ENGLISH

Theory and Applications of Dynamic Games: A Course on Noncooperative and Cooperative Games Played over Event Trees (Theory and Decision Library C, 51)

Book information

Publisher
Springer
Year
2022
ISBN
3031164547, 9783031164545
Language
english
Format
PDF
Filesize
2 MB (2204519 bytes)
Edition
1st ed. 2022
Pages
272\263
Time added
2025-01-28 13:53:52

Description

This textbook provides a comprehensive overview of noncooperative and cooperative dynamic games involving uncertain parameter values, with the stochastic process being described by an event tree. Primarily intended for graduate students of economics, management science and engineering, the book is self-contained, as it defines and illustrates all relevant concepts originally introduced in static games before extending them to a dynamic framework. It subsequently addresses the sustainability of cooperative contracts over time and introduces a range of mechanisms to help avoid such agreements breaking down before reaching maturity. To illustrate the concepts discussed, the book provides various examples of how dynamic games played over event trees can be applied to environmental economics, management science, and engineering.

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