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Book Implementations of the Nash Solution Based on Its Walrasian Characterization

Download or read book Implementations of the Nash Solution Based on Its Walrasian Characterization written by Walter Trockel and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present paper provides three different support results for the Nash bargaining solution of $n$-person bargaining games. First, for any bargaining game there is defined a non-cooperative game in strategic form, whose unique Nash equilibrium induces a payoff vector that coincides with the Nash solution of the bargaining game. Next this game is modified in such a way that the unique Nash equilibrium that supports the Nash solution is even in dominant strategies. After that an $n$-stage game in extensive form is presented whose unique subgame perfect equilibrium supports the Nash solution of the bargaining game. Finally, the support results are shown to induce implementation results in the sense of mechanism theory. Keywords and Phrases: Nash solution, Nash-implementation, Mechanism, Walrasian equilibrium.

Book Functional Analysis and Economic Theory

Download or read book Functional Analysis and Economic Theory written by Yuri Abramovich and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: In July of 1996, the conference Nonlinear Analysis and its Applications in Engineering and Economics took place on the Greek island of Samos, the birthplace of Pythagoras. During this conference, a special session was held on th the occasion of the 50 birthday of the well known mathematician and math ematical economist Professor Charalambos Aliprantis, who, by his numerous friends, is usually called Roko. The story behind this nickname is not quite clear yet; it will be investigated further and will be made public prior to his th 60 birthday. (At this moment we have already found out that it has nothing to do with the famous movie Rocco and his Brothers even though Roko does have two brothers. ) Roko was born on the Greek island of Cephalonia on May 12,1946, and his elementary and secondary school education took place there. At 18 he entered the Mathematics Department at the University of Athens. Upon graduation from the University of Athens he proceeded with his graduate studies at Cal tech, where in 1973 he completed his Ph. D. degree in Mathematics under the supervision of Professor W. A. J. Luxemburg. His research career can be divided into two periods. The first one, till 1981, was devoted entirely to pure mathematics. The other one, after 1981, has been subdivided between pure mathematics and mathematical economics. The main objects of Roko's work in pure mathematics are spaces with order structure (Riesz spaces) and operators acting on them.

Book Working Paper

Download or read book Working Paper written by and published by . This book was released on 1979 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Credible Threats in Negotiations

Download or read book Credible Threats in Negotiations written by Wilko Bolt and published by Springer Science & Business Media. This book was released on 2005-12-08 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: The game-theoretic modelling of negotiations has been an active research area for the past five decades, that started with the seminal work by Nobel laureate John Nash in the early 1950s. This book provides a survey of some of the major developments in the field of strategic bargaining models with an emphasize on the role of threats in the negotiation process. Threats are all actions outside the negotiation room that negotiators have ate their disposal and the use of these actions affect the bargaining position of all negotiators. Of course, each negotiator aims to strengthen his own position. Examples of threats are the announcement of a strike by a union in centralized wage bargaining, or a nation’s announcement of a trade war directed against other nations in negotiations for trade liberalization. This book is organized on the basis of a simple guiding principle: The situation in which none of the parties involved in the negotiations has threats at its disposal is the natural benchmark for negotiations where the parties can make threats. Also on the technical level, negotiations with variable threats build on and extend the techniques applied in analyzing bargaining situations without threats. The first part of this book, containing chapter 3-6, presents the no-threat case, and the second part, containing chapter 7-10, extends the analysis for negotiation situations where threats are present. A consistent and unifying framework is provided first in 2.

Book Journal of analysis and its applications

Download or read book Journal of analysis and its applications written by and published by . This book was released on 1982 with total page 1084 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Nash and Dominant Strategy Implementation in Economic Environments

Download or read book Nash and Dominant Strategy Implementation in Economic Environments written by Jean-Jacques Laffont and published by . This book was released on 1981 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Double Majority Principle and Decision Making Games in Extending European Union

Download or read book The Double Majority Principle and Decision Making Games in Extending European Union written by František Turnovec and published by . This book was released on 1997 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Difference Between Common Knowledge of Formulas and Sets

Download or read book The Difference Between Common Knowledge of Formulas and Sets written by Robert Samuel Simon and published by . This book was released on 1996 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Economic Transition Phase II

Download or read book Economic Transition Phase II written by Richard Edward Stern and published by . This book was released on 1997 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Voting Power and Coalition Formation

Download or read book Voting Power and Coalition Formation written by René Levínský and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Credible Change

Download or read book Credible Change written by Andreas Schedler and published by . This book was released on 1996 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Democracy Versus History

Download or read book Democracy Versus History written by Alain Touraine and published by . This book was released on 1996 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The End of the Third Wave and the Global Future of Democracy

Download or read book The End of the Third Wave and the Global Future of Democracy written by Larry Jay Diamond and published by . This book was released on 1997 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: The end of the third wave and the global future of democracy / by Larry Diamond / Institute for Advanced Studies (IAS).

Book Realizing Hungary s Potential

Download or read book Realizing Hungary s Potential written by Peter Biegelbauer and published by . This book was released on 1996 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyses the current situation of the Hungarian industrial research and development (R&D) system. The focus is on the recent changes in the latest phase of transition beginning with the end of 1993.

Book Path dependent Independence

Download or read book Path dependent Independence written by Juliet Johnson and published by . This book was released on 1997 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: