Game Theory Bargaining and Auction Strategies

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Release : 2016-04-30
Genre : Business & Economics
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Book Rating : 420/5 ( reviews)

Game Theory Bargaining and Auction Strategies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Game Theory Bargaining and Auction Strategies write by Gregor Berz. This book was released on 2016-04-30. Game Theory Bargaining and Auction Strategies available in PDF, EPUB and Kindle. This text bridges the gulf between theoretical economic principles of negotiation and auction theory and their multifaceted applications in actual practice. It is intended to be a supplement to the already existing literature, as a comprehensive collection of reports detailing experiences and results of very different negotiations and auctions.

Game Theory Bargaining and Auction Strategies

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Release : 2014-01-14
Genre : Business & Economics
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Book Rating : 934/5 ( reviews)

Game Theory Bargaining and Auction Strategies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Game Theory Bargaining and Auction Strategies write by G. Berz. This book was released on 2014-01-14. Game Theory Bargaining and Auction Strategies available in PDF, EPUB and Kindle. This text bridges the gulf between theoretical economic principles of negotiation and auction theory and their multifaceted applications in actual practice. It is intended to be a supplement to the already existing literature, as a comprehensive collection of reports detailing experiences and results of very different negotiations and auctions.

Putting Auction Theory to Work

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Release : 2004-01-12
Genre : Business & Economics
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Book Rating : 168/5 ( reviews)

Putting Auction Theory to Work - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Putting Auction Theory to Work write by Paul Milgrom. This book was released on 2004-01-12. Putting Auction Theory to Work available in PDF, EPUB and Kindle. This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.

Strategies and Games, second edition

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Release : 2022-08-09
Genre : Business & Economics
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Book Rating : 520/5 ( reviews)

Strategies and Games, second edition - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Strategies and Games, second edition write by Prajit K. Dutta. This book was released on 2022-08-09. Strategies and Games, second edition available in PDF, EPUB and Kindle. The new edition of a widely used introduction to game theory and its applications, with a focus on economics, business, and politics. This widely used introduction to game theory is rigorous but accessible, unique in its balance between the theoretical and the practical, with examples and applications following almost every theory-driven chapter. In recent years, game theory has become an important methodological tool for all fields of social sciences, biology and computer science. This second edition of Strategies and Games not only takes into account new game theoretical concepts and applications such as bargaining and matching, it also provides an array of chapters on game theory applied to the political arena. New examples, case studies, and applications relevant to a wide range of behavioral disciplines are now included. The authors map out alternate pathways through the book for instructors in economics, business, and political science. The book contains four parts: strategic form games, extensive form games, asymmetric information games, and cooperative games and matching. Theoretical topics include dominance solutions, Nash equilibrium, Condorcet paradox, backward induction, subgame perfection, repeated and dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, signaling, the Shapley value, and stable matchings. Applications and case studies include OPEC, voting, poison pills, Treasury auctions, trade agreements, pork-barrel spending, climate change, bargaining and audience costs, markets for lemons, and school choice. Each chapter includes concept checks and tallies end-of-chapter problems. An appendix offers a thorough discussion of single-agent decision theory, which underpins game theory.

Strategy and Game Theory

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Release : 2016-08-10
Genre : Mathematics
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Book Rating : 634/5 ( reviews)

Strategy and Game Theory - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Strategy and Game Theory write by Felix Munoz-Garcia. This book was released on 2016-08-10. Strategy and Game Theory available in PDF, EPUB and Kindle. This textbook presents worked-out exercises on game theory with detailed step-by-step explanations. While most textbooks on game theory focus on theoretical results, this book focuses on providing practical examples in which students can learn to systematically apply theoretical solution concepts to different fields of economics and business. The text initially presents games that are required in most courses at the undergraduate level and gradually advances to more challenging games appropriate for masters level courses. The first six chapters cover complete-information games, separately analyzing simultaneous-move and sequential-move games, with applications in industrial economics, law, and regulation. Subsequent chapters dedicate special attention to incomplete information games, such as signaling games, cheap talk games, and equilibrium refinements, emphasizing common steps and including graphical illustrations to focus students’ attention on the most relevant payoff comparisons at each point of the analysis. In addition, exercises are ranked according to their difficulty, with a letter (A-C) next to the exercise number. This allows students to pace their studies and instructors to structure their classes accordingly. By providing detailed worked-out examples, this text gives students at various levels the tools they need to apply the tenets of game theory in many fields of business and economics. This text is appropriate for introductory-to-intermediate courses in game theory at the upper undergraduate and master’s level.