Economics and the theory of games 🔍
FERNANDO VEGA-REDONDO Cambridge University Press (Virtual Publishing), 2007
English [en] · Spanish [es] · MOBI · 1.4MB · 2007 · 📘 Book (non-fiction) · 🚀/lgli/zlib · Save
description
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.
Alternative author
Vega-Redondo, Fernando
Alternative author
Fernando Vega Redondo
Alternative edition
Cambridge University Press, Cambridge, UK, 2003
Alternative edition
United Kingdom and Ireland, United Kingdom
Alternative edition
Cambridge UK ; New York, 2003
Alternative edition
July 28, 2003
Alternative description
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 socalled classical approach to game theory, which is founded on the paradigm of players' unlimited rationality. The second part shifts toward topics that no longer abide by that paradigm. This leads to the study of important topics such as the interplay between evolution and rationality, the behavioral dynamics induced by social learning, and how players might tackle the problem of multiple equilibria.
Alternative description
In ordinary language, we speak of a "game" as a (generally amusing) process of interaction that involves a given population of individuals, is subject to some fixed rules, and has a prespecified collection of payoffs associated to every possible outcome.
Alternative description
<p>this Textbook Is Designed For Students In Economics Seeking A Self-contained Approach To Game Theory.</p>
date open sourced
2021-09-16
Read more…

🐢 Slow downloads

From trusted partners. More information in the FAQ. (might require browser verification — unlimited downloads!)

All download options have the same file, and should be safe to use. That said, always be cautious when downloading files from the internet, especially from sites external to Anna’s Archive. For example, be sure to keep your devices updated.
  • For large files, we recommend using a download manager to prevent interruptions.
    Recommended download managers: JDownloader
  • You will need an ebook or PDF reader to open the file, depending on the file format.
    Recommended ebook readers: Anna’s Archive online viewer, ReadEra, and Calibre
  • Use online tools to convert between formats.
    Recommended conversion tools: CloudConvert and PrintFriendly
  • You can send both PDF and EPUB files to your Kindle or Kobo eReader.
    Recommended tools: Amazon‘s “Send to Kindle” and djazz‘s “Send to Kobo/Kindle”
  • Support authors and libraries
    ✍️ If you like this and can afford it, consider buying the original, or supporting the authors directly.
    📚 If this is available at your local library, consider borrowing it for free there.