Showing 1 - 10 of 25
control problem linking micro- and macroeconomics. …
Persistent link: https://www.econbiz.de/10005233383
control problem linking micro- and macroeconomics. …
Persistent link: https://www.econbiz.de/10005237360
Corporate managers who face both strategic uncertainty and market uncertainty confront a classic trade-off between commitment and flexibility. They can stake a claim by making a large capital investment today, influencing their rivals' behavior; or they can take a "wait and see" approach to...
Persistent link: https://www.econbiz.de/10010535207
theory, control theory, and econometrics. Chapters 1-7 discuss such topics as the important contributions of Francis Galton …
Persistent link: https://www.econbiz.de/10010535222
This book bridges optimal control theory and economics, discussing ordinary differential equations, optimal control … introduction to the use of optimal control theory for deterministic continuous-time systems in economics. The theory of ordinary …, and stability analysis. Following this, the book covers the main results of optimal control theory, in particular …
Persistent link: https://www.econbiz.de/10010535230
In Game Theory and the Social Contract, Ken Binmore argues that game theory provides a systematic tool for investigating ethical matters. His reinterpretation of classical social contract ideas within a game-theoretic framework generates new insights into the fundamental questions of social...
Persistent link: https://www.econbiz.de/10004973021
This volume brings together all of Ken Binmore's influential experimental papers on bargaining along with newly written 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...
Persistent link: https://www.econbiz.de/10004973065
Robert Aumann's groundbreaking career in game theory has spanned over 35 years. These two volumes provide convenient access to all of his major research--from his doctoral dissertation in 1956 to papers as recent as January 1995. Threaded through all of Aumann's work (symbolized in his thesis on...
Persistent link: https://www.econbiz.de/10004973109
The "oligopoly problem"--the question of how prices are formed when the market contains only a few competitors--is one of the more persistent problems in the history of economic thought. In this book Xavier Vives applies a modern game-theoretic approach to develop a theory of oligopoly pricing....
Persistent link: https://www.econbiz.de/10004973113
Game theory has become increasingly popular among undergraduate as well as business school students. This text is the first to provide both a complete theoretical treatment of the subject and a variety of real-world applications, primarily in economics, but also in business, political science,...
Persistent link: https://www.econbiz.de/10004973145