Axiomatic Bargaining Game Theory

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Axiomatic Bargaining Game Theory

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Author : H.J. Peters
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-04-17

Axiomatic Bargaining Game Theory written by H.J. Peters and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-17 with Business & Economics categories.

Many social or economic conflict situations can be modeled by specifying the alternatives on which the involved parties may agree, and a special alternative which summarizes what happens in the event that no agreement is reached. Such a model is called a bargaining game, and a prescription assigning an alternative to each bargaining game is called a bargaining solution. In the cooperative game-theoretical approach, bargaining solutions are mathematically characterized by desirable properties, usually called axioms. In the noncooperative approach, solutions are derived as equilibria of strategic models describing an underlying bargaining procedure. Axiomatic Bargaining Game Theory provides the reader with an up-to-date survey of cooperative, axiomatic models of bargaining, starting with Nash's seminal paper, The Bargaining Problem. It presents an overview of the main results in this area during the past four decades. Axiomatic Bargaining Game Theory provides a chapter on noncooperative models of bargaining, in particular on those models leading to bargaining solutions that also result from the axiomatic approach. The main existing axiomatizations of solutions for coalitional bargaining games are included, as well as an auxiliary chapter on the relevant demands from utility theory.

Game Theoretic Models Of Bargaining

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Author : Alvin E. Roth
language : en
Publisher: Cambridge University Press
Release Date : 1985-11-29

Game Theoretic Models Of Bargaining written by Alvin E. Roth and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985-11-29 with Business & Economics categories.

This book provides a comprehensive picture of the new developments in bargaining theory.

Handbook Of Game Theory With Economic Applications

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Author : R.J. Aumann
language : en
Publisher: Elsevier
Release Date : 1992

Handbook Of Game Theory With Economic Applications written by R.J. Aumann and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.

This is the second of three volumes surveying the state of the art in Game Theory and its applications to many and varied fields, in particular to economics. The chapters in the present volume are contributed by outstanding authorities, and provide comprehensive coverage and precise statements of the main results in each area. The applications include empirical evidence. The following topics are covered: communication and correlated equilibria, coalitional games and coalition structures, utility and subjective probability, common knowledge, bargaining, zero-sum games, differential games, and applications of game theory to signalling, moral hazard, search, evolutionary biology, international relations, voting procedures, social choice, public economics, politics, and cost allocation. This handbook will be of interest to scholars in economics, political science, psychology, mathematics and biology. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes

Axiomatic Models Of Bargaining

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Author : A.E. Roth
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Axiomatic Models Of Bargaining written by A.E. Roth and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

The problem to be considered here is the one faced by bargainers who must reach a consensus--i.e., a unanimous decision. Specifically, we will be consid ering n-person games in which there is a set of feasible alternatives, any one of which can be the outcome of bargaining if it is agreed to by all the bargainers. In the event that no unanimous agreement is reached, some pre-specified disagree ment outcome will be the result. Thus, in games of this type, each player has a veto over any alternative other than the disagreement outcome. There are several reasons for studying games of this type. First, many negotiating situations, particularly those involving only two bargainers (i.e., when n = 2), are conducted under essentially these rules. Also, bargaining games of this type often occur as components of more complex processes. In addi tion, the simplicity of bargaining games makes them an excellent vehicle for studying the effect of any assumptions which are made in their analysis. The effect of many of the assumptions which are made in the analysis of more complex cooperative games can more easily be discerned in studying bargaining games. The various models of bargaining considered here will be studied axioma- cally. That is, each model will be studied by specifying a set of properties which serve to characterize it uniquely.

Bargaining Theory With Applications

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Author : Abhinay Muthoo
language : en
Publisher: Cambridge University Press
Release Date : 1999-08-19

Bargaining Theory With Applications written by Abhinay Muthoo and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-08-19 with Business & Economics categories.

Graduate textbook presenting abstract models of bargaining in a unified framework with detailed applications involving economic, political and social situations.

Game Theory

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Author : Shaun Hargreaves Heap
language : en
Publisher: Psychology Press
Release Date : 2004

Game Theory written by Shaun Hargreaves Heap and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.

Requiring no more than basic arithmetic, this book provides a careful and accessible introduction to the basic pillars of Game Theory, tracing its intellectual origins and philosophical premises.

A Game Theoretic Perspective On Coalition Formation

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Author : Debraj Ray
language : en
Publisher: Oxford University Press, USA
Release Date : 2007-11

A Game Theoretic Perspective On Coalition Formation written by Debraj Ray and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-11 with Business & Economics categories.

Drawing upon and extending his inaugural Lipsey Lectures, Debraj Ray looks at coalition formation from the perspective of game theory. Ray brings together developments in both cooperative and noncooperative game theory to study the analytics of coalition formation and binding agreements.

Political Game Theory

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Author : Nolan McCarty
language : en
Publisher: Cambridge University Press
Release Date : 2007-01-08

Political Game Theory written by Nolan McCarty and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-08 with Political Science categories.

Political 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.

Game Theoretic Analysis Of Congestion Safety And Security

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Author : Kjell Hausken
language : en
Publisher: Springer
Release Date : 2014-12-27

Game Theoretic Analysis Of Congestion Safety And Security written by Kjell Hausken and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-27 with Technology & Engineering categories.

Maximizing reader insights into the interactions between game theory, excessive crowding and safety and security elements, this book establishes a new research angle by illustrating linkages between different research approaches and through laying the foundations for subsequent analysis. Congestion (excessive crowding) is defined in this work as all kinds of flows; e.g., road/sea/air traffic, people, data, information, water, electricity, and organisms. Analysing systems where congestion occurs – which may be in parallel, series, interlinked, or interdependent, with flows one way or both ways – this book puts forward new congestion models, breaking new ground by introducing game theory and safety/security into proceedings. Addressing the multiple actors who may hold different concerns regarding system reliability; e.g. one or several terrorists, a government, various local or regional government agencies, or others with stakes for or against system reliability, this book describes how governments and authorities may have the tools to handle congestion, but that these tools need to be improved whilst additionally ensuring safety and security against various threats. This game-theoretic analysis sets this book apart from the current congestion literature and ensures that the book will be of use to postgraduates, researchers, 3rd/4th-year undergraduates, policy makers, and practitioners.

Game Theory

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Author : Steven N. Durlauf
language : en
Publisher: Springer
Release Date : 2016-07-14

Game Theory written by Steven N. Durlauf and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-14 with Literary Criticism categories.

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.