-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 …

development of the theory presented here, and to its economic applications. They propose rational criteria for selecting one … be remodelled as a noncooperative bargaining game, their theory defines a one-point solution for any cooperative game as … a remarkable degree of theoretical unification for game theory as a whole and provides a deeper insight into the nature …

A Course in Game Theory presents the main ideas of game theory at a level suitable for graduate students and advanced … undergraduates, emphasizing the theory's foundations and interpretations of its basic concepts. The authors provide precise …

This text introduces current evolutionary game theory--where ideas from evolutionary biology and rationalistic … economics meet--emphasizing the links between static and dynamic approaches and noncooperative game theory. The author provides … an overview of the developments that have taken place in this branch of game theory, discusses the mathematical tools …