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This chapter presents a summary of recent results obtained in game and social choice theories, and highlights the application and the development of tools in algebraic topology. The purpose is expository: no attempt is made to provide complete proofs, for which references are given, nor to...
Persistent link: https://www.econbiz.de/10005789359
The Article presents a brief survey of economic history, by emphasizing the earlier history of neo-classical economic theory and the economic theory of marginal utility. The Articles does so for exploring the relation of game theory or the strategic game to developments in the field or science...
Persistent link: https://www.econbiz.de/10005837542
In their recent work Thomas S. Schelling (2007, 2010), reiterating original arguments about game theory and its applications to social sciences. In particular, game theory helps to explore situations in which agents make decisions interdependent (strategic communication). Schelling's originality...
Persistent link: https://www.econbiz.de/10008541485
The digital revolution of the information age and in particular the sweeping changes of scientific communication brought about by computing and novel communication technology, potentiate global, high grade scientific information for free. The arXiv for example is the leading scientific...
Persistent link: https://www.econbiz.de/10005035014
The aim of this paper is to propose a methodology to stabilize the financial markets by adopting Game Theory, in particular, the Complete Study of a Differentiable Game and the new mathematical model of Coopetitive Game, proposed recently in the literature by D. Carfì. Specifically, we will...
Persistent link: https://www.econbiz.de/10009652924
This paper focuses on botnet economics and design of defensive strategies. It takes the view that by combining scarce information on the attackers’ business models, with rational economic analysis of these business processes, one can identify design rules for economic defense mechanisms which...
Persistent link: https://www.econbiz.de/10009021982
This paper examines the use of game theory in educational sciences. It describes the evolution of game theory from the defining axioms of Von Neumann and Morgenstern in 1944 to the present. After the Introduction and this description, the third part presents the methodology used to select...
Persistent link: https://www.econbiz.de/10009148024
This paper provides a model that attempts to deal with the transboundary nature of the acid rain problem, using a game theoretic approach consistent with mainstream economic theory. The general forms of cooperative and non-cooperative equilibria in the explicit and implicit set-up of the model...
Persistent link: https://www.econbiz.de/10009294917
In contrast to the existing literature, which explains the recurrent cost problem as largely the result of institutional impediments to LDC welfare maximization, this paper analyzes the problem by constructing a series of scenarios in which the less developed country would be led to reduce the...
Persistent link: https://www.econbiz.de/10005619470
90 Classical problems in economics are concerned with the solutions of several simultaneous nonlinear optimization problems, one for each consumer or producer, all facing constraints posed by the scarcity of resources. Often their interests conflict, and it is generally impossible to find a...
Persistent link: https://www.econbiz.de/10005621494