Theory of Games and Economic Behavior

Theory of Games and Economic Behavior

PDF Theory of Games and Economic Behavior Download

  • Author: John von Neumann
  • Publisher: Princeton University Press
  • ISBN: 1400829461
  • Category : Business & Economics
  • Languages : en
  • Pages : 774

This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences. This sixtieth anniversary edition includes not only the original text but also an introduction by Harold Kuhn, an afterword by Ariel Rubinstein, and reviews and articles on the book that appeared at the time of its original publication in the New York Times, tthe American Economic Review, and a variety of other publications. Together, these writings provide readers a matchless opportunity to more fully appreciate a work whose influence will yet resound for generations to come.


Game Theory and Economic Behaviour

Game Theory and Economic Behaviour

PDF Game Theory and Economic Behaviour Download

  • Author: Reinhard Selten (Economist, Germany)
  • Publisher: Edward Elgar Publishing
  • ISBN: 9781781008294
  • Category :
  • Languages : en
  • Pages : 924

'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.


Theory of Games and Economic Behavior

Theory of Games and Economic Behavior

PDF Theory of Games and Economic Behavior Download

  • Author: John Von Neumann
  • Publisher:
  • ISBN:
  • Category : Business & Economics
  • Languages : en
  • Pages : 684

This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences.


Game Theory and Economic Analysis

Game Theory and Economic Analysis

PDF Game Theory and Economic Analysis Download

  • Author: Christian Schmidt
  • Publisher: Routledge
  • ISBN: 1134511183
  • Category : Business & Economics
  • Languages : en
  • Pages : 202

This book presents the huge variety of current contributions of game theory to economics. The impressive contributions fall broadly into two categories. Some lay out in a jargon free manner a particular branch of the theory, the evolution of one of its concepts, or a problem, that runs through its development. Others are original pieces of work that are significant to game theory as a whole. After taking the reader through a concise history of game theory, the contributions include such themes as: *the connections between Von Neumann's mathematical game theory and the domain assigned to him today *the strategic use of information by game players *the problem of the coordination of strategic choices between independent players *cooperative games and their place within the literature of games plus new developments in non-cooperative games *possible applications for game theory in industrial and financial economics differential qualitative games and entry dissuasion.


Handbook of Experimental Game Theory

Handbook of Experimental Game Theory

PDF Handbook of Experimental Game Theory Download

  • Author: C. M. Capra
  • Publisher: Edward Elgar Publishing
  • ISBN: 1785363336
  • Category : Business & Economics
  • Languages : en
  • Pages : 448

The 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.


Games, Rationality and Behaviour

Games, Rationality and Behaviour

PDF Games, Rationality and Behaviour Download

  • Author: Alessandro Innocenti
  • Publisher: Palgrave MacMillan
  • ISBN:
  • Category : Business & Economics
  • Languages : en
  • Pages : 328

Behavioural game theory is the most important recent development of standard game theory, and its applications regard several fields of research, ranging from economic theory to sociology and political science. Behavioural game theory aims to provide a behavioural and psychological approach to game theory modelling, in order to identify more robust equilibrium outcomes and more realistic behavioural assumptions. This book explores the key topics in detail, covering issues such as players' heterogeneity, social preferences, reciprocity, learning and information, and punishment in public good games. It provides a state-of-the-art analysis of the progress and methodology of behavioural game theory, as well as exploring the interdisciplinary aspects of the subject, and is an extremely valuable resource for academics and scholars with an interest in the area. Book jacket.


Game Theory

Game Theory

PDF Game Theory Download

  • Author: Steven N. Durlauf
  • Publisher: Springer
  • ISBN: 0230280846
  • Category : Literary Criticism
  • Languages : en
  • Pages : 379

Specially 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.


Economic Behavior, Game Theory, and Technology in Emerging Markets

Economic Behavior, Game Theory, and Technology in Emerging Markets

PDF Economic Behavior, Game Theory, and Technology in Emerging Markets Download

  • Author: Christiansen, Bryan
  • Publisher: IGI Global
  • ISBN: 1466647469
  • Category : Business & Economics
  • Languages : en
  • Pages : 462

"This book explores game theory and its deep impact in developmental economics, specifically the manner in which it provides a way of formalizing institutions"--Provided by publisher.


Advances in Understanding Strategic Behaviour

Advances in Understanding Strategic Behaviour

PDF Advances in Understanding Strategic Behaviour Download

  • Author: S. Huck
  • Publisher: Springer
  • ISBN: 0230523374
  • Category : Business & Economics
  • Languages : en
  • Pages : 341

This volume contains sixteen original articles documenting recent progress in understanding strategic behaviour. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioural game theory, bounded rationality and economic psychology to experimental economics. There are plenty of new models and insights but the book also illustrates the boundaries of what we know today and explains the frontiers of tomorrow. The articles were written in honour of Werner Güth.


Toward a History of Game Theory

Toward a History of Game Theory

PDF Toward a History of Game Theory Download

  • Author: E. Roy Weintraub
  • Publisher: Duke University Press
  • ISBN: 9780822312536
  • Category : Business & Economics
  • Languages : en
  • Pages : 320

During the 1940s "game theory" emerged from the fields of mathematics and economics to provide a revolutionary new method of analysis. Today game theory provides a language for discussing conflict and cooperation not only for economists, but also for business analysts, sociologists, war planners, international relations theorists, and evolutionary biologists. Toward a History of Game Theory offers the first history of the development, reception, and dissemination of this crucial theory. Drawing on interviews with original members of the game theory community and on the Morgenstern diaries, the first section of the book examines early work in game theory. It focuses on the groundbreaking role of the von Neumann-Morgenstern collaborative work, The Theory of Games and Economic Behavior (1944). The second section recounts the reception of this new theory, revealing just how game theory made its way into the literatures of the time and thus became known among relevant communities of scholars. The contributors explore how game theory became a wedge in opening up the social sciences to mathematical tools and use the personal recollections of scholars who taught at Michigan and Princeton in the late 1940s to show why the theory captivated those practitioners now considered to be "giants" in the field. The final section traces the flow of the ideas of game theory into political science, operations research, and experimental economics. Contributors. Mary Ann Dimand, Robert W. Dimand, Robert J. Leonard, Philip Mirowski, Angela M. O'Rand, Howard Raiffa, Urs Rellstab, Robin E. Rider, William H. Riker, Andrew Schotter, Martin Shubik, Vernon L. Smith