-theoretic approach to develop a theory of oligopoly pricing. Vives begins by relating classic contributions to the field--including those …The "oligopoly problem"--the question of how prices are formed when the market contains only a few competitors--is one … of Cournot, Bertrand, Edgeworth, Chamberlin, and Robinson--to modern game theory. In his discussion of basic game …

dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and … macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal …

dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and … macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal …

Corporate managers who face both strategic uncertainty and market uncertainty confront a classic trade-off between …, "option games," by which the decision-making approaches of real options and game theory can be combined. The authors first … discuss prerequisite concepts and tools from basic game theory, industrial organization, and real options analysis, bringing …

theory, control theory, and econometrics. Chapters 1-7 discuss such topics as the important contributions of Francis Galton …

This book bridges optimal control theory and economics, discussing ordinary differential equations, optimal control …, game theory, and mechanism design in one volume. Technically rigorous and largely self-contained, it provides an … introduction to the use of optimal control theory for deterministic continuous-time systems in economics. The theory of ordinary …

In Game Theory and the Social Contract, Ken Binmore argues that game theory provides a systematic tool for … produce a synthesis that is consistent with the modern theory of noncooperative games. In the process, he notes logical … Theory and the Social Contract makes game-theoretic ideas more widely accessible to those with only a limited knowledge of …

commentary in which Binmore discusses the underlying game theory and addresses the criticism leveled at it by behavioral … economists. When Binmore began his experimental work in the 1980s, conventional wisdom held that game theory would not work in … the laboratory, but Binmore and other pioneers established that game theory can often predict the behavior of experienced …

Robert Aumann's groundbreaking career in game theory has spanned over 35 years. These two volumes provide convenient … categories: general, knot theory, decision theory (utility and subjective probability), strategic games, coalitional games, and …

Game theory has become increasingly popular among undergraduate as well as business school students. This text is the … teaching a course in game theory over the last six years at Columbia University. The book is divided into three parts … perfect equilibrium, repeated games, dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, and signaling …