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Twenty lectures on algorithmic game theory
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ISBN: 1316782093 1316779300 1316780481 1107172667 131662479X Year: 2016 Publisher: Cambridge : Cambridge University Press,

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Computer science and economics have engaged in a lively interaction over the past fifteen years, resulting in the new field of algorithmic game theory. Many problems that are central to modern computer science, ranging from resource allocation in large networks to online advertising, involve interactions between multiple self-interested parties. Economics and game theory offer a host of useful models and definitions to reason about such problems. The flow of ideas also travels in the other direction, and concepts from computer science are increasingly important in economics. This book grew out of the author's Stanford University course on algorithmic game theory, and aims to give students and other newcomers a quick and accessible introduction to many of the most important concepts in the field. The book also includes case studies on online advertising, wireless spectrum auctions, kidney exchange, and network management.


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Contest theory : incentive mechanisms and ranking methods
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ISBN: 1316474224 1139519360 1316471918 1107033136 Year: 2016 Publisher: Cambridge : Cambridge University Press,

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Contests are prevalent in many areas, including sports, rent seeking, patent races, innovation inducement, labor markets, scientific projects, crowdsourcing and other online services, and allocation of computer system resources. This book provides unified, comprehensive coverage of contest theory as developed in economics, computer science, and statistics, with a focus on online services applications, allowing professionals, researchers and students to learn about the underlying theoretical principles and to test them in practice. The book sets contest design in a game-theoretic framework that can be used to model a wide-range of problems and efficiency measures such as total and individual output and social welfare, and offers insight into how the structure of prizes relates to desired contest design objectives. Methods for rating the skills and ranking of players are presented, as are proportional allocation and similar allocation mechanisms, simultaneous contests, sharing utility of productive activities, sequential contests, and tournaments.


Book
Irrational Jesus : leading the fully human church
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ISBN: 1498220495 9781498220491 1498220487 9781498220484 Year: 2016 Publisher: Eugene, Oregon : Cascade Books,

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Behavioral science books are popping up on bestseller lists: Predictably Irrational; Thinking, Fast and Slow; Nudge; Decisive. Even the White House launched a Behavioral Insights Team to match the British Ministry of Nudges. Conspicuously absent from this conversation is the church. The Irrational Jesus bridges this gap. Ken Evers-Hood looks at Jesus through the lens of cognitive heuristics (mental shortcuts) and biases (blind spots) and makes the case that a fully human Jesus is predictably irrational--just like all of us. Find out how the Apostle Paul's community building mirrors a prisoner's dilemma game and how this makes Paul an irrational leader, too. Discover how playing better games in church can foster hopeful, flourishing communities. Improve your decision-making; learn when to plan for irrationality and when to live into it. The Irrational Jesus addresses these issues and more. Integrating the insights of behavioral economists such as Dan Ariely, the gameful thinking of Jane McGonigal, and cutting-edge ideas from decision theory, Evers-Hood articulates a behavioral theology for fully human pastors of fully human congregations--a fresh perspective that will change how pastors and other church leaders see themselves, the institutions they serve, and the scriptural and theological tradition.- back of book.


Book
The theory of extensive form games
Authors: ---
ISBN: 3662499428 3662499444 3662570505 9783662499429 9783662570500 Year: 2016 Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer,

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This book treats extensive form game theory in full generality. It provides a framework that does not rely on any finiteness assumptions at all, yet covers the finite case. The presentation starts by identifying the appropriate concept of a game tree. This concept represents a synthesis of earlier approaches, including the graph-theoretical and the decision-theoretical ones. It then provides a general model of sequential, interpersonal decision making, called extensive decision problems. Extensive forms are a special case thereof, which is such that all strategy profiles induce outcomes and do so uniquely. Requiring the existence of immediate predecessors yields discrete extensive forms, which are still general enough to cover almost all applications. The treatment culminates in a characterization of the topologies on the plays of the game tree that admit equilibrium analysis.


Book
Mathematics and Methodology for Economics : Applications, Problems and Solutions
Authors: ---
ISBN: 3319233521 331923353X 3319794728 9783319233529 9783319794723 Year: 2016 Publisher: Cham : Springer International Publishing : Imprint: Springer,

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This book about mathematics and methodology for economics is the result of the lifelong experience of the authors. It is written for university students as well as for students of applied sciences. This self-contained book does not assume any previous knowledge of high school mathematics and helps understanding the basics of economic theory-building. Starting from set theory it thoroughly discusses linear and non-linear functions, differential equations, difference equations, and all necessary theoretical constructs for building sound economic models. The authors also present a solid introduction to linear optimisation and game theory using production systems. A detailed discussion on market equilibrium, in particular on Nash Equilibrium, and on non-linear optimisation is also provided. Throughout the book the student is well supplied with numerous examples, some 2000 problems and their solutions to apply the knowledge to economic theories and models.


Book
Strategy and Game Theory : Practice Exercises with Answers
Authors: ---
ISBN: 3319329626 3319329634 9783319329628 Year: 2016 Publisher: Cham : Springer International Publishing : Imprint: Springer,

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This textbook presents worked-out exercises on game theory with detailed step-by-step explanations. While most textbooks on game theory focus on theoretical results, this book focuses on providing practical examples in which students can learn to systematically apply theoretical solution concepts to different fields of economics and business. The text initially presents games that are required in most courses at the undergraduate level and gradually advances to more challenging games appropriate for masters level courses. The first six chapters cover complete-information games, separately analyzing simultaneous-move and sequential-move games, with applications in industrial economics, law, and regulation. Subsequent chapters dedicate special attention to incomplete information games, such as signaling games, cheap talk games, and equilibrium refinements, emphasizing common steps and including graphical illustrations to focus students’ attention on the most relevant payoff comparisons at each point of the analysis. In addition, exercises are ranked according to their difficulty, with a letter (A-C) next to the exercise number. This allows students to pace their studies and instructors to structure their classes accordingly. By providing detailed worked-out examples, this text gives students at various levels the tools they need to apply the tenets of game theory in many fields of business and economics. This text is appropriate for introductory-to-intermediate courses in game theory at the upper undergraduate and master’s level. .


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Subgame consistent cooperation : a comprehensive treatise
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ISBN: 9811015449 9811015457 Year: 2016 Publisher: Singapore : Springer Singapore : Imprint: Springer,

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Strategic behavior in the human and social world has been increasingly recognized in theory and practice. It is well known that non-cooperative behavior could lead to suboptimal or even highly undesirable outcomes. Cooperation suggests the possibility of obtaining socially optimal solutions and the calls for cooperation are prevalent in real-life problems. Dynamic cooperation cannot be sustainable if there is no guarantee that the agreed upon optimality principle at the beginning is maintained throughout the cooperation duration. It is due to the lack of this kind of guarantees that cooperative schemes fail to last till its end or even fail to get started. The property of subgame consistency in cooperative dynamic games and the corresponding solution mechanism resolve this “classic” problem in game theory. This book is a comprehensive treatise on subgame consistent dynamic cooperation covering the up-to-date state of the art analyses in this important topic. It sets out to provide the theory, solution techniques and applications of subgame consistent cooperation in a wide spectrum of paradigms for analysis which includes cooperative dynamic game models with stochastic state dynamics, with uncertain future payoffs, with asynchronous players’ horizons, with random cooperation duration, with control spaces switching and with transferable and nontransferable payoffs. The book would be a significant research reference text for researchers in game theory, economists, applied mathematicians, policy-makers, corporate decision-makers, and graduate students in applied mathematics, game theory, decision sciences, economics and management sciences. "Technically this is a high quality book. It is very relevant to researchers of dynamic games – an area which is very relevant in nowadays research related to complex dynamic systems. The book provides original concepts, ideas and results with relevance." — Dusan Stipanovic “The 2004 Nobel Economics Prize was given to works in economic policies under the concept of time consistency with mathematical construction less general, rigorous and precise than that later developed in this book. The concept and technique of subgame consistency were just published then. In terms of advancement in practical applications this book is highly important theoretically and technically on top of economic interpretation.” — Vladimir Mazalov.


Book
Mathematical sciences with multidisciplinary applications : in honor of Professor Christiane Rousseau. and in recognition of the Mathematics for Planet Earth Initiative
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ISBN: 3319313215 3319313231 Year: 2016 Publisher: Cham : Springer International Publishing : Imprint: Springer,

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This book is the fourth in a multidisciplinary series which brings together leading researchers in the STEAM-H disciplines (Science, Technology, Engineering, Agriculture, Mathematics and Health) to present their perspective on advances in their own specific fields, and to generate a genuinely interdisciplinary collaboration that transcends parochial subject-matter boundaries. All contributions are carefully edited, peer-reviewed, reasonably self-contained, and pedagogically crafted for a multidisciplinary readership. Contributions are drawn from a variety of fields including mathematics, statistics, game theory and behavioral sciences, biomathematics and physical chemistry, computer science and human-centered computing. This volume is dedicated to Professor Christiane Rousseau, whose work inspires the STEAM-H series, in recognition of her passion for the mathematical sciences and her on-going initiative, the Mathematics of Planet Earth paradigm of interdisciplinarity. The volume's primary goal is to enhance interdisciplinary understanding between these areas of research by showing how new advances in a particular field can be relevant to open problems in another and how many disciplines contribute to a better understanding of relevant issues at the interface of mathematics and the sciences. The main emphasis is on important methods, research directions and applications of analysis within and beyond each field. As such, the volume aims to foster student interest and participation in the STEAM-H domain, as well as promote interdisciplinary research collaborations. The volume is valuable as a reference of choice and a source of inspiration for a broad spectrum of scientists, mathematicians, research students and postdoctoral fellows.


Book
Handbook of Cliometrics
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ISBN: 3642404057 3642404065 3642404073 Year: 2016 Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer,

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The Handbook of Cliometrics is a milestone in the field of historical economics and econometric history through its emphasis on the concrete contribution of cliometrics to our knowledge in economics and history. The articles in the handbook authored by the leading scholars in the fields, stress the usefulness of cliometrics for economists, historians and social scientists in general. The Handbook offers a comprehensive coverage of topics with each article providing an overview of the contributions of cliometrics to a particular topic. The Handbook sets a new standard of quality in the field by offering a world-wide forum of discussion in cliometrics.


Book
Regularity Theory for Mean-Field Game Systems
Authors: --- ---
ISBN: 3319389327 3319389343 9783319389325 Year: 2016 Publisher: Cham : Springer International Publishing : Imprint: Springer,

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Beginning with a concise introduction to the theory of mean-field games (MFGs), this book presents the key elements of the regularity theory for MFGs. It then introduces a series of techniques for well-posedness in the context of mean-field problems, including stationary and time-dependent MFGs, subquadratic and superquadratic MFG formulations, and distinct classes of mean-field couplings. It also explores stationary and time-dependent MFGs through a series of a-priori estimates for solutions of the Hamilton-Jacobi and Fokker-Planck equation. It shows sophisticated a-priori systems derived using a range of analytical techniques, and builds on previous results to explain classical solutions. The final chapter discusses the potential applications, models and natural extensions of MFGs. As MFGs connect common problems in pure mathematics, engineering, economics and data management, this book is a valuable resource for researchers and graduate students in these fields.

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