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Classical microeconomics is intended to explain how a price system is able to coordinate the economic agents. But even if it can be extended to incomplete information and externalities, it remains grounded on very heroic assumptions. Agents are endowed with a very strong rationality, equilibrium...
Persistent link: https://www.econbiz.de/10013520501
Introduction -- On the Works of Professor Koji Okuguchi -- Cournot, a Non-strategic Economist.-Cournot Tatonnement in Aggregative Games with Monotone Best Responses -- Existence and Uniqueness of Nash Equilibrium in Aggregative Games: an Expository Treatment -- On the Geometric Structure of the...
Persistent link: https://www.econbiz.de/10014019773
Exceptional Academic Behavior -- Reinhard Selten a Wanderer -- Encounters with Reinhard Selten: An Office Mate’s Report -- Reinhard Selten’s Frankfurt Years from the Perspective of a Co-player -- Reinhard Selten and the Scientific Climate in Frankfurt During the Fifties -- Reinhard Selten...
Persistent link: https://www.econbiz.de/10013522862
Written in an informal way, this book is addressed to philosophers or cognitive scientists curious of how economics deals with cognition and to graduate students in economics eager to discover how economics evolves. It aims at extending the framework of game theory in order to better fit with...
Persistent link: https://www.econbiz.de/10013520755
competitive decision settings, specifically situations where a number of economic agents in pursuit of their own self …
Persistent link: https://www.econbiz.de/10014425553
The Decision to Patent with Vertical Product Differentiation -- An Empirical Investigation of the Decision to Patent … with Vertical Product Differentiation -- The Decision to Patent with Horizontal Product Differentiation -- An Empirical … Investigation of the Decision to Patent with Horizontal Product Differentiation -- Summary and Discussion …
Persistent link: https://www.econbiz.de/10013522842
Chapter 1 Introduction -- Chapter 2 Demand, Technology, and the Theory of the Firm -- Chapter 3 Introductory Game Theory and Economic Information -- Chapter 4 Behavioral Economics -- Chapter 5 Perfect Competition and Market Imperfections -- Chapter 6 Monopoly and Monopolistic Competition --...
Persistent link: https://www.econbiz.de/10014016020
Persistent link: https://www.econbiz.de/10011296247
Persistent link: https://www.econbiz.de/10001554168
Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
Persistent link: https://www.econbiz.de/10008811006