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Game Theory
  • Language: en
  • Pages: 605

Game Theory

  • Type: Book
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  • Published: 1991-08-29
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  • Publisher: MIT Press

This advanced text introduces the principles of noncooperative game theory in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. This advanced text introduces the principles of noncooperative game theory—including strategic form games, Nash equilibria, subgame perfection, repeated games, and games of incomplete information—in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. The analytic material is accompanied by many applications, examples, ...

The Theory of Learning in Games
  • Language: en
  • Pages: 304

The Theory of Learning in Games

  • Type: Book
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  • Published: 1998
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  • Publisher: MIT Press

This work explains that equilibrium is the long-run outcome of a process in which non-fully rational players search for optimality over time. The models they e×plore provide a foundation for equilibrium theory and suggest ways for economists to evaluate and modify traditional equilibrium concepts.

A Long-run Collaboration on Long-run Games
  • Language: en
  • Pages: 417

A Long-run Collaboration on Long-run Games

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.

Dynamic Models of Oligopoly
  • Language: en
  • Pages: 95

Dynamic Models of Oligopoly

Fudenberg and Tirole use the game-theoretic issues of information, commitment and timing to provide a realistic approach to oligopoly.

Is Behavioral Economics Doomed?
  • Language: en
  • Pages: 154

Is Behavioral Economics Doomed?

In this book, David K. Levine questions the idea that behavioral economics is the answer to economic problems. He explores the successes and failures of contemporary economics both inside and outside the laboratory, and asks whether popular behavioral theories of psychological biases are solutions to the failures. The book not only provides an overview of popular behavioral theories and their history, but also gives the reader the tools for scrutinizing them.

Barriers to Entry and Strategic Competition
  • Language: en
  • Pages: 120

Barriers to Entry and Strategic Competition

This volume discusses crucial issues in the overlap between industrial organization and strategic management.

Game-Theoretic Models of Bargaining
  • Language: en
  • Pages: 402

Game-Theoretic Models of Bargaining

This book provides a comprehensive picture of the new developments in bargaining theory.

Evolutionary Games and Equilibrium Selection
  • Language: en
  • Pages: 332

Evolutionary Games and Equilibrium Selection

  • Type: Book
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  • Published: 1997
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  • Publisher: MIT Press

The author examines the interplay between evolutionary game theory and the equilibrium selection problem in noncooperative games. Evolutionary game theory is one of the most active and rapidly growing areas of research in economics. Unlike traditional game theory models, which assume that all players are fully rational and have complete knowledge of details of the game, evolutionary models assume that people choose their strategies through a trial-and-error learning process in which they gradually discover that some strategies work better than others. In games that are repeated many times, low-payoff strategies tend to be weeded out, and an equilibrium may emerge. Larry Samuelson has been on...

Epistemic Game Theory
  • Language: en
  • Pages: 581

Epistemic Game Theory

The first textbook to explain the principles of epistemic game theory.

Handbook of Industrial Organization
  • Language: en
  • Pages: 1002

Handbook of Industrial Organization

Determinants of firm and market organization; Analysis of market behavior; Empirical methods and results; International issues and comparision; government intervention in the Marketplace.