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Subgame Consistent Cooperation - David W.K. Yeung, Leon A. Petrosyan

Subgame Consistent Cooperation

A Comprehensive Treatise
Buch | Hardcover
520 Seiten
2016 | 1st ed. 2016
Springer Verlag, Singapore
978-981-10-1544-1 (ISBN)
CHF 149,75 inkl. MwSt
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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.

            

Introduction.- Subgame Consistent Cooperative Solution in Differential Games.- Subgame Consistent Cooperation in Stochastic Differential Games.- Subgame Consistency in Randomly-Furcating Cooperative Stochastic Differential Games.- Subgame Consistency under Asynchronous Players’ Horizons.- Subgame Consistent Cooperative Solution in NTU Differential Games.- Subgame Consistent Cooperative Solution in Dynamic Games.- Subgame Consistent Cooperative Solution in Random Horizon Dynamic Games.- Subgame Consistency in Randomly-Furcating Cooperative Stochastic Dynamic Games.- Subgame Consistency under Furcating Payoffs, Stochastic Dynamics and Random Horizon.- Subgame Consistency in NTU Cooperative Dynamic Games.- Applications in Cooperative Public Goods Provision.- Collaborative Environmental Management.- Cooperation with Technology Switching.- Applications in Business Collaboration

Erscheinungsdatum
Reihe/Serie Theory and Decision Library C ; 47
Zusatzinfo 23 Illustrations, black and white; XIV, 520 p. 23 illus.
Verlagsort Singapore
Sprache englisch
Maße 155 x 235 mm
Themenwelt Mathematik / Informatik Mathematik Angewandte Mathematik
Mathematik / Informatik Mathematik Finanz- / Wirtschaftsmathematik
Mathematik / Informatik Mathematik Wahrscheinlichkeit / Kombinatorik
Wirtschaft Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre
ISBN-10 981-10-1544-9 / 9811015449
ISBN-13 978-981-10-1544-1 / 9789811015441
Zustand Neuware
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