Beschreibung:
Introduction. Formal Representation of Games. Two-Player Zero-Sum Games. Equilibrium Concepts. Games with Incomplete Equilibrium. Refinements of the Nash Equilibrium Concept. Repeated Games and Folk Theorems. Bargaining Theory. Cooperative Game Theory.
Introduces the game-theoretic approach of modelling economic behaviour and interaction, focusing on concepts and ideas from the field of game-theoretic models which find commonly used applications in economics. This book provides the reader with skills necessary to formalize economic games and to make them accessible for game theoretic analysis.