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Game Theory
  • Language: en
  • Pages: 588

Game Theory

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.

The Strategy of Conflict
  • Language: en
  • Pages: 332

The Strategy of Conflict

Analyzes the nature of international disagreements and conflict resolution in terms of game theory and non-zero-sum games.

Why Nation-Building Matters
  • Language: en
  • Pages: 401

Why Nation-Building Matters

Why Nation-Building Matters establishes a framework for building security forces, economic development, and political consolidation that blends soft and hard power into a deployable and effective package.

Lives of the Laureates, sixth edition
  • Language: en
  • Pages: 441

Lives of the Laureates, sixth edition

  • Type: Book
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  • Published: 2014-12-05
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  • Publisher: MIT Press

Autobiographical accounts by Nobel laureates reflect the richness and diversity of contemporary economic thought and offer insights into the creative process. Lives of the Laureates offers readers an informal history of modern economic thought as told through autobiographical essays by twenty-three Nobel Prize laureates in Economics. The essays not only provide unique insights into major economic ideas of our time but also shed light on the processes of intellectual discovery and creativity. The accounts are accessible and engaging, achieving clarity without sacrificing inherently difficult content. This sixth edition adds four recent Nobelists to its pages: Eric Maskin, who illustrates his ...

Probability Models for Economic Decisions, second edition
  • Language: en
  • Pages: 569

Probability Models for Economic Decisions, second edition

  • Type: Book
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  • Published: 2019-12-17
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  • Publisher: MIT Press

An introduction to the use of probability models for analyzing risk and economic decisions, using spreadsheets to represent and simulate uncertainty. This textbook offers an introduction to the use of probability models for analyzing risks and economic decisions. It takes a learn-by-doing approach, teaching the student to use spreadsheets to represent and simulate uncertainty and to analyze the effect of such uncertainty on an economic decision. Students in applied business and economics can more easily grasp difficult analytical methods with Excel spreadsheets. The book covers the basic ideas of probability, how to simulate random variables, and how to compute conditional probabilities via ...

Passion and Craft
  • Language: en
  • Pages: 148

Passion and Craft

  • Type: Book
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  • Published: 1998
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  • Publisher: Unknown

Autobiographical essays from twenty top economists at mid-career

Nobel Life
  • Language: en
  • Pages: 235

Nobel Life

Lively and engaging conversations with 24 Nobel Prize winners, revealing their stories and providing inspiration for the next generation.

Putting Auction Theory to Work
  • Language: en
  • Pages: 378

Putting Auction Theory to Work

This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.

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.

A Celebration of John F. Nash Jr.
  • Language: en
  • Pages: 512

A Celebration of John F. Nash Jr.

This collection celebrates the pathbreaking work in game theory and mathematics of John F. Nash Jr., winner of the 1994 Nobel Prize in Economics. Nash's analysis of equilibria in the theory of non-cooperative games has had a major impact on modern economic theory. This book, also published as volume 81 of the Duke Mathematical Journal, includes an important, but previously unpublished paper by Nash; the proceedings of the Nobel seminar held in Stockholm on December 8, 1994 in his honor; and papers by distinguished mathematicians and economists written in response to and in honor of Nash's pioneering contributions to those fields. In 1950, when he was 22 years old, Nash presented his key idea...