Games, Decisions, and Markets
- Indbinding:
- Hardback
- Sideantal:
- 266
- Udgivet:
- 24. april 2024
- Udgave:
- 2024
- Størrelse:
- 155x0x235 mm.
- 8-11 hverdage.
- 27. november 2024
På lager
Normalpris
Abonnementspris
- Rabat på køb af fysiske bøger
- 1 valgfrit digitalt ugeblad
- 20 timers lytning og læsning
- Adgang til 70.000+ titler
- Ingen binding
Abonnementet koster 75 kr./md.
Ingen binding og kan opsiges når som helst.
- 1 valgfrit digitalt ugeblad
- 20 timers lytning og læsning
- Adgang til 70.000+ titler
- Ingen binding
Abonnementet koster 75 kr./md.
Ingen binding og kan opsiges når som helst.
Beskrivelse af Games, Decisions, and Markets
This book critically discusses the historical backgrounds and new developments of the theories of games, decisions, and markets, with many possible applications to social and economic problems. Consisting of three connected parts, the book sheds new light on the role of merchants in the market economy under conditions of risk and uncertainty. Part I begins with the question of why and how John von Neumann and Oskar Morgenstern did joint work in game theory, namely, the theoretical study of strategic interactions among several decision makers. The duel between Sherlock Holmes and Professor Moriarty in Conan Doyle's famous detective story is recalled as a great inducement to Neumann and Morgenstern to invent zero-sum, two-person games. More general non-zero-sum games and associated Nash solutions are then discussed in relation to the generation-gap problem between a young couple and an elderly couple. Part II explores a set of very fundamental problems of individual decision making. Thetwo famous axioms of revealed preference ¿ Samuelson's weak axiom and Houthakker's axiom ¿ are skillfully connected and empirically reevaluated by the introduction of certain regularity conditions. The revealed preference approach is then extended from the original commodity space to the dual price space. Such dual treatment in microeconomics is further applied to the theory of cost and production, with the decomposition of the total factor price effect into the substitution and scale effects. Part III turns the reader¿s attention to the interdependence of several markets. The almost forgotten Hicks¿Morishima approach is newly revived with graphical illustrations of traded goods. The well-known Jones¿Kemp approach to international trade is boldly expanded into the world of risk and uncertainty. Some striking results in comparative static analysis are derived, with favorable implications for the real world.
Brugerbedømmelser af Games, Decisions, and Markets
Giv din bedømmelse
For at bedømme denne bog, skal du være logget ind.Andre købte også..
Find lignende bøger
Bogen Games, Decisions, and Markets findes i følgende kategorier:
- Business og læring > Økonomi og finans
- Business og læring > Videnskab
- Krop og sind
- Reference, information og tværfaglige emner > Tværfaglige studier > Regionale studier
- Samfund og samfundsvidenskab > Psykologi > Arbejdspsykologi og erhvervspsykologi
- Økonomi, finans, erhvervsliv og ledelse > Økonomi > International økonomi > International handel
- Økonomi, finans, erhvervsliv og ledelse > Økonomi > Udviklingsøkonomi og vækstøkonomier
- Økonomi, finans, erhvervsliv og ledelse > Økonomi > Politisk økonomi
- Lægevidenskab og sygepleje
- Matematik og naturvidenskab > Matematik > Optimalisering > Spilteori
© 2024 Pling BØGER Registered company number: DK43351621