Subgame Consistent Economic Optimization: An Advanced Cooperative Dynamic Game Analysis - Couverture rigide

Livre 1 sur 12: Static & Dynamic Game Theory: Foundations & Applications

Yeung, David W.K.; Petrosyan, Leon A.

 
9780817682613: Subgame Consistent Economic Optimization: An Advanced Cooperative Dynamic Game Analysis
Couverture rigide
ISBN 10 : 0817682619 ISBN 13 : 9780817682613
Editeur : Birkhauser Boston Inc, 2011

Synopsis

Various imperfections in existing market systems prevent the free market from serving as a truly efficient allocation mechanism, but optimization of economic activities provides an effective remedial measure. Cooperative optimization claims that socially optimal and individually rational solutions to decision problems involving strategic action over time exist. To ensure that cooperation will last throughout the agreement period, however, the stringent condition of subgame consistency is required.

This textbook presents a study of subgame consistent economic optimization, developing game-theoretic optimization techniques to establish the foundation for an effective policy menu to tackle the suboptimal behavior that the conventional market mechanism fails to resolve.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

David W. K. Yeung is Distinguished Research Professor and Head of Business Administration at Hong Kong Shue Yan University, and the Kantorovich Research Chair in Stochastic Differential Games and co-director of the Centre of Game Theory at Saint Petersburg State University. He is also Distinguished Honorary Professor of Qingdao University - an honor he received along with Nobel laureates John Nash, Reinhard Selten, and Robert Aumann. Yeung's main areas of research are game theory, optimization, and stochastic processes. He serves as Managing Editor of International Game Theory Review, Guest Editor of Annals of Operations Research, Associate Editor of Dynamic Games and Applications, and Editorial Board Member of Mathematical Game Theory & Applications. Yeung has published extensively in world-renowned science journals, in particular, Automatica, Journal of Optimization Theory and Applications, Annals of Operations Research, European Journal of Operational Research, International Game Theory Review, and Mathematical Biosciences.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Birkhauser Boston Inc
Date d'édition
2011
Langue
anglais
ISBN 10 
0817682619
ISBN 13 
9780817682613
Reliure
Relié
Nombre de pages
395
Coordonnées du fabricant
non disponible
Personne responsable
non disponible

Autres éditions populaires du même titre

9780817682637: Subgame Consistent Economic Optimization: An Advanced Cooperative Dynamic Game Analysis

Edition présentée

ISBN 10 :  0817682635 ISBN 13 :  9780817682637
Editeur : Birkhäuser, 2011
Couverture souple