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Dynamic Games and Applications in Economics

Dynamic Games and Applications in Economics

Author: Tamer Başar

Publisher: Springer Science & Business Media

ISBN: 9783642616365

Category: Business & Economics

Page: 290

View: 973

This volume contains eleven articles which deal with different aspects of dynaoic and differential game theory and its applications in economic modeling and decision making. All but one of these were presented as invited papers in special sessions I organized at the 7th Annual Conference on Economic Dynamics and Control in London, England, during the period June 26-28, 1985. The first article, which comprises Chapter 1, provides a general introduction to the topic of dynamic and differential game theory, discusses various noncooperative equilibrium solution concepts, includ ing Nash, Stackelberg, and Consistent Conjectural Variations equilibria, and a number of issues such as feedback and time-consistency. The second chapter deals with the role of information in Nash equilibria and the role of leadership in Stackelberg problems. A special type of a Stackelberg problem is the one in which one dominant player (leader) acquires dynamic information involving the actions of the others (followers), and constructs policies (so-called incentives) which enforce a certain type of behavior on the followers; Chapter 3 deals with such a class of problems and presents some new theoretical results on the existence of affine incentive policies. The topic of Chapter 4 is the computation of equilibria in discounted stochastic dynamic games. Here, for problems with finite state and decision spaces, existing algorithms are reviewed, with a comparative study of their speeds of convergence, and a new algorithm for the computation of nonzero-sum game equilibria is presented.
Dynamic Games and Applications in Economics
Language: en
Pages: 290

Dynamic Games and Applications in Economics

Authors: Tamer Başar
Categories: Business & Economics
Type: BOOK - Published: 2012-12-06 - Publisher: Springer Science & Business Media

This volume contains eleven articles which deal with different aspects of dynaoic and differential game theory and its applications in economic modeling and decision making. All but one of these were presented as invited papers in special sessions I organized at the 7th Annual Conference on Economic Dynamics and Control
Advances in Dynamic Games and Their Applications
Language: en
Pages: 462

Advances in Dynamic Games and Their Applications

Authors: Pierre Bernhard, Vladimir Gaitsgory, Odile Pourtallier
Categories: Mathematics
Type: BOOK - Published: 2009-04-14 - Publisher: Birkhäuser

This book presents current advances in the theory of dynamic games and their applications in several disciplines. The selected contributions cover a variety of topics ranging from purely theoretical developments in game theory, to numerical analysis of various dynamic games, and then progressing to applications of dynamic games in economics,
Advances in Dynamic Games
Language: en
Pages: 679

Advances in Dynamic Games

Authors: Andrzej S. Nowak, Krzysztof Szajowski
Categories: Business & Economics
Type: BOOK - Published: 2007-12-24 - Publisher: Springer Science & Business Media

This book focuses on various aspects of dynamic game theory, presenting state-of-the-art research and serving as a guide to the vitality and growth of the field. A valuable reference for researchers and practitioners in dynamic game theory, it covers a broad range of topics and applications, including repeated and stochastic
Dynamic Games: Theory and Applications
Language: en
Pages: 272

Dynamic Games: Theory and Applications

Authors: Alain Haurie, Georges Zaccour
Categories: Business & Economics
Type: BOOK - Published: 2005-05-06 - Publisher: Springer Science & Business Media

Dynamic games continue to attract strong interest from researchers interested in modelling competitive as well as conflict situations exhibiting an intertemporel aspect. Applications of dynamic games have proven to be a suitable methodology to study the behaviour of players (decision-makers) and to predict the outcome of such situations in many
Advances in Dynamic Games and Applications
Language: en
Pages: 347

Advances in Dynamic Games and Applications

Authors: Eitan Altmann, Odile Pourtallier
Categories: Mathematics
Type: BOOK - Published: 2001-07-20 - Publisher: Springer Science & Business Media

Game theory is a rich and active area of research of which this new volume of the Annals of the International Society of Dynamic Games is yet fresh evidence. Since the second half of the 20th century, the area of dynamic games has man aged to attract outstanding mathematicians, who

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