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This seminal work advances beyond neoclassical economics to provide an integrated overview of economic decision making … developments in learning and game theory, transaction costs and evolutionary economics to provide new insights into economic and … managerial phenomena. The results are applied to different levels of decision-making, including decisions by individuals, taking …
Persistent link: https://www.econbiz.de/10014473915
Persistent link: https://www.econbiz.de/10011851608
. Knowledge and beliefs in game theory -- pt. 3. Beliefs and decision theory -- pt. 4. Knowledge, beliefs and cognitive economics … general equilibrium theory, decision theory, game theory, experimental economics, evolutionary theory of the firm, financial …This book surveys how economists engage with knowledge and beliefs in various fields of economic analysis, such as …
Persistent link: https://www.econbiz.de/10011851754
international environmental agreement (IEA). Finus shows that by integrating real world restrictions into a model, game theory is a …
Persistent link: https://www.econbiz.de/10011851032
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 …
Persistent link: https://www.econbiz.de/10014473974
Contents: Introduction to the handbook of experimental game theory / C. Mónica Capra, Rachel T.A. Croson, Mary L …. Rigdon and Tanya S. Rosenblat -- Part I: A sampling of methodological innovations -- 1. Stochastic game theory for social … foundations / Andreas Blume, Ernest K. Lai and Wooyoung Lim -- 14. Communication and information in games of collective decision …
Persistent link: https://www.econbiz.de/10012416711
rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of … of game and decision theory …
Persistent link: https://www.econbiz.de/10014474112
In this note the unobserved component approach underlying the software package SEATS is compared with the Beveridge-Nelson type of decomposition for seasonal time series. The main strength of the SEATS approach lies in the appealing model formulation and the careful specification and adjustment...
Persistent link: https://www.econbiz.de/10009574877
We introduce a nonparametric smoothing procedure for nonparametric factor analaysis of multivariate time series. The asymptotic properties of the proposed procedures are derived. We present an application based on the residuals from the Fair macromodel. -- Factor Analysis ; Time Series ; Kernel...
Persistent link: https://www.econbiz.de/10009578000
We propose a nonparametric test for checking parametric hypotheses about the stationary density of weakly dependent observations. The test statistic is based on the L2-distance between a nonparametric and a smoothed version of a parametric estimate of the stationary density. It can be shown that...
Persistent link: https://www.econbiz.de/10009578009