originally published in a broad range of journals, and adds an extensive new introduction to the collection, along with new prefaces to each essay and a useful new appendix of additional resources. Written in Axelrod's acclaimed, accessible style, this collection serves as an introductory text on complexity theory and computer modeling in the social sciences and as an overview of the current state of the art in the field. The articles move beyond the basic paradigm of the Prisoner's Dilemma to study a rich set of issues, including how to cope with errors in perception or implementation, how norms emerge, and how new political actors and regions of shared culture can develop. They use the shared methodology of agent-based modeling, a powerful technique that specifies the rules of interaction between individuals and uses computer simulation to discover emergent properties of the social system. The Complexity of Cooperation is essential reading for all social scientists who are interested in issues of cooperation and complexity.

Game Theory and Applications

Game Theory and Applications PDF Author: Tatsuro Ichiishi
Publisher: Academic Press
ISBN: 1483295052
Category : Language Arts & Disciplines
Languages : en
Pages : 449

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Book Description
Game Theory and Applications outlines game theory and proves its validity by examining it alongside the neoclassical paradigm. This book contends that the neoclassical theory is the exceptional case, and that game theory may indeed be the rule. The papers and abstracts collected here explore its recent development and suggest new research directions. - Explains many of the recent central developments in game theory - Highlights new research directions in economic theory which surpass the neoclassical paradigm - Includes game-theoretical analyses in economics, political science, and biology - Written by leading game theorists, economists, political scientists, and biologists

Game Theory

Game Theory PDF Author: Roger B. Myerson
Publisher: Harvard University Press
ISBN: 0674728629
Category : Business & Economics
Languages : en
Pages : 588

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Book Description
Eminently suited to classroom use as well as individual study, Roger Myerson's introductory text provides a clear and thorough examination of the models, solution concepts, results, and methodological principles of noncooperative and cooperative game theory. Myerson introduces, clarifies, and synthesizes the extraordinary advances made in the subject over the past fifteen years, presents an overview of decision theory, and comprehensively reviews the development of the fundamental models: games in extensive form and strategic form, and Bayesian games with incomplete information. Game Theory will be useful for students at the graduate level in economics, political science, operations research, and applied mathematics. Everyone who uses game theory in research will find this book essential.

Game Theory 101

Game Theory 101 PDF Author: William Spaniel
Publisher:
ISBN: 9781492728153
Category : Game theory
Languages : en
Pages : 273

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Book Description
Game Theory 101: The Complete Textbook is a no-nonsense, games-centered introduction to strategic form (matrix) and extensive form (game tree) games. From the first lesson to the last, this textbook introduces games of increasing complexity and then teaches the game theoretical tools necessary to solve them. Quick, efficient, and to the point, Game Theory 101: The Complete Textbook is perfect for introductory game theory, intermediate microeconomics, and political science.