Game Theory and Economic Applications

Game Theory and Economic Applications Synopsis

This book deals with various strands of decision and game theory, and their applications to a variety of economic problems. It brings together the contributions of a wide spectrum of discipline ranging from statistics and mathematics to mathematical economics, industrial organisation and operations research. The papers included represent original contributions orstate-of-the-art surveys by internationally renowned scholars in their respective areas and have been refereed according to the standards of high quality journals. The first four sections comprise Decision Theory, Stochastic Games, Cooperative and Noncooperative Games, and will appeal to game theorists, statisticians and operations researchers. The fifth section includes applictions to economic problems such as bilateral bargaining, learning behaviour in oligopolies, financial markets with asymmetric information, information trading, technology transfer, multisectoral growth and collective choice. These will appeal to economists in developed and developing countries alike, as well as to specialist in business disciplines.