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Book A Game theoretic Approach to Political Economy

Download or read book A Game theoretic Approach to Political Economy written by Martin Shubik and published by MIT Press (MA). This book was released on 1984-01-01 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt: This companion volume to Shubik's masterful "Game Theory in the Social Sciences "sketches a unification of several branches of political economy on the basis of the theory of games. In five parts it covers basic factors that make economic decision making different from properties of economic goods, money, and wealth - static, one-sided, open model of oligopolistic competition; cooperative models of closed economic systems; strategic models of closed economic systems, and externalities and public goods. This final section explores a number of applications, including land ownership, voting, and the assignment of joint costs. The book concludes with an outline of a series of games within a game as a portrayal of a politico-economic process in a democratic society with a two-party system and public and private sectors. The approach adopted points the way toward a possible reconciliation of micro-and macroeconomics and an integration of economic, political, and sociological descriptions in the study of the short-term function of the state. Martin Shubik is Seymour H. Knox Professor of Mathematical Institutional Economics at Yale University.

Book Collective Action and Exchange

Download or read book Collective Action and Exchange written by William D. Ferguson and published by Stanford University Press. This book was released on 2013-07-10 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Collective Action and Exchange: A Game-Theoretic Approach to Contemporary Political Economy, William D. Ferguson presents a comprehensive political economy text aimed at advanced undergraduates in economics and graduate students in the social sciences. The text utilizes collective action as a unifying concept, arguing that collective-action problems lie at the foundation of market success, market failure, economic development, and the motivations for policy. Ferguson draws on information economics, social preference theory, cognition theory, institutional economics, as well as political and policy theory to develop this approach. The text uses classical, evolutionary, and epistemic game theory, along with basic social network analysis, as modeling frameworks. These models effectively bind the ideas presented, generating a coherent theoretic approach to political economy that stresses sometimes overlooked implications.

Book A game theoretic approach to political economy

Download or read book A game theoretic approach to political economy written by Martin Shubik and published by . This book was released on 1984 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Political Economy of Development

Download or read book The Political Economy of Development written by Robert H. Bates and published by Cambridge University Press. This book was released on 2020-10-29 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Those studying development often address the impact of government policies, but rarely the politics that generate these policies. A culmination of several decades of work by Robert Bates, among the most respected comparativists in political science, this compact volume seeks to rectify that omission. Bates addresses the political origins of prosperity and security and uncovers the root causes of under-development. Without the state there can be no development, but those who are endowed with the power of the state often use its power to appropriate the wealth and property of those they rule. When do those with power use it to safeguard rather than to despoil? Bates explores this question by analyzing motivations behind the behaviour of governments in the developing world, drawing on historical and anthropological insights, game theory, and his own field research in developing nations.

Book A Game theoretic Approach to Political Economy

Download or read book A Game theoretic Approach to Political Economy written by Martin Shubik and published by . This book was released on 1987 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Economy and Disability

Download or read book Economy and Disability written by Akihiko Matsui and published by Springer Nature. This book was released on 2019-09-13 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Society has developed so that it accommodates the needs of intertwined people, but a question arises as to which people have been accommodated. Has everyone been taken care of in an equal manner? If not, who has fallen into the gap between the institutions that are supposed to accommodate them? This book is a study of these issues of economy and disability using game theory, which has provided a means of analyzing various social phenomena. Part I provides actual cases related to economy and disability, with the stories based on interviews by the author. Part II is geared toward a game theoretic analysis. This book explains disability-related issues by game theory and innovates that theory by deeply contemplating the issues. It is not common that first-rate theorists manage to make their research relevant and applicable to the most pressing problems our society faces these days. This is the remarkable achievement of this book. Akihiko Matsui, an internationally recognized leader in economic theory, succeeds in bringing profound game theoretical insights to the questions of disability, the social norms relating to it, and the ethical and economic problems they raise. The book is a tour de force, brilliantly combining economic and sociology, mathematics and philosophy, to provide us a fresh look at the way we run modern societies. Itzahk Gilboa, Professor, Eitan Berglas School of Economics, Tel-Aviv University and Professor of Economics and Decision Sciences, HEC, Paris The present world faces a broad range of societal problems such as discrimination against minorities and conflicts between groups. The market mechanism may solve some of these dilemmas, but many others remain. This book targets various societal problems and provides game theoretical approaches to them, stressing the importance of social institutions including the market system and individual interactive attitudes to society. Aki Matsui’s splendid Economy and Disability is indispensable for students and scholars interested in social science, particularly in economic theory, and gives a better understanding of these phenomena and their potential cures. Mamoru Kaneko, Professor, Faculty of Political Science and Economics, Waseda University In this book, Aki Matsui is revealed to be a fully-fledged humanist in the guise of a game theoretician. He beautifully presents game-theoretical ideas while at the same time suggesting how society should relate to the disabled. This unique combination makes Economy and Disability—apart from anything else—a truly moving book. Ariel Rubinstein, Professor of Economics, Eitan Berglas School of Economics, Tel-Aviv University and Professor of Economics, New York University

Book Game Theory in the Social Sciences

Download or read book Game Theory in the Social Sciences written by Martin Shubik and published by . This book was released on 1987 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Game Theory in the Social Sciences

Download or read book Game Theory in the Social Sciences written by Martin Shubik and published by . This book was released on 1982 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book International Relations Theory

Download or read book International Relations Theory written by Andrew H. Kydd and published by Cambridge University Press. This book was released on 2015-01-29 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new introduction to the game theoretic approach to international relations theory. Written for advanced undergraduate and graduate students, this textbook provides the support and background needed for students to gain a thorough understanding of the rationalist approach, from the basic foundations to more complex models.

Book A Game Theoretic Perspective on Coalition Formation

Download or read book A Game Theoretic Perspective on Coalition Formation written by Debraj Ray and published by Oxford University Press. This book was released on 2007-11 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing upon and extending his inaugural Lipsey Lectures, Debraj Ray looks at coalition formation from the perspective of game theory. Ray brings together developments in both cooperative and noncooperative game theory to study the analytics of coalition formation and binding agreements.

Book Toward a History of Game Theory

Download or read book Toward a History of Game Theory written by E. Roy Weintraub and published by . This book was released on 1992 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1940s "game theory" emerged from the fields of mathematics and economics to provide a revolutionary new method of analysis. Today game theory provides a language for discussing conflict and cooperation not only for economists, but also for business analysts, sociologists, war planners, international relations theorists, and evolutionary biologists. Toward a History of Game Theory offers the first history of the development, reception, and dissemination of this crucial theory. Drawing on interviews with original members of the game theory community and on the Morgenstern diaries, the first section of the book examines early work in game theory. It focuses on the groundbreaking role of the von Neumann-Morgenstern collaborative work, The Theory of Games and Economic Behavior (1944). The second section recounts the reception of this new theory, revealing just how game theory made its way into the literatures of the time and thus became known among relevant communities of scholars. The contributors explore how game theory became a wedge in opening up the social sciences to mathematical tools and use the personal recollections of scholars who taught at Michigan and Princeton in the late 1940s to show why the theory captivated those practitioners now considered to be "giants" in the field. The final section traces the flow of the ideas of game theory into political science, operations research, and experimental economics. Contributors. Mary Ann Dimand, Robert W. Dimand, Robert J. Leonard, Philip Mirowski, Angela M. O'Rand, Howard Raiffa, Urs Rellstab, Robin E. Rider, William H. Riker, Andrew Schotter, Martin Shubik, Vernon L. Smith

Book Prisoners of Reason

    Book Details:
  • Author : S. M. Amadae
  • Publisher : Cambridge University Press
  • Release : 2016-01-14
  • ISBN : 1107064031
  • Pages : 365 pages

Download or read book Prisoners of Reason written by S. M. Amadae and published by Cambridge University Press. This book was released on 2016-01-14 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using the theory of Prisoner's Dilemma, Prisoners of Reason explores how neoliberalism departs from classic liberalism and how it rests on game theory.

Book Managerial Economics

Download or read book Managerial Economics written by Timothy C. G. Fisher and published by Psychology Press. This book was released on 2002 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using game theory as its theoretical underpinning, this text covers notions of strategy and the motivations of all the agents involved in a particular economic situation, in addition to background concepts.

Book State  Anarchy  Collective Decisions

Download or read book State Anarchy Collective Decisions written by A. Coram and published by Springer. This book was released on 2001-05-04 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: State, Anarchy and Collective Decisions provides an introduction to the applications of game theory to a series of questions that are fundamental in political economy. These questions include: Why do we need states? What might happen without protection for life and property? How might tribes or criminal gangs behave in struggles over material possessions? Would people tell the truth if asked what they wanted?

Book Game Theory for Political Scientists

Download or read book Game Theory for Political Scientists written by James D. Morrow and published by Princeton University Press. This book was released on 2020-05-05 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory is the mathematical analysis of strategic interaction. In the fifty years since the appearance of von Neumann and Morgenstern's classic Theory of Games and Economic Behavior (Princeton, 1944), game theory has been widely applied to problems in economics. Until recently, however, its usefulness in political science has been underappreciated, in part because of the technical difficulty of the methods developed by economists. James Morrow's book is the first to provide a standard text adapting contemporary game theory to political analysis. It uses a minimum of mathematics to teach the essentials of game theory and contains problems and their solutions suitable for advanced undergraduate and graduate students in all branches of political science. Morrow begins with classical utility and game theory and ends with current research on repeated games and games of incomplete information. The book focuses on noncooperative game theory and its application to international relations, political economy, and American and comparative politics. Special attention is given to models of four topics: bargaining, legislative voting rules, voting in mass elections, and deterrence. An appendix reviews relevant mathematical techniques. Brief bibliographic essays at the end of each chapter suggest further readings, graded according to difficulty. This rigorous but accessible introduction to game theory will be of use not only to political scientists but also to psychologists, sociologists, and others in the social sciences.

Book Handbook of Game Theory with Economic Applications

Download or read book Handbook of Game Theory with Economic Applications written by R.J. Aumann and published by Elsevier. This book was released on 1992 with total page 824 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second of three volumes surveying the state of the art in Game Theory and its applications to many and varied fields, in particular to economics. The chapters in the present volume are contributed by outstanding authorities, and provide comprehensive coverage and precise statements of the main results in each area. The applications include empirical evidence. The following topics are covered: communication and correlated equilibria, coalitional games and coalition structures, utility and subjective probability, common knowledge, bargaining, zero-sum games, differential games, and applications of game theory to signalling, moral hazard, search, evolutionary biology, international relations, voting procedures, social choice, public economics, politics, and cost allocation. This handbook will be of interest to scholars in economics, political science, psychology, mathematics and biology. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes

Book Game Theory and Economic Modelling

Download or read book Game Theory and Economic Modelling written by David M. Kreps and published by Clarendon Press. This book was released on 1990-10-04 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, academic economics has undergone a mild revolution in methodology. The language, concepts and techniques of noncooperative game theory have become central to the discipline. This book provides the reader with some basic concepts from noncooperative theory, and then goes on to explore the strengths, weaknesses, and future of the theory as a tool of economic modelling and analysis. The central theses are that noncooperative game theory has been a remarkably popular tool in economics over the past decade because it allows analysts to capture essential features of dynamic competition and competition where some parties have proprietary information. The theory is weakest in providing a sense of when it - and equilibrium analysis in particular - can be applied and what to do when equilibrium analysis is inappropriate. Many of these weaknesses can be addressed by the consideration of individuals who are boundedly rational and learn imperfectly from the past. Written in a non-technical style and working by analogy, the book, first given as part of the Clarendon Lectures in Economics, is readily accessible to a broad audience and will be of interest to economists and students alike. Knowledge of game theory is not required as the concepts are developed as the book progresses.