Fixed Point Theorems with Applications to Economics and Game Theory (Paperback)

Kim C. Border

ISBN 10: 0521388082 / ISBN 13: 9780521388085

Edité par Cambridge University Press, Cambridge, 1989

A propos de cet article

Paperback. One of the problems in economics to which economists have devoted a considerable amount of attention in recent years has been to ensure consistency in the models they employ. Assuming markets to be generally in some state of equilibrium, it must be asked under what circumstances such an equilibrium is possible. The fundamental mathematical tools used to address this concern are fixed point theorems. These outline the conditions under which sets of assumptions have a solution. This book gives the reader access to the mathematical techniques involved and goes on to apply fixed point theorems to proving the existence of equilibria for economics and for cooperative and non-cooperative games. Special emphasis is given to economics and games in cases where the preferences of agents may not be transitive. In addition, the author presents new proofs of old results in order to further clarify the results. He also proposes new results, notably in the last chapter, that refer to the core of a game without transitivity. This book will be useful as a text or reference work for mathematical economists and graduate and advanced undergraduate students. Markets are assumed to be in a state of equilibrium. Fixed point theorems explain the circumstances of equilibrium. This book demonstrates the mathematical techniques involved and applies them to co-operative and noncooperative games. This book will be useful as a text or reference work for mathematical economists, graduate and advanced undergraduate students. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

N° de réf. du vendeur 9780521388085

Détails bibliographiques

• Titre: Fixed Point Theorems with Applications to Economics and Game Theory (Paperback)
• Éditeur: Cambridge University Press, Cambridge
• Date de parution: 1989
• Langue: anglais
• ISBN à 10 chiffres: 0521388082
• ISBN à 13 chiffres: 9780521388085
• Reliure: Paperback
• État de l'article: new

A propos de ce titre

Synopsis

One of the problems in economics that economists have devoted a considerable amount of attention in prevalent years has been to ensure consistency in the models they employ. Assuming markets to be generally in some state of equilibrium, it is asked under what circumstances such equilibrium is possible. The fundamental mathematical tools used to address this concern are fixed point theorems: the conditions under which sets of assumptions have a solution. This book gives the reader access to the mathematical techniques involved and goes on to apply fixed point theorems to proving the existence of equilibria for economics and for co-operative and noncooperative games. Special emphasis is given to economics and games in cases where the preferences of agents may not be transitive. The author presents topical proofs of old results in order to further clarify the results. He also proposes fresh results, notably in the last chapter, that refer to the core of a game without transitivity. This book will be useful as a text or reference work for mathematical economists and graduate and advanced undergraduate students.