Author: Paul Robert MilgromPublisher:
ISBN:
Category : Pricing
Languages : en
Pages : 34
Book Description
Limit Pricing and Entry Under Incomplete Information
Author: Paul Robert MilgromPublisher:
ISBN:
Category : Pricing
Languages : en
Pages : 34
Book Description
Signalling Equilibria Based on Sensible Beliefs
Author: Maxim Peter EngersPublisher:
ISBN:
Category : Cost
Languages : en
Pages : 47
Book Description
The Economics of Imperfect Information
Author: Louis PhlipsPublisher: Cambridge University Press
ISBN: 9780521313810
Category : Business & Economics
Languages : en
Pages : 302
Book Description
This book provides a systematic presentation of new microeconomic theories of imperfect information.
Entry Deterrence and Limit Pricing Under Asymmetric Information about Common Costs
Author: Hannu SalonenPublisher:
ISBN: 9789518801675
Category :
Languages : en
Pages :
Book Description
Competitive Limit Pricing Under Imperfect Information
Author: Kyle BagwellGame Theory
Author: Drew FudenbergPublisher: MIT Press
ISBN: 0262303760
Category : Business & Economics
Languages : en
Pages : 616
Book Description
This advanced text introduces the principles of noncooperative game theory in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. This advanced text introduces the principles of noncooperative game theory—including strategic form games, Nash equilibria, subgame perfection, repeated games, and games of incomplete information—in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. The analytic material is accompanied by many applications, examples, and exercises. The theory of noncooperative games studies the behavior of agents in any situation where each agent's optimal choice may depend on a forecast of the opponents' choices. "Noncooperative" refers to choices that are based on the participant's perceived selfinterest. Although game theory has been applied to many fields, Fudenberg and Tirole focus on the kinds of game theory that have been most useful in the study of economic problems. They also include some applications to political science. The fourteen chapters are grouped in parts that cover static games of complete information, dynamic games of complete information, static games of incomplete information, dynamic games of incomplete information, and advanced topics.
Microeconomic Foundations II
Author: David M. KrepsPublisher: Princeton University Press
ISBN: 0691250138
Category : Business & Economics
Languages : en
Pages : 799
Book Description
A cutting-edge introduction to key topics in modern economic theory for first-year graduate students in economics and related fields Volume II of Microeconomic Foundations introduces models and methods at the center of modern microeconomic theory. In this textbook, David Kreps, a leading economic theorist, emphasizes foundational material, concentrating on seminal work that provides perspective on how and why the theory developed. Because noncooperative game theory is the chief tool of modeling and analyzing microeconomic phenomena, the book stresses the applications of game theory to economics. And throughout, it underscores why theory is most useful when it supports rather than supplants economic intuition. Introduces first-year graduate students to the models and methods at the core of microeconomic theory today Covers an extensive range of topics, including the agency theory, market signaling, relational contracting, bilateral bargaining, auctions, matching markets, and mechanism design Stresses the use—and misuse—of theory in studying economic phenomena and shows why theory should support, not replace, economic intuition Includes extensive appendices reviewing the essential concepts of noncooperative game theory, with guidance about how it should and shouldn’t be used Features free online supplements, including chapter outlines and overviews, solutions to all the problems in the book, and more
New Efficiency Theory
Author: Jati SenguptaPublisher: Springer Science & Business Media
ISBN: 3540247912
Category : Business & Economics
Languages : en
Pages : 184
Book Description
New efficiency theory refers to the various parametric and semi-parametric methods of estimating production and cost frontiers, which include data envelopment analysis (DEA) with its diverse applications in management science and operations research. This monograph develops and generalizes the new efficiency theory by highlighting the interface between economic theory and operations research. Some of the outstanding features of this monograph are: (1) integrating the theory of firm efficiency and industry equilibrium, (2) emphasizing growth efficiency in a dynamic setting, (3) incorporating uncertainty of market demand and prices, and (4) the implications of group efficiency by sharing investments. Applications discuss in some detail the growth and decline of the US computer industry, and the relative performance of mutual fund portfolios.
Game Theory and Its Applications
Author: William F. LucasPublisher: American Mathematical Soc.
ISBN: 9780821867334
Category : Mathematics
Languages : en
Pages : 138
Book Description
Peace Science
Author: Partha GangopadhyayPublisher: Emerald Group Publishing
ISBN: 1848552009
Category : Political Science
Languages : en
Pages : 406
Book Description
The process of globalisation has its own dynamics and several serious flaws that have resulted in significant economic, political and social imbalances in the global political economy. This book examines the implications of these imbalances for achieving lasting global peace.