Correlated Equilibria and Local Interactions
Author: George Joseph Mailath
Publisher:
Published: 1995
Total Pages: 18
ISBN-13:
DOWNLOAD EBOOKPosts
Interaction and Market Structure
Author: Domenico Delli Gatti
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 302
ISBN-13: 3642570054
DOWNLOAD EBOOKThis book is a collection of essays which examine how the properties of aggregate variables are influenced by the actions and interactions of heterogenous individuals in different economic contexts. The common denominator of the essays is a critique of the representative agent hypothesis. If this hypothesis were correct, the behaviour of the aggregate variable would simply be the reproduction of individual optimising behaviour. In the methodology of the hard sciences, one of the achievements of the quantum revolution has been the rebuttal of the notion that aggregate behaviour can be explained on the basis of the behaviour of a single unit: the elementary particle does not even exist as a single entity but as a network, a system of interacting units. In this book, new tracks in economics which parallel the developments in physics mentioned above are explored. The essays, in fact are contributions to the analysis of the economy as a complex evolving system of interacting agents.
The Evolution of Economic Diversity
Author: Antonio Nicita
Publisher: Routledge
Published: 2013-12-16
Total Pages: 455
ISBN-13: 113635669X
DOWNLOAD EBOOKThe traditional role of evolutionary theory in the social sciences has been to explain the existence of an object in terms of the survival of the fittest. In economics this approach has acted as a justification for hypotheses such as profit maximisation, or the existence of institutions in terms of their overall efficiency. This volume challenges that view and argues that one of the first tasks of economic theory should be to explain the enormous diversity of institutional arrangements that has characterised human societies.
Correlations And Multiparticle Production (Camp) - Proceedings Of The Workshop On Local Equilibrium In Strong Interaction Physics - Lesip Iv
Author: M Plumer
Publisher: World Scientific
Published: 1991-01-30
Total Pages: 476
ISBN-13: 9814611255
DOWNLOAD EBOOKThe main theme of this workshop, the fourth meeting in the LESIP series, is correlations and Fluctuations in strong interaction processes. While the emphasis was on Bose-Einstein correlations between identical particles, other kinds of correlations (between non-identical particles, multiplicity distributions, transverse energy distributions, inelasticity distributions etc.) were addressed. The recent developments in fractal dynamics, intermittency, deterministic chaos and information entropy and their roles in high energy physics also was addressed. Finally, transverse energy distributions and inelasticity distributions, insofar as they impart information about thermalization of the energy available for hadronization, was discussed. These issues are of relevance for the current searches for Quark-Gluon-Plasma. The goal of the workshop is to provide a forum for the presentation of new experimental results.
Evolution and Endogenous Interactions
Author: George Joseph Mailath
Publisher:
Published: 1994
Total Pages: 40
ISBN-13:
DOWNLOAD EBOOKGroup Formation in Economics
Author: Gabrielle Demange
Publisher: Cambridge University Press
Published: 2005-01-10
Total Pages: 500
ISBN-13: 9781139444415
DOWNLOAD EBOOKBroad and diverse ranges of activities are conducted within and by organized groups of individuals, including political, economic and social activities. These activities have become a subject of intense interest in economics and game theory. Some of the topics investigated in this collection are models of networks of power and privilege, trade networks, co-authorship networks, buyer–seller networks with differentiated products, and networks of medical innovation and the adaptation of new information. Other topics are social norms on punctuality, clubs and the provision of club goods and public goods, research and development and collusive alliances among corporations, and international alliances and trading agreements. While relatively recent, the literature on game theoretic studies of group formation in economics is already vast. This volume provides an introduction to this important literature on game-theoretic treatments of situations with networks, clubs, and coalitions, including some applications.
Out-of-Equilibrium Physics of Correlated Electron Systems
Author: Roberta Citro
Publisher: Springer
Published: 2018-07-26
Total Pages: 199
ISBN-13: 331994956X
DOWNLOAD EBOOKThis book is a wide-ranging survey of the physics of out-of-equilibrium systems of correlated electrons, ranging from the theoretical, to the numerical, computational and experimental aspects. It starts from basic approaches to non-equilibrium physics, such as the mean-field approach, then proceeds to more advanced methods, such as dynamical mean-field theory and master equation approaches. Lastly, it offers a comprehensive overview of the latest advances in experimental investigations of complex quantum materials by means of ultrafast spectroscopy.
Non-cooperative Equilibria of Fermi Systems with Long Range Interactions
Author: Jean-Bernard Bru
Publisher: American Mathematical Soc.
Published: 2013-06-28
Total Pages: 173
ISBN-13: 0821889761
DOWNLOAD EBOOKThe authors define a Banach space $\mathcal{M}_{1}$ of models for fermions or quantum spins in the lattice with long range interactions and make explicit the structure of (generalized) equilibrium states for any $\mathfrak{m}\in \mathcal{M}_{1}$. In particular, the authors give a first answer to an old open problem in mathematical physics--first addressed by Ginibre in 1968 within a different context--about the validity of the so-called Bogoliubov approximation on the level of states. Depending on the model $\mathfrak{m}\in \mathcal{M}_{1}$, the authors' method provides a systematic way to study all its correlation functions at equilibrium and can thus be used to analyze the physics of long range interactions. Furthermore, the authors show that the thermodynamics of long range models $\mathfrak{m}\in \mathcal{M}_{1}$ is governed by the non-cooperative equilibria of a zero-sum game, called here thermodynamic game.
Handbook of Social Economics SET: 1A, 1B
Author: Jess Benhabib
Publisher: Newnes
Published: 2011
Total Pages: 1509
ISBN-13: 0444537139
DOWNLOAD EBOOKHow can economists define and measure social preferences and interactions? Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Identifying economic strains in activities such as learning, group formation, discrimination, and the creation of peer dynamics, they demonstrate how they tease out social preferences from the influences of culture, familial beliefs, religion, and other forces. Advances our understanding about quantifying social interactions and the effects of culture Summarizes research on theoretical and applied economic analyses of social preferences Explores the recent willingness among economists to consider new arguments in the utility function
Connections
Author: Sanjeev Goyal
Publisher: Princeton University Press
Published: 2012-01-12
Total Pages: 303
ISBN-13: 140082916X
DOWNLOAD EBOOKNetworks pervade social and economic life, and they play a prominent role in explaining a huge variety of social and economic phenomena. Standard economic theory did not give much credit to the role of networks until the early 1990s, but since then the study of the theory of networks has blossomed. At the heart of this research is the idea that the pattern of connections between individual rational agents shapes their actions and determines their rewards. The importance of connections has in turn motivated the study of the very processes by which networks are formed. In Connections, Sanjeev Goyal puts contemporary thinking about networks and economic activity into context. He develops a general framework within which this body of research can be located. In the first part of the book he demonstrates that location in a network has significant effects on individual rewards and that, given this, it is natural that individuals will seek to form connections to move the network in their favor. This idea motivates the second part of the book, which develops a general theory of network formation founded on individual incentives. Goyal assesses the robustness of current research findings and identifies the substantive open questions. Written in a style that combines simple examples with formal models and complete mathematical proofs, Connections is a concise and self-contained treatment of the economic theory of networks, one that should become the natural source of reference for graduate students in economics and related disciplines.
