Multiple referrals and multidimensional cheap talk
Author: Marco Battaglini
Publisher:
Published: 2000
Total Pages: 36
ISBN-13:
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Author: Marco Battaglini
Publisher:
Published: 2000
Total Pages: 36
ISBN-13:
DOWNLOAD EBOOKAuthor: Gilat Levy
Publisher:
Published: 2004
Total Pages: 46
ISBN-13:
DOWNLOAD EBOOKAuthor: Banasri Basu
Publisher: Springer Science & Business Media
Published: 2010-06-01
Total Pages: 394
ISBN-13: 8847015014
DOWNLOAD EBOOKThe combined efforts of the Physicists and the Economists in recent years in analyzing and modelling various dynamic phenomena in monetary and social systems have led to encouraging developments, generally classified under the title of Econophysics. These developments share a common ambition with the already established field of Quantitative Economics. This volume intends to offer the reader a glimpse of these two parallel initiatives by collecting review papers written by well-known experts in the respective research frontiers in one cover. This massive book presents a unique combination of research papers contributed almost equally by Physicists and Economists. Additional contributions from Computer Scientists and Mathematicians are also included in this volume. The book consists of two parts: the first part concentrates on Econophysics problems and the second part stresses on various quantitative issues in Economics. Both parts specialize on frontier problems in Games and Social Choices.
Author: C. M. Capra
Publisher: Edward Elgar Publishing
Published: 2020-10-30
Total Pages: 448
ISBN-13: 1785363336
DOWNLOAD EBOOKThe 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.
Author: Olivier Compte
Publisher: Cambridge University Press
Published: 2019
Total Pages: 303
ISBN-13: 1108422020
DOWNLOAD EBOOKProposes novel methods to incorporate ignorance and uncertainty into economic modeling without complex mathematics.
Author: Steven N. Durlauf
Publisher: Springer
Published: 2016-07-14
Total Pages: 391
ISBN-13: 0230280846
DOWNLOAD EBOOKSpecially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.
Author: Nolan McCarty
Publisher: Cambridge University Press
Published: 2007-01-08
Total Pages: 7
ISBN-13: 1139461818
DOWNLOAD EBOOKPolitical Game Theory is a self-contained introduction to game theory and its applications to political science. The book presents choice theory, social choice theory, static and dynamic games of complete information, static and dynamic games of incomplete information, repeated games, bargaining theory, mechanism design and a mathematical appendix covering, logic, real analysis, calculus and probability theory. The methods employed have many applications in various disciplines including comparative politics, international relations and American politics. Political Game Theory is tailored to students without extensive backgrounds in mathematics, and traditional economics, however there are also many special sections that present technical material that will appeal to more advanced students. A large number of exercises are also provided to practice the skills and techniques discussed.
Author: Daphne R. Raban
Publisher: Edward Elgar Publishing
Published: 2024-03-14
Total Pages: 579
ISBN-13: 1802203966
DOWNLOAD EBOOKThe Elgar Companion to Information Economics dexterously navigates this interdisciplinary field of research which celebrates the crucial contribution of information to decision making, market dynamics, and economic well-being. Offering a wealth of conceptual analysis, this erudite Companion embarks on an intellectual journey exploring the fundamentals of information economics. This title contains one or more Open Access chapters.
Author: Alexander Philip Frankel
Publisher: Stanford University
Published: 2011
Total Pages: 164
ISBN-13:
DOWNLOAD EBOOKI consider models in which contracts are written over the verifiable actions taken by an agent in multiple decisions. The principal's preferences over actions depend on underlying states of the world, but only the agent observes the states. The principal cannot audit the agent's information or punish her ex post for having taken inappropriate actions. Moreover, the principal is uncertain about the agent's preferences conditional on the states. Chapter 2 extends the concept of a quota contract to account for discounting and for the possibility of infinitely many periods: a discounted quota fixes the number of expected discounted plays on each action. Discounted quotas are optimal contract forms, even if arbitrary dynamic transfer payments are available, if the agent is assumed to have state-independent preferences. I recursively characterize the optimal discounted quotas for an infinitely repeated problem with independent and identically distributed states. Then I give a more explicit description of these contracts in the limit as interactions become frequent, and when only two actions are available. In Chapter 3 I allow the agent's preferences to depend on the states of the world. Under a variety of assumptions on the timing of the game and on the set of possible agent utility functions, I solve for the max-min optimal mechanisms -- those which maximize the principal's payoff against the worst possible agent preference type. These mechanisms are characterized by a property which I call "aligned delegation." Max-min optimal mechanisms may take the simple forms of simultaneous ranking mechanisms, sequential quotas, or budgets.
Author: Alessandra Casella
Publisher: Oxford University Press on Demand
Published: 2012-01-12
Total Pages: 381
ISBN-13: 019530909X
DOWNLOAD EBOOKStorable votes allow the minority to win occasionally while treating every voter equally and increasing the efficiency of decision-making, without the need for external knowledge of voters' preferences. This book complements the theoretical discussion with several experiments, showing that the promise of the idea is borne out by the data: the outcomes of the experiments and the payoffs realized match very closely the predictions of the theory.