Non-Cooperative Planning Theory

Non-Cooperative Planning Theory

Author: Peter Bogetoft

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 314

ISBN-13: 3642486363

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Planning in a general sense is concerned with the design of communication and decision making mechanisms in organizations where information and choice are decentralized. Non-cooperative planning theory as it is developed in this book treats the incentive aspects hereof. It stresses how strategic behavior and opportunism may impede planning, and how this can be coped with via the organization of communication and decision making, the design of information and control systems, and the development of incentive schemes. In particular, the book contains a thorough investigation of incentive provision in information production.


Noncooperative Game Theory

Noncooperative Game Theory

Author: João P. Hespanha

Publisher: Princeton University Press

Published: 2017-06-13

Total Pages: 242

ISBN-13: 0691175217

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Noncooperative Game Theory is aimed at students interested in using game theory as a design methodology for solving problems in engineering and computer science. João Hespanha shows that such design challenges can be analyzed through game theoretical perspectives that help to pinpoint each problem's essence: Who are the players? What are their goals? Will the solution to "the game" solve the original design problem? Using the fundamentals of game theory, Hespanha explores these issues and more. The use of game theory in technology design is a recent development arising from the intrinsic limitations of classical optimization-based designs. In optimization, one attempts to find values for parameters that minimize suitably defined criteria—such as monetary cost, energy consumption, or heat generated. However, in most engineering applications, there is always some uncertainty as to how the selected parameters will affect the final objective. Through a sequential and easy-to-understand discussion, Hespanha examines how to make sure that the selection leads to acceptable performance, even in the presence of uncertainty—the unforgiving variable that can wreck engineering designs. Hespanha looks at such standard topics as zero-sum, non-zero-sum, and dynamics games and includes a MATLAB guide to coding. Noncooperative Game Theory offers students a fresh way of approaching engineering and computer science applications. An introduction to game theory applications for students of engineering and computer science Materials presented sequentially and in an easy-to-understand fashion Topics explore zero-sum, non-zero-sum, and dynamics games MATLAB commands are included


Evaluation of Cooperative Planning in Supply Chains

Evaluation of Cooperative Planning in Supply Chains

Author: Luis Martín Díaz

Publisher: Springer Science & Business Media

Published: 2006-08-31

Total Pages: 317

ISBN-13: 3835057146

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Luis Martín Díaz shows why some companies are still reluctant to cooperate with partners in the supply chain even though it may be advantageous to them. Based on an extensive survey within the European automotive industry, he proposes solutions to this paradox and describes a prototype for the assessment of the added-value of cooperation.


Search Games and Other Applications of Game Theory

Search Games and Other Applications of Game Theory

Author: Andrey Garnaev

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 157

ISBN-13: 3642573045

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This book is on applications of game theory. The title of this book is not "Game Theory and its Applications" because it does not construct a general theory for considered games. The book contains a lot of examples of applica tion of game theory together with the background of those games considered and a list of unsolved problems. Also we consider only the game where the optimal strategies of the players are found in closed form. This book is an attempt to carryon the approach developed in nice books "Search Games" by Gal and "Geometric Games and their Applications" by Ruckle. The first chapter of this book supplies the required definitions and theorems from game theory. The second chapter deals with discrete search games where both players act simultaneously: the games of protection of a channel from infiltration of a submarine, the submarine versus helicopter game, the matrix search games and others. The third chapter considers the game where the players allocate their contin uous efforts. In these games players face up an alternative either not to come into contest if the cost of efforts seems too high, or come into it. In the last case the player have to decide how much resources they can afford to spend. The allocation models of search, antiballistic protection and marketing are investigated.


Cooperatives and Payment Schemes

Cooperatives and Payment Schemes

Author: Peter Bogetoft

Publisher: Copenhagen Business School Press DK

Published: 2007

Total Pages: 256

ISBN-13: 9788763001953

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Cooperatives and cooperative payment schemes, cost, and profit sharing rules are found in all sectors of society - including law and consultancy, insurance and finance, health, housing, utility, and, of course, agriculture. This book develops an economic framework for assessing different cooperative payment schemes. First, a number of relevant criteria (properties) are defined, then the book analyzes how well different schemes fulfill these criteria under alternative production and market conditions. The book is aimed at professionals involved in the design and use of payment schemes, as well as students and researchers at universities. The book includes a number of practical examples from the agro-industrial sector. The criteria and schemes are also illustrated with simple numerical examples and graphics. For the more technically minded, there are specially highlighted sections containing formalized mathematical presentations.


Cooperative Decision Making in Common Pool Situations

Cooperative Decision Making in Common Pool Situations

Author: Holger I. Meinhardt

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 212

ISBN-13: 3642561365

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The monograph gives a theoretical explanation of observed cooperative behavior in common pool situations. The incentives for cooperative decision making are investigated by means of a cooperative game theoretical framework. In a first step core existence results are worked out. Whereas general core existence results provide us with an answer for mutual cooperation, nothing can be said how strong these incentives and how stable these cooperative agreements are. To clarify these questions the convexity property for common pool TU-games in scrutinized in a second step. It is proved that the convexity property holds for a large subclass of symmetrical as well as asymmetrical cooperative common pool games. Core existence and the convexity results provide us with a theoretical explanation to bridge the gap between the observation in field studies for cooperation and the noncooperative prediction that the common pool resource will be overused and perhaps endangered.


Non-Linear Dynamics and Endogenous Cycles

Non-Linear Dynamics and Endogenous Cycles

Author: Gilbert Abraham-Frois

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 204

ISBN-13: 3642589014

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Considerable work has been done on chaotic dynamics in the field of economic growth and dynamic macroeconomic models during the last two decades. This book considers numerous new developments: introduction of infrastructure in growth models, heterogeneity of agents, hysteresis systems, overlapping models with "pay-as-you-go" systems, keynesian approaches with finance considerations, interactions between relaxation cycles and chaotic dynamics, methodological issues, long memory processes and fractals... A volume of contributions which shows the relevance and fruitfulness of non-linear analysis for the explanation of complex dynamics in economic systems.


A Macroeconomic Model of West German Unemployment

A Macroeconomic Model of West German Unemployment

Author: Michael Reutter

Publisher: Springer Science & Business Media

Published: 2001

Total Pages: 150

ISBN-13: 9783540412441

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The book offers an explanation of unemployment based on a model of wage bargaining between a trade union and an employers' association. The theoretical model emphasizes the importance of distributional fairness in wage negotiations, especially with regard to factor taxation. This is achieved by the application of the proportional solution to the bargaining problem. It is shown, that this solution concept delivers a reasonable model of long run wage determination in which the natural rate of unemployment is independent of productivity growth. Taxes on labour and capital are identified as important determinants of equilibrium employment, the labour tax having a negative, the capital income tax having a positive effect. The latter result distinguishes the model from the standard literature. An empirical test using cointegration methods with West German data confirms the theoretical predictions.


Theories of Imperfectly Competitive Markets

Theories of Imperfectly Competitive Markets

Author: Luis Corchon

Publisher: Springer Science & Business Media

Published: 2013-06-29

Total Pages: 177

ISBN-13: 366222531X

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One of the most fascinating debates of our times is the discussion over the merits and capabilities of market economies. Very often, one sees strong endorsements to the idea that markets provide an efficient way of allocating resources. Some years ago, opposite views on this issue used to be very popular (at least in Europe) and were held by similarly qualified people. In my opinion, the contribution of economics to this question can not be dismissed on the grounds that economics still in its infancy and that this question is a "practical" one (whatever this means). Economics started with similar naive ideas, two hundred years ago. In particular it has taken a long time to realize that competition does not work in such a smooth way as many classical writers thought it did, and that many facts can not be explained by the theory of perfectly competitive markets. This issue is explored at depth in the Introduction to this Lectures. In this sense the contribution of the Theory of industrial Organization has been to make a convincing case for the view that monopoly and oligopoly can persist in the long run in a world populated by rational agents. Despite of the fact that we are far from having a satisfactory theory of how markets work, progress has been immense, and we certainly understand why current theories are still not completely satisfactory.