Negotiations In Nonzero Sum Games

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Negotiations In Nonzero Sum Games

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Author : Clement E. Falbo
language : en
Publisher:
Release Date : 1983

Negotiations In Nonzero Sum Games written by Clement E. Falbo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Economics categories.

Negotiations And Game Theory Understanding Situations In Which Decision Makers Interact

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Author : Elena Ristova
language : en
Publisher: GRIN Verlag
Release Date : 2020-07-09

Negotiations And Game Theory Understanding Situations In Which Decision Makers Interact written by Elena Ristova and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-09 with Business & Economics categories.

Seminar paper from the year 2014 in the subject Economics - International Economic Relations, grade: 1,7, Pforzheim University, language: English, abstract: This paper is about negotiations and the game theory. Negotiation has been since ever omnipresent. It can confront us in our daily life, for example the question who is doing the dishes today or in much more complex is-sues, such as in economics or politics. "Simply defined, negotiation is the process of attempting to get what one wants, through agreement with one or more other par-ties." There are different tools with which negotiations can be modeled. One of them is game theory. "GAME THEORY aims to help us understand situations in which decision-makers interact. A game in the everyday sense - a competitive activity in which players contend with each other according to a set of rules." According to the definition, game theory is an appropriate tool to apply for negotiations and get the best outcome of it. It can make it easier for us to analyze our own needs, the least acceptable agreement, and desires, the most desired outcome, but also the ones of our opponent. Consequently, game theory allows us to estimate the strategy the other party is going to use. Moreover, game theory reaches back far in history. There had been recognized some game theoretic situations even in the bible. But the major development started in the 1920s. First, game theory was a mathematic discipline. The two mathematicians, John von Neumann and Emile Borel worked on game theory and subsequently the book Theory of games and economic behavior was published by von Neumann and Oskar Morgenstern in 1944. Later, in the 1950s, game theory was not only considered to be a mathematician discipline, but it has been also applied in "economic theory and political science, and psychologists began studying how human subjects behave in experimental games."

Games Theory And Applications

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Author : L. C. Thomas
language : en
Publisher: Courier Corporation
Release Date : 2012-12-13

Games Theory And Applications written by L. C. Thomas and has been published by Courier Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-13 with Mathematics categories.

This text opens with the theory of 2-person zero-sum games, 2-person non-zero sum games, and n-person games, at a level between non-mathematical introductory books and technical mathematical game theory books. Includes introductory explanations of gaming and meta games. Includes numerous exercises anbd problems with solutions and over 30 illustrations. 1986 edition.

Two Person Game Theory

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Author : Anatol Rapoport
language : en
Publisher: Courier Corporation
Release Date : 1999-01-20

Two Person Game Theory written by Anatol Rapoport and has been published by Courier Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-01-20 with Mathematics categories.

This fascinating and provocative book presents the fundamentals of two-person game theory, a mathematical approach to understanding human behavior and decision-making.

Nonzero Sum Differential Games Concepts And Models

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Author : Alan W. Starr
language : en
Publisher:
Release Date : 1969

Nonzero Sum Differential Games Concepts And Models written by Alan W. Starr and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1969 with categories.

A general class of differential games, where the N players try to minimize different cost criteria by controlling inputs to a single dynamic system, is investigated as an extension of optimal control theory. Dropping the usual zero-sum assumption makes it possible to model a more realistic class of competitive situations where mutual interest is important. The nonzero-sum formulation has several interesting analytic and conceptual features not found in zero-sum differential games. It is no longer obvious what should be demanded of a 'solution, ' and three types of solution concepts are discussed: Nash equilibrium, minimax, and noninferior (or Pareto optimal) strategies. For one special case, the 'linear-quadratic' differential game, all of these solutions can be computed exactly by solving sets of coupled ordinary matrix differential equations. Some simple examples are solved, and series of more difficult but more realistic nonzero-sum differential game situations are presented (but not solved) for models of economic oligopoly, advertising policy, labor-management negotiations, and international trade. (Author).

Repeated Play In Non Cooperative Game Theory

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Author : Jean-Pierre Patrick Langlois
language : en
Publisher:
Release Date : 1982

Repeated Play In Non Cooperative Game Theory written by Jean-Pierre Patrick Langlois and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Game theory categories.

Game Theory

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Author : Morton D. Davis
language : en
Publisher: Courier Corporation
Release Date : 2012-05-11

Game Theory written by Morton D. Davis and has been published by Courier Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-11 with Mathematics categories.

This fascinating, newly revised edition offers an overview of game theory, plus lucid coverage of two-person zero-sum game with equilibrium points; general, two-person zero-sum game; utility theory; and other topics.

Theory Of Games And Strategies

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Author : Richard I. Levin
language : en
Publisher:
Release Date : 1970

Theory Of Games And Strategies written by Richard I. Levin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with Mathematics categories.

International's Series in management science.

Rational Behavior And Bargaining Equilibrium In Games And Social Situations

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Author : John C. Harsanyi
language : en
Publisher: CUP Archive
Release Date : 1986

Rational Behavior And Bargaining Equilibrium In Games And Social Situations written by John C. Harsanyi and has been published by CUP Archive this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Decision-making categories.

This is a paperback edition of a major contribution to the field, first published in hard covers in 1977. The book outlines a general theory of rational behaviour consisting of individual decision theory, ethics, and game theory as its main branches. Decision theory deals with a rational pursuit of individual utility; ethics with a rational pursuit of the common interests of society; and game theory with an interaction of two or more rational individuals, each pursuing his own interests in a rational manner.

The Strategy Of Conflict

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Author : Thomas C. Schelling
language : en
Publisher: Harvard University Press
Release Date : 1980

The Strategy Of Conflict written by Thomas C. Schelling and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with History categories.

Analyzes the nature of international disagreements and conflict resolution in terms of game theory and non-zero-sum games.