Theory of Conditional Games

Theory of Conditional Games PDF Author: Wynn C. Stirling
Publisher: Cambridge University Press
ISBN: 1107011744
Category : Computers
Languages : en
Pages : 251

Get Book Here

Book Description
This book describes conditional games, a form of game theory that accommodates multiple stakeholder decision-making scenarios where cooperation and negotiation are significant issues and where notions of concordant group behavior are important. The book extends the concept of a preference ordering that permits stakeholders to modulate their preferences as functions of the preferences of others.

Theory of Conditional Games

Theory of Conditional Games PDF Author: Wynn C. Stirling
Publisher: Cambridge University Press
ISBN: 1107011744
Category : Computers
Languages : en
Pages : 251

Get Book Here

Book Description
This book describes conditional games, a form of game theory that accommodates multiple stakeholder decision-making scenarios where cooperation and negotiation are significant issues and where notions of concordant group behavior are important. The book extends the concept of a preference ordering that permits stakeholders to modulate their preferences as functions of the preferences of others.

On Coordination in Non-Cooperative Game Theory

On Coordination in Non-Cooperative Game Theory PDF Author: Lauren Larrouy
Publisher: Springer Nature
ISBN: 3031361717
Category : Business & Economics
Languages : en
Pages : 355

Get Book Here

Book Description
By offering a critical assessment of the evolution of standard game theory, this book argues for a shift in the ontology and methodology of game theory for appraising games, one based on understanding the players’ strategic reasoning process. Analyzing the history of economic thought, the book highlights the methodological issues faced by standard game theory in its treatment of strategic reasoning and the consequence it has on the status of players’ beliefs. It also highlights how the two original contributions of T. C. Schelling and M. Bacharach can be applied to these issues. Furthermore, the book assesses the intersubjective dimension in games by applying the cognitive sciences and by integrating simulation theory into game theory. Consequently, this book offers an interdisciplinary approach for reassessing the nature of the intersubjectivity involved in strategic reasoning. It shows that the analysis of games should involve the study and identification of the reasoning process that leads the players to a specific outcome, i.e., to a specific solution. A game should not be understood (as is done in standard game theory) as a mathematical representation of an individual choice at equilibrium. This requires investigating the players’ capacity for coordination. Understanding the process of coordination allows us to understand strategic reasoning and ultimately to provide new answers to the indeterminacy problem, one of the central hurdles in game theory, and one that underscores its normative difficulties.

Coordination and Cooperation in Complex Adaptive Systems: Theory and Application

Coordination and Cooperation in Complex Adaptive Systems: Theory and Application PDF Author: Xiaojie Chen
Publisher: Frontiers Media SA
ISBN: 288945844X
Category :
Languages : en
Pages : 155

Get Book Here

Book Description
During the past decade, plenty of studies have been carried out in the literature to address the coordination and cooperation problems in complex adaptive systems, and have continued to grow. This Research Topic eBook publishes 14 papers by 39 authors, and most of these published papers present current research illustrating the depth and breadth of ongoing work on the coordination and cooperation problems in complex adaptive systems. It thus provides a timely discussion for researchers on the hotspots and challenges of the study on coordination and cooperation in theoretical models and applied systems.

A Modern Guide to Philosophy of Economics

A Modern Guide to Philosophy of Economics PDF Author: Kincaid, Harold
Publisher: Edward Elgar Publishing
ISBN: 1788974468
Category : Business & Economics
Languages : en
Pages : 384

Get Book Here

Book Description
This insightful Modern Guide offers a broad coverage of questions and controversies encountered by contemporary economists. A refreshing approach to philosophy of economics, chapters comprise a range of methodological and theoretical perspectives, from lab and field experiments to macroeconomics and applied policy work, written using a familiar, accessible language for economists.

The Foundations of Behavioral Economic Analysis

The Foundations of Behavioral Economic Analysis PDF Author: Sanjit S. Dhami
Publisher: Oxford University Press
ISBN: 0198715528
Category : Business & Economics
Languages : en
Pages : 1799

Get Book Here

Book Description
It considers the evidence against the exponential discounted utility model and describes several behavioral models such as hyperbolic discounting, attribute based models and the reference time theory. Part IV describes the evidence on classical game theory and considers several models of behavioral game theory, including level-k and cognitive hierarchy models, quantal response equilibrium, and psychological game theory. Part V considers behavioral models of learning that include evolutionary game theory, classical models of learning, experience weighted attraction model, learning direction theory, and stochastic social dynamics. Part VI studies the role of emotions; among other topics it considers projection bias, temptation preferences, happiness economics, and interaction between emotions and cognition. Part VII considers bounded rationality. The three main topics considered are judgment heuristics and biases, mental accounting, and behavioral finance.

Social Neuroeconomics

Social Neuroeconomics PDF Author: Jens Harbecke
Publisher: Routledge
ISBN: 1000097501
Category : Business & Economics
Languages : en
Pages : 289

Get Book Here

Book Description
Neuroeconomics has emerged as a paradigmatic field where neuroscience and the social sciences are integrated in one analytical and empirical approach. However, the different disciplines involved often only relate to each other via the shared object of research, and less through the constructing of precise models of integrative mechanisms. Social Neuroeconomics explores the potential of philosophical and methodological reflections in the neurosciences and the social sciences to inform those efforts at cross-disciplinary integration, with a special focus on recent contributions to mechanistic explanations. The collected essays are drawn from the fields of neuroscience, psychology, economics, sociology and philosophy, and examine the ways and methods of constructing unified conceptual frameworks that can guide empirical work and hypothesis building. This is demonstrated in a range of applications, particularly regarding finance and consumer behavior. The concept of the ‘social brain’ is also explored; a multilevel framework in which complex analytical categories such as emotions or socially mediated cognitive processes connect neuronal and social phenomena in specific mechanisms that generate behavior. This book addresses a wide audience across the various disciplines, reaching from the neurosciences to the social sciences and philosophy.

Embodied bounded rationality

Embodied bounded rationality PDF Author: Shaun Gallagher
Publisher: Frontiers Media SA
ISBN: 2832533434
Category : Science
Languages : en
Pages : 154

Get Book Here

Book Description


Handbook of Experimental Game Theory

Handbook of Experimental Game Theory PDF Author: C. M. Capra
Publisher: Edward Elgar Publishing
ISBN: 1785363336
Category : Business & Economics
Languages : en
Pages : 448

Get Book Here

Book Description
The aim of this Handbook is twofold: to educate and to inspire. It is meant for researchers and graduate students who are interested in taking a data-based and behavioral approach to the study of game theory. Educators and students of economics will find the Handbook useful as a companion book to conventional upper-level game theory textbooks, enabling them to compare and contrast actual behavior with theoretical predictions. Researchers and non-specialists will find valuable examples of laboratory and field experiments that test game theoretic propositions and suggest new ways of modeling strategic behavior. Chapters are organized into several sections; each section concludes with an inspirational chapter, offering suggestions on new directions and cutting-edge topics of research in experimental game theory.

The Statistical Physics of Fixation and Equilibration in Individual-Based Models

The Statistical Physics of Fixation and Equilibration in Individual-Based Models PDF Author: Peter Ashcroft
Publisher: Springer
ISBN: 3319412132
Category : Science
Languages : en
Pages : 175

Get Book Here

Book Description
This thesis explores several interdisciplinary topics at the border of theoretical physics and biology, presenting results that demonstrate the power of methods from statistical physics when applied to neighbouring disciplines. From birth-death processes in switching environments to discussions on the meaning of quasi-potential landscapes in high-dimensional spaces, this thesis is a shining example of the efficacy of interdisciplinary research. The fields advanced in this work include game theory, the dynamics of cancer, and invasion of mutants in resident populations, as well as general contributions to the theory of stochastic processes. The background material provides an intuitive introduction to the theory and applications of stochastic population dynamics, and the use of techniques from statistical physics in their analysis. The thesis then builds on these foundations to address problems motivated by biological phenomena.

Reasons and Intentions

Reasons and Intentions PDF Author: Bruno Verbeek
Publisher: Taylor & Francis
ISBN: 1351906321
Category : Philosophy
Languages : en
Pages : 256

Get Book Here

Book Description
There are a number of problems in philosophy that seem to share a similar possible solution: 'Why do promises and contracts bind?', 'Why ought citizens and judges obey the law?' and 'Can we realize the gains to be made from cooperation?'. All three problems (as well as some others) share a possible solution in the form of rational internal commitment. Reasons and Intentions is a 'state-of-the-art' overview of the relevant positions on the possibility of such commitment, including critical ones. The introduction provides a survey of the central problem of the volume, 'how the will can bind itself and still be instrumental in nature', and the various positions which are further examined in the contributions. Addressing the question of the relation between intentions and action, the considerations which make an intention rational and how this translates into our conception of (moral) agency, this book brings together specially commissioned essays by the leading scholars in the field.