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 …

from market analysis and game theory to the microeconomic foundations of macroeconomics and from equilibrium and optimality … with missing markets to economics and society, they reflect the diversity of modern research in economic theory. What …

This advanced text introduces the principles of noncooperative game theory - including strategic form games, Nash … given point. The analytic material is accompanied by many applications, examples, and exercises. The theory of …. Although game theory has been applied to many fields, Fudenberg and Tirole focus on the kinds of game theory that have been …