Applied Game Theory And Strategic Behavior

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Anderson, Patrick L.

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ISBN:9781584888437
Editorial: Taylor & Francis
Fecha de la edición:2009
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Nº Pág.:230
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/ Economía Cuantitativa

Presenting topics from a practical point of view, "Applied Game Theory and Strategic Behavior" illustrates how game theory can be used to solve real problems in public policy and the business world. This book demonstrates the benefits of using strategic thinking that incorporates aspects of uncertainty about the behavior of other parties. It offers a rigorous definition of game theory with detailed descriptions of different forms of games, the context of game theory, and the basic assumptions of the theory. This book includes the application areas of business, management, government, and regulation, and provides MATLAB[registered], Simulink, and Excel codes to assist with more difficult calculations.

THE CONCEPT OF GAME THEORY AND STRATEGIC BEHAVIOR: Introduction. Basic Concepts of Game Theory. APPLICATIONS OF GAME THEORY IN EVERYDAY LIFE: Job Interview Process: A Game with Complete Information. Car-Fixing Problem: A Game with Asymmetric Information. Restaurant Owner's Dilemma. APPLICATIONS OF GAME THEORY IN BUSINESS DECISIONS: A Dynamic Game with Symmetric Information in Auto Industry. A Dynamic Game with Asymmetric Information in the Beer Industry. A Repeated Game with Symmetric Information in the Wine Industry. An Expert Game in Commercial Litigation with and without Reputation. The Lending Game. APPLICATIONS OF GAME THEORY FOR GOVERNMENT AND REGULATION: Competitive Response to Corporate Average Fuel Efficiency (CAFE) Standards. The Antitrust Game with Incomplete Information Set. The Moral Hazard Game. The Tax Policy Game. The Trade Policy Game. Appendices.