A Survey Of Dynamic Games In Economics

A Survey Of Dynamic Games In Economics

Author: Ngo Van Long

Publisher: World Scientific

Published: 2010-09-23

Total Pages: 290

ISBN-13: 981446595X

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This book provides readers with a comprehensive survey of models of dynamic games in economics, including an extensive coverage of numerous fields of applications. It will also discuss and explain main concepts and techniques used in dynamic games, and inform readers of its major developments while equipping them with tools and ideas that will aid in the formulation of solutions for problems. A Survey of Dynamic Games in Economics will interest those who wish to study more about the conceptions, approaches and models that are applied in the domain of dynamic games.


Essays in Economic Dynamics

Essays in Economic Dynamics

Author: Akio Matsumoto

Publisher: Springer

Published: 2016-09-22

Total Pages: 257

ISBN-13: 981101521X

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This book reflects the state of the art in nonlinear economic dynamics, providing a broad overview of dynamic economic models at different levels. The wide variety of approaches ranges from theoretical and simulation analysis to methodological study. In particular, it examines the local and global asymptotical behavior of both macro- and micro- level mathematical models, theoretically as well as using simulation. It also focuses on systems with one or more time delays for which new methodology has to be developed to investigate their asymptotic properties. The book offers a comprehensive summary of the existing methodology with extensions to the more complex model variants, since considerations on bounded rationality of complex economic behavior provide the foundation underlying choice-theoretic and policy-oriented studies of macro behavior, which impact the real macro economy. It includes 13 chapters addressing traditional models such as monopoly, duopoly and oligopoly in microeconomics and Keynesian, Goodwinian, and Kaldor–Kaleckian models in macroeconomics. Each chapter presents new aspects of these traditional models that have never been seen before. This work renews the past wisdom and reveals tomorrow's knowledge.


Game Theory and Economic Behaviour

Game Theory and Economic Behaviour

Author: Reinhard Selten (Economist, Germany)

Publisher: Edward Elgar Publishing

Published: 1999-03-24

Total Pages: 924

ISBN-13: 9781781008294

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'These two volumes constitute an impressive collection of selected path-breaking works of Professor Selten. . . . Edward Elgar Publications deserve merit for bringing out most frequently-cited and prominent articles of Professor Selten in a conveniently available package.' - K. Ravikumar, Journal of Scientific and Industrial Research In 1994, the Nobel Prize was awarded to Reinhard Selten, John Nash and John Harsanyi, for pioneering analysis in game theory. Selten was the first to refine the Nash equilibrium concept of non-cooperative games for analysing dynamic strategic interaction and to apply these concepts to analyses of oligopoly.


Innovation, Organization and Economic Dynamics

Innovation, Organization and Economic Dynamics

Author: Giovanni Dosi

Publisher: Edward Elgar Publishing

Published: 2000-01-01

Total Pages: 728

ISBN-13: 9781782541851

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Conventional economic analysis of property rights in natural resources is too narrow and restrictive to allow for effective comparisons between alternative institutional structures. In this book, a conceptual framework is developed for the analysis of the


Optimization, Dynamics, and Economic Analysis

Optimization, Dynamics, and Economic Analysis

Author: Engelbert J. Dockner

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 434

ISBN-13: 3642576842

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This book includes a collection of articles that present recent developments in the fields of optimization and dynamic game theory, economic dynamics, dynamic theory of the firm, and population dynamics and non standard applications of optimal control theory. The authors of the articles are well respected authorities in their fields and are known for their high quality research in the fields of optimization and economic dynamics.


Essay in Cooperative Games

Essay in Cooperative Games

Author: Gianfranco Gambarelli

Publisher: Springer Science & Business Media

Published: 2013-06-05

Total Pages: 241

ISBN-13: 1402029365

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Essays on Cooperative Games collates selected contributions on Cooperative Games. The papers cover both theoretical aspects (Coalition Formation, Values, Simple Games and Dynamic Games) and applied aspects (in Finance, Production, Transportation and Market Games). A contribution on Minimax Theorem (by Ken Binmore) and a brief history of early Game Theory (by Gianfranco Gambarelli and Guillermo Owen) are also enclosed.


Dynamic Perspectives on Managerial Decision Making

Dynamic Perspectives on Managerial Decision Making

Author: Herbert Dawid

Publisher: Springer

Published: 2016-09-15

Total Pages: 518

ISBN-13: 3319391208

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This volume collects research papers addressing topical issues in economics and management with a particular focus on dynamic models which allow to analyze and foster the decision making of firms in dynamic complex environments. The scope of the contributions ranges from daily operational challenges firms face to strategic choices in dynamic industry environments and the analysis of optimal growth paths. The volume also highlights recent methodological developments in the areas of dynamic optimization, dynamic games and meta-heuristics, which help to improve our understanding of (optimal) decision making in a fast evolving economy.