Download or read book Introduction to the Theory of Cooperative Games written by Bezalel Peleg and published by Springer Science & Business Media. This book was released on 2007-08-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book systematically presents the main solutions of cooperative games: the core, bargaining set, kernel, nucleolus, and the Shapley value of TU games as well as the core, the Shapley value, and the ordinal bargaining set of NTU games. The authors devote a separate chapter to each solution, wherein they study its properties in full detail. In addition, important variants are defined or even intensively analyzed.
Download or read book Axiomatic Bargaining Game Theory written by H.J. Peters and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many social or economic conflict situations can be modeled by specifying the alternatives on which the involved parties may agree, and a special alternative which summarizes what happens in the event that no agreement is reached. Such a model is called a bargaining game, and a prescription assigning an alternative to each bargaining game is called a bargaining solution. In the cooperative game-theoretical approach, bargaining solutions are mathematically characterized by desirable properties, usually called axioms. In the noncooperative approach, solutions are derived as equilibria of strategic models describing an underlying bargaining procedure. Axiomatic Bargaining Game Theory provides the reader with an up-to-date survey of cooperative, axiomatic models of bargaining, starting with Nash's seminal paper, The Bargaining Problem. It presents an overview of the main results in this area during the past four decades. Axiomatic Bargaining Game Theory provides a chapter on noncooperative models of bargaining, in particular on those models leading to bargaining solutions that also result from the axiomatic approach. The main existing axiomatizations of solutions for coalitional bargaining games are included, as well as an auxiliary chapter on the relevant demands from utility theory.
Download or read book Game Theoretic Models of Bargaining written by Alvin E. Roth and published by Cambridge University Press. This book was released on 1985-11-29 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive picture of the new developments in bargaining theory.
Download or read book Differential Information Economies written by Dionysius Glycopantis and published by Springer Science & Business Media. This book was released on 2005-12-28 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or cooperative equilibrium concepts which have these properties. This volume contains original contributions on noncooperative and cooperative equilibrium notions in economies with differential information and provides answers to the above questions. Moreover, issues of stability, learning and continuity of alternative equilibria are also examined.
Download or read book Value Solutions In Cooperative Games written by Roger A Mccain and published by World Scientific. This book was released on 2013-03-07 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces new concepts for cooperative game theory, and particularly solutions that determine the distribution of a coalitional surplus among the members of the coalition. It also addresses several generalizations of cooperative game theory. Drawing on methods of welfare economics, new value solutions are derived for Non-Transferable Utility games with and without differences of bargaining power among the members of the coalition. Cooperation in intertemporal games is examined, and conditions that permit the reduction of these games to games in coalition function form are outlined. Biform games and games that combine non-cooperative search and matching of coalition members with cooperative solutions (i.e., efficient contracts) within the coalition are considered.
Download or read book Cooperation Game Theoretic Approaches written by Sergiu Hart and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Issues relating to the emergence, persistence, and stability of cooperation among social agents of every type are widely recognized to be of paramount importance. They are also analytically difficult and intellectually challenging. This book, arising from a NATO Advanced Study Institute held at SUNY in 1994, is an up-to-date presentation of the contribution of game theory to the subject. The contributors are leading specialists who focus on the problem from the many different angles of game theory, including axiomatic bargaining theory, the Nash program of non-cooperative foundations, game with complete information, repeated and sequential games, bounded rationality methods, evolutionary theory, experimental approaches, and others. Together they offer significant progress in understanding cooperation.
Download or read book Game Theoretic Models of Bargaining written by Alvin E. Roth and published by Cambridge University Press. This book was released on 1985-11-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game-Theoretic Models of Bargaining provides a comprehensive picture of the new developments in bargaining theory. It especially shows the way the use of axiomatic models has been complemented by the new results derived from strategic models. The papers in this volume are edited versions of those given at a conference on Game Theoretic Models of Bargaining held at the University of Pittsburgh. There are two distinct reasons why the study of bargaining is of fundamental importance in economics. The first is that many aspects of economic activity are directly influenced by bargaining between and among individuals, firms, and nations. The second is that bargaining occupies an important place in economic theory, since the 'pure bargaining problem' is at the opposite pole of economic phenomena from the case of 'perfect competition'. This volume is an outgrowth of the renewed interest in the strategic approach to the theory of bargaining and to the general theory of non-cooperative games.
Download or read book Introduction to the Theory of Cooperative Games written by Bezalel Peleg and published by Springer. This book was released on 2004-02-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book we study systematically the main solutions of cooperative games: the core, bargaining set, kernel, nucleolus, and the Shapley value of TU games, and the core, the Shapley value, and the ordinal barga- ing set of NTU games. To each solution we devote a separate chapter wherein we study its properties in full detail. Moreover, important va- ants are de?ned or even intensively analyzed. We also investigate in separate chapters continuity, dynamics, and geometric properties of - lutions of TU games. Our study culminates in uniform and coherent axiomatizations of all the foregoing solutions (excluding the bargaining set). It is our pleasure to acknowledge the help of the following persons and institutions. We express our gratitude to Michael Maschler for his - tailed comments on an early version, due to the ?rst author, of Chapters 2-8. We thank Michael Borns for the linguistic edition of the manuscript of this book. We are indebted to Claus-Jochen Haake, Sven Klauke, and Christian Weiß for reading large parts of the manuscript and sugge- ing many improvements. Peter Sudh ̈ olter is grateful to the Center for Rationality and Interactive Decision Theory of the Hebrew University of Jerusalem and to the Edmund Landau Center for Research in Ma- ematical Analysis and Related Areas, the Institute of Mathematics of xv xvi PREFACE the Hebrew University of Jerusalem, for their hospitality during the a- demic year 2000-01 and during the summer of 2002.
Download or read book Game Theory written by Hans Peters and published by Springer. This book was released on 2015-06-04 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook presents the basics of game theory both on an undergraduate level and on a more advanced mathematical level. It is the second, revised version of the successful 2008 edition. The book covers most topics of interest in game theory, including cooperative game theory. Part I presents introductions to all these topics on a basic yet formally precise level. It includes chapters on repeated games, social choice theory, and selected topics such as bargaining theory, exchange economies, and matching. Part II goes deeper into noncooperative theory and treats the theory of zerosum games, refinements of Nash equilibrium in strategic as well as extensive form games, and evolutionary games. Part III covers basic concepts in the theory of transferable utility games, such as core and balancedness, Shapley value and variations, and nucleolus. Some mathematical tools on duality and convexity are collected in Part IV. Every chapter in the book contains a problem section. Hints, answers and solutions are included.
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.
Download or read book The Bargaining Set Concept for Cooperative Games Without Side Payments written by Claude D'Aspremont Lynden and published by . This book was released on 1973 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics and the Theory of Games written by Michael Bacharach and published by CRC Press. This book was released on 2019-09-18 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook offers a systematic, self-contained account of the main contributions of modern game theory and its applications to economics. Starting with a detailed description of how to model strategic situations, the discussion proceeds by studying basic solution concepts, their main refinements, games played under incomplete information, and repeated games. For each of these theoretical developments, there is a companion set of applications that cover the most representative instances of game-theoretic analysis in economics, e.g. oligopolistic competition, public goods, coordination failures, bargaining, insurance markets, implementation theory, signaling and auctions. The theory and applications covered in the first part of the book fall under the so-called 'classical' approach to game theory, which is founded on the paradigm of players' unlimited rationality. The second part shifts towards topics that no longer abide by that paradigm. This leads to the study of topics such as the interplay between evolution and rationality.
Download or read book Rational Behavior and Bargaining Equilibrium in Games and Social Situations written by John C. Harsanyi and published by CUP Archive. This book was released on 1986 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a paperback edition of a major contribution to the field, first published in hard covers in 1977. The book outlines a general theory of rational behaviour consisting of individual decision theory, ethics, and game theory as its main branches. Decision theory deals with a rational pursuit of individual utility; ethics with a rational pursuit of the common interests of society; and game theory with an interaction of two or more rational individuals, each pursuing his own interests in a rational manner.
Download or read book Game Theory written by A. J. Jones and published by Horwood Publishing. This book was released on 2000-12 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This modern, still relevant text is suitable for senior undergraduate and graduate students, teachers and professionals in mathematics, operational research, economics, sociology; and psychology, defence and strategic studies, and war games. Engagingly written with agreeable humor, the book can also be understood by non-mathematicians. It shows basic ideas of extensive form, pure and mixed strategies, the minimax theorem, non-cooperative and co-operative games, and a ''first class'' account of linear programming, theory and practice. The text is self-contained with comprehensive source references. Based on a series of lectures given by the author in the theory of games at Royal Holloway College, it gives unusually comprehensive but concise treatment of co-operative games, an original account of bargaining models, with a skilfully guided tour through the Shapely and Nash solutions for bimatrix games and a carefully illustrated account of finding the best threat strategies.
Download or read book A Course on Cooperative Game Theory written by Satya R. Chakravarty and published by Cambridge University Press. This book was released on 2015-02-09 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Deals with real life situations where objectives of the participants are partially cooperative and partially conflicting"--
Download or read book Handbook of Group Decision and Negotiation written by D. Marc Kilgour and published by Springer Science & Business Media. This book was released on 2010-08-02 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publication of the Handbook of Group Decision and Negotiation marks a milestone in the evolution of the group decision and negotiation (GDN) eld. On this occasion, editors Colin Eden and Marc Kilgour asked me to write a brief history of the eld to provide background and context for the volume. They said that I am in a good position to do so: Actively involved in creating the GDN Section and serving as its chair; founding and leading the GDN journal, Group Decision and Negotiation as editor-in-chief, and the book series, “Advances in Group Decision and Negotiation” as editor; and serving as general chair of the GDN annual meetings. I accepted their invitation to write a brief history. In 1989 what is now the Institute for Operations Research and the Management Sciences (INFORMS) established its Section on Group Decision and Negotiation. The journal Group Decision and Negotiation was founded in 1992, published by Springer in cooperation with INFORMS and the GDN Section. In 2003, as an ext- sion of the journal, the Springer book series, “Advances in Group Decision and Negotiation” was inaugurated.
Download or read book Negotiation Games written by Steven J. Brams and published by Psychology Press. This book was released on 2003 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Steven J. Brams is one of the leading game theorists of his generation. This new edition includes brand new material on topics such as fallback bargaining and principles of rational negotiation.
