Essays Of Game Theory And Its Applications In Political Economy
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Essays Of Game Theory And Its Applications In Political Economy
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Author : Xinyu Fan
language : en
Publisher:
Release Date : 2018
Essays Of Game Theory And Its Applications In Political Economy written by Xinyu Fan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
The dissertation consists of three essays on the formation of organizational structures and cultural practices. In many cases, the implementation of desirable institutions cannot be relied on the good hearts of the individuals in power. Game theoretical analysis thus deepens our understanding of whether benevolence can be achieved out of the most extreme cases of self-interest, and more importantly, how. The first chapter studies the inevitable path towards centralization after power struggles. Power struggles are modeled as iterative coalition formation in which players use their power to form alliances, eliminate others, and split resources, when formal commitment is impossible. Players can strategically give away power, i.e., burn power to invite new alliances or buy off key members to survive. The stability of a power structure relies on the existence of a vested interested group that has regime changing abilities, but chooses not to do so because the weak outsiders cede power to the strong insiders to deter regime changes. We show the Iron Law of Oligarchy holds that regardless of the immediate directions of power shifts, power often ends up more concentrated to a few elite members. The model explains the reproduction of a ruling minority over and over again after various regime changes. The second chapter (joint work with Feng Yang) discusses how a mid-tier officer strategically promotes his subordinates to build up reputation when the big boss is watching him. We show that promotion can be a signaling tool for the superior officer, where he can strategically postpone promoting the subordinate to shift blame and enhance his own reputation. Furthermore, with top-down personnel control, the promoter has extra incentives to shirk, knowing that information manipulation is always an option in the future. The third chapter (joint work with Lingwei Wu) explores the economic origins of gender-biased social norms, in the context of foot-binding, a painful custom that persisted in historical China. We present a unified theory to explain the key stylized facts about foot-binding, and investigates its historical dynamics driven by a gender-asymmetric mobility system in historical China (the Civil Examination System, Keju).
Essays In Game Theory And Its Application To Political Economy And Finance
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Author : Tilman Klumpp
language : en
Publisher:
Release Date : 2002
Essays In Game Theory And Its Application To Political Economy And Finance written by Tilman Klumpp and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Economics categories.
Essays In Game Theory And Its Application To Political Economy And Finance
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Author : Tilman Klumpp
language : en
Publisher:
Release Date : 2002
Essays In Game Theory And Its Application To Political Economy And Finance written by Tilman Klumpp and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Economics categories.
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
Essays On Game Theory
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Author : The late John F. Nash
language : en
Publisher: Edward Elgar Publishing
Release Date : 1996-01-01
Essays On Game Theory written by The late John F. Nash and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-01-01 with Business & Economics categories.
'This short volume is very welcome . . . Most importantly, on pages 32-33, the volume reprints as an appendix to the journal article based on Nash's Princeton doctoral dissertation on non-cooperative games a section of the thesis on "motivation and interpretation" that was omitted from the article. An editorial note remarks mildly that "The missing section is of considerable interest". This section, not available in any other published source, makes the present volume indispensable for research libraries . . . Nash's Essays on Game Theory, dating from his years as a Princeton graduate student . . . has a lasting impact on economics and related fields unmatched by any series of articles written in such a brief time . . . To economists, his name will always bring to mind his game theory papers of the early 1950s. It is good to have these conveniently reprinted in this volume.' - Robert W. Dimand, The Economic Journal 'The news that John Nash was to share the 1994 Nobel Prize for Economics with John Harsanyi and Reinhard Selten was doubly welcome. It signalled not only that the brilliant achievements of his youth were to be recognized in a manner consistent with their significance, but that the long illness that clouded his later years had fallen into remission. I hope that this collection of his economic papers will serve as another reminder that John Nash has rejoined the intellectual community to which he has contributed so much.' - From the introduction by Ken Binmore Essays on Game Theory is a unique collection of seven of John Nash's essays which highlight his pioneering contribution to game theory in economics. Featuring a comprehensive introduction by Ken Binmore which explains and summarizes John Nash's achievements in the field of non-cooperative and cooperative game theory, this book will be an indispensable reference for scholars and will be welcomed by those with an interest in game theory and its applications to the social sciences.
Game Theory Economic Applications Game Theory And The Social Sciences
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Author : Yanis Varoufakis
language : en
Publisher:
Release Date : 2001
Game Theory Economic Applications Game Theory And The Social Sciences written by Yanis Varoufakis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Economics categories.
The articles covered in this extraordinary multi-volume set trace game theory from its place in the Enlightenment tradition, through the explosion of literature in the late 1970's, to issues of current and emerging debates. This extensively indexed set will be a valuable reference tool to researchers in sociology and politics, as well as to students of economics.
Game Theory For Political Scientists
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Author : James D. Morrow
language : en
Publisher: Princeton University Press
Release Date : 2020-05-05
Game Theory For Political Scientists written by James D. Morrow and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-05 with Political Science categories.
Game theory is the mathematical analysis of strategic interaction. In the fifty years since the appearance of von Neumann and Morgenstern's classic Theory of Games and Economic Behavior (Princeton, 1944), game theory has been widely applied to problems in economics. Until recently, however, its usefulness in political science has been underappreciated, in part because of the technical difficulty of the methods developed by economists. James Morrow's book is the first to provide a standard text adapting contemporary game theory to political analysis. It uses a minimum of mathematics to teach the essentials of game theory and contains problems and their solutions suitable for advanced undergraduate and graduate students in all branches of political science. Morrow begins with classical utility and game theory and ends with current research on repeated games and games of incomplete information. The book focuses on noncooperative game theory and its application to international relations, political economy, and American and comparative politics. Special attention is given to models of four topics: bargaining, legislative voting rules, voting in mass elections, and deterrence. An appendix reviews relevant mathematical techniques. Brief bibliographic essays at the end of each chapter suggest further readings, graded according to difficulty. This rigorous but accessible introduction to game theory will be of use not only to political scientists but also to psychologists, sociologists, and others in the social sciences.
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.
Games Rationality And Behaviour
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Author : Alessandro Innocenti
language : en
Publisher: Palgrave MacMillan
Release Date : 2008-01-15
Games Rationality And Behaviour written by Alessandro Innocenti and has been published by Palgrave MacMillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-15 with Business & Economics categories.
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 In The Social Sciences
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Author : Martin Shubik
language : en
Publisher:
Release Date : 1982
Game Theory In The Social Sciences written by Martin Shubik and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Economics categories.