Game Theory for Applied Economists

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9780691003955: Game Theory for Applied Economists

This book introduces one of the most powerful tools of modern economics to a wide audience: those who will later construct or consume game-theoretic models. Robert Gibbons addresses scholars in applied fields within economics who want a serious and thorough discussion of game theory but who may have found other works overly abstract. Gibbons emphasizes the economic applications of the theory at least as much as the pure theory itself; formal arguments about abstract games play a minor role. The applications illustrate the process of model building--of translating an informal description of a multi-person decision situation into a formal game-theoretic problem to be analyzed. Also, the variety of applications shows that similar issues arise in different areas of economics, and that the same game-theoretic tools can be applied in each setting. In order to emphasize the broad potential scope of the theory, conventional applications from industrial organization have been largely replaced by applications from labor, macro, and other applied fields in economics. The book covers four classes of games, and four corresponding notions of equilibrium: static games of complete information and Nash equilibrium, dynamic games of complete information and subgame-perfect Nash equilibrium, static games of incomplete information and Bayesian Nash equilibrium, and dynamic games of incomplete information and perfect Bayesian equilibrium.

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Review:

"Lucid and detailed introduction to game theory in an explicitly economic context."--Cooperative Economic News Service

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Gibbons, Robert
ISBN 10: 0691003955 ISBN 13: 9780691003955
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Descrizione libro 1992. PAP. Condizione libro: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Codice libro della libreria KS-9780691003955

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R. Gibbons
Editore: Princeton University Press, United States (1992)
ISBN 10: 0691003955 ISBN 13: 9780691003955
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Descrizione libro Princeton University Press, United States, 1992. Paperback. Condizione libro: New. Reprint. Language: English . Brand New Book. This book introduces one of the most powerful tools of modern economics to a wide audience: those who will later construct or consume game-theoretic models. Robert Gibbons addresses scholars in applied fields within economics who want a serious and thorough discussion of game theory but who may have found other works overly abstract. Gibbons emphasizes the economic applications of the theory at least as much as the pure theory itself; formal arguments about abstract games play a minor role. The applications illustrate the process of model building--of translating an informal description of a multi-person decision situation into a formal game-theoretic problem to be analyzed. Also, the variety of applications shows that similar issues arise in different areas of economics, and that the same game-theoretic tools can be applied in each setting. In order to emphasize the broad potential scope of the theory, conventional applications from industrial organization have been largely replaced by applications from labor, macro, and other applied fields in economics. The book covers four classes of games, and four corresponding notions of equilibrium: static games of complete information and Nash equilibrium, dynamic games of complete information and subgame-perfect Nash equilibrium, static games of incomplete information and Bayesian Nash equilibrium, and dynamic games of incomplete information and perfect Bayesian equilibrium. Codice libro della libreria AAC9780691003955

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Gibbons, Robert
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Descrizione libro 1992. PAP. Condizione libro: New. New Book.Shipped from US within 10 to 14 business days. Established seller since 2000. Codice libro della libreria IB-9780691003955

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Robert Gibbons
Editore: Princeton University Press, United States (1992)
ISBN 10: 0691003955 ISBN 13: 9780691003955
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Descrizione libro Princeton University Press, United States, 1992. Paperback. Condizione libro: New. Reprint. Language: English . Brand New Book. This book introduces one of the most powerful tools of modern economics to a wide audience: those who will later construct or consume game-theoretic models. Robert Gibbons addresses scholars in applied fields within economics who want a serious and thorough discussion of game theory but who may have found other works overly abstract. Gibbons emphasizes the economic applications of the theory at least as much as the pure theory itself; formal arguments about abstract games play a minor role. The applications illustrate the process of model building--of translating an informal description of a multi-person decision situation into a formal game-theoretic problem to be analyzed. Also, the variety of applications shows that similar issues arise in different areas of economics, and that the same game-theoretic tools can be applied in each setting. In order to emphasize the broad potential scope of the theory, conventional applications from industrial organization have been largely replaced by applications from labor, macro, and other applied fields in economics. The book covers four classes of games, and four corresponding notions of equilibrium: static games of complete information and Nash equilibrium, dynamic games of complete information and subgame-perfect Nash equilibrium, static games of incomplete information and Bayesian Nash equilibrium, and dynamic games of incomplete information and perfect Bayesian equilibrium. Codice libro della libreria AAC9780691003955

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Descrizione libro Princeton University Press. Condizione libro: Brand New. Ships from USA. FREE domestic shipping. Codice libro della libreria 0691003955

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Robert Gibbons
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ISBN 10: 0691003955 ISBN 13: 9780691003955
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Descrizione libro Princeton University Press, 1992. Paperback. Condizione libro: New. book. Codice libro della libreria 0691003955

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Descrizione libro PRINCETON UNIV PR, 1992. PAP. Condizione libro: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Codice libro della libreria IB-9780691003955

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Descrizione libro Princeton University Press, United States, 1992. Paperback. Condizione libro: New. Reprint. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. This book introduces one of the most powerful tools of modern economics to a wide audience: those who will later construct or consume game-theoretic models. Robert Gibbons addresses scholars in applied fields within economics who want a serious and thorough discussion of game theory but who may have found other works overly abstract. Gibbons emphasizes the economic applications of the theory at least as much as the pure theory itself; formal arguments about abstract games play a minor role. The applications illustrate the process of model building--of translating an informal description of a multi-person decision situation into a formal game-theoretic problem to be analyzed. Also, the variety of applications shows that similar issues arise in different areas of economics, and that the same game-theoretic tools can be applied in each setting. In order to emphasize the broad potential scope of the theory, conventional applications from industrial organization have been largely replaced by applications from labor, macro, and other applied fields in economics. The book covers four classes of games, and four corresponding notions of equilibrium: static games of complete information and Nash equilibrium, dynamic games of complete information and subgame-perfect Nash equilibrium, static games of incomplete information and Bayesian Nash equilibrium, and dynamic games of incomplete information and perfect Bayesian equilibrium. Codice libro della libreria BTE9780691003955

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ISBN 10: 0691003955 ISBN 13: 9780691003955
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Descrizione libro Princeton University Press, 1992. Paperback. Condizione libro: New. Codice libro della libreria DADAX0691003955

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Robert Gibbons
Editore: Princeton University Press 1992-08-02, Princeton (1992)
ISBN 10: 0691003955 ISBN 13: 9780691003955
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Descrizione libro Princeton University Press 1992-08-02, Princeton, 1992. paperback. Condizione libro: New. Codice libro della libreria 9780691003955

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