Theory of conjectural variations / Charles Figuieres ... [et al.].

Format:

Book

Contributor:

Figuieres, Charles.

Series:

Series on mathematical economics and game theory ; v. 2.

Series on mathematical economics and game theory ; v. 2

Language:

English

Subjects (All):

Game theory.

Economics, Mathematical.

Physical Description:

1 online resource (186 p.)

Edition:

1st ed.

Place of Publication:

River Edge, NJ : World Scientific, c2004.

Language Note:

English

Summary:

We have witnessed in recent years a revival of Conjectural Variations in Game Theory. This reincarnation of an old idea, using a dynamic point of view, aims at combining the adequacy with facts to the requirements of a firmly grounded theory. This book presents, for the first time, a comprehensive account of conjectural variations equilibria in their static inceptions, featuring new comparative results of equilibria with regard to efficiency. It then describes several advances in Dynamic Game Theory, allowing to understand Conjectural Variations Equilibria as dynamic equilibria. The question

Contents:

""Contents ""; ""Preface ""; ""1. Static Conjectural Variations Equilibria: Initial Concepts ""; ""1.1 Introduction ""; ""1.2 Origin of the conjectural variations concept ""; ""1.3 Definitions and characterisation of Conjectural Variations Equilibria ""; ""1.3.1 Notation and assumptions ""

""1.3.2 Nash equilibrium Pareto optimality """"1.3.3 Conjectures reactions and consistency ""; ""1.3.4 Conjectural Variations Equilibria with general conjectures (GCVE) ""; ""1.3.5 Conjectural Variations Equilibria (CVE) ""; ""1.3.6 Consistent General Conjectural Variations Equilibria (CGCVE) ""

""1.3.7 Consistent Conjectural Variations Equilibria (CCVE) """"1.3.8 Equilibria with punctual consistency ""; ""1.3.9 Conjectures in many-player games ""; ""1.4 Examples and illustrations ""; ""1.4.1 Cournot's duopoly ""; ""1.4.2 Bertrand's duopoly ""

""1.4.3 Voluntary contributions to a public good """"1.5 An attempt at generalisation ""; ""1.6 Conclusion ""; ""2. Conjectures as Reduced Forms for Dynamic Interactions ""; ""2.1 Introduction ""; ""2.2 Private provision of a public good ""; ""2.2.1 One-shot simultaneous contributions ""

""2.2.2 Repeated contributions """"2.2.3 Private investment in a stock of public good ""; ""2.3 Oligopoly ""; ""2.3.1 Static Cournot oligopoly with constant conjectures ""; ""2.3.2 A repeated linear oligopoly ""; ""2.3.3 Dynamic duopoly with adjustment costs ""

""2.4 Public infrastructure competition ""

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 163-166) and index.

ISBN:

9786611934774

9781281934772

1281934771

9789812794888

9812794883

OCLC:

879023802