Kategoria BISAC: Mathematics >> Game Theory

Using network models to investigate the interconnectivity in modern economic systems allows researchers to better understand and explain some economic phenomena. This volume presents contributions by known experts and active researchers in economic and financial network modeling. Readers are provided with an understanding of the latest advances in network analysis as applied to economics, finance, corporate governance, and investments. Moreover, recent advances in market network analysis that focus on influential techniques for market graph analysis are also examined. Young researchers...

Experimental Econophysics describes the method of controlled human experiments, which is developed by physicists to study some problems in economics or finance, namely, stylized facts, fluctuation phenomena, herd behavior, contrarian behavior,
hedge behavior, cooperation, business cycles, partial information, risk management, and stock prediction. Experimental econophysics together with empirical econophysics are two branches of the field of econophysics. The latter one has been
extensively discussed in the existing books, while the former one has been seldom touched. In this...

The study of M-matrices, their inverses and discrete potential theory is now a well-established part of linear algebra and the theory of Markov chains. The main focus of this monograph is the so-called inverse M-matrix problem, which asks for a characterization of nonnegative matrices whose inverses are M-matrices. We present an answer in terms of discrete potential theory based on the Choquet-Deny Theorem. A distinguished subclass of inverse M-matrices is ultrametric matrices, which are important in applications such as taxonomy. Ultrametricity is revealed to be a relevant concept in...

Maximizing reader insights into the interactions between game theory, excessive crowding and safety and security elements, this book establishes a new research angle by illustrating linkages between different research approaches and through laying the foundations for subsequent analysis.

Congestion (excessive crowding) is defined in this work as all kinds of flows; e.g., road/sea/air traffic, people, data, information, water, electricity, and organisms. Analysing systems where congestion occurs which may be in parallel, series, interlinked, or interdependent, with flows one way or...

Dieses bewahrte, pragmatisch orientierte Standardwerk deckt den gesamten Stoff der Vorlesung Wirtschaftsmathematik im Bachelorstudium einschliesslich der Finanzmathematik ab. Im Vordergrund stehen die tatsachlichen Anwendungsmoglichkeiten der Mathematik in den Wirtschaftswissenschaften, nicht die mathematische Eleganz und Beweisfuhrung. Ubersichtlich strukturierte Schemata erleichtern die Umsetzung okonomischer Verfahren.
Schritt fur Schritt wird der Stoff anhand vieler okonomischer Beispiele erklart. Zahlreiche zusatzliche Musteraufgaben erleichtern das selbststandige Erarbeiten. Eine...

Maximizing reader insights into the roles of intelligent agents in networks, air traffic and emergency departments, this volume focuses on congestion in systems where safety and security are at stake, devoting special attention to applying game theoretic analysis of congestion to: protocols in wired and wireless networks; power generation, air transportation and emergency department overcrowding.

Reviewing exhaustively the key recent research into the interactions between game theory, excessive crowding, and safety and security elements, this book establishes a new research angle by...

During the past 20 years, behavioral and social scientists - following advances in physics and mathematics - have shown an increasing interest in complex, adaptive, self-organizing, dynamic systems. The appeal of this perspective is fueled by the fact that there are a handful of properties that are common to all dynamic systems that can be used to explain the spontaneous emergence of novel forms, the mechanisms of continuity and change, and the dynamics of a large number of interacting factors. From animal population dynamics to human neural processes, there is growing evidence that human...

This bookpresents a rigorous treatment of the mathematical instruments available for dealing with income distributions, in particular Lorenz curves and related methods. The methods examinedallow usto analyze, compare and modify such distributions from an economic and social perspective. Though balanced income distributions are key to peacefulcoexistencewithin and between nations, it is often difficultto identify the right kind of balance needed, because there is an interesting interaction with innovation and economic growth. Theissue of justice, as discussed in Thomas Piketty sbestseller...

Beginning on the 18th of March, 1905, at approximately eight week intervals, the noted German physics journal Annalen der Physik received three hand-written manuscripts from a relatively unknown patent examiner in Bern. The patent examiner was the twenty-six year old Albert Einstein and the three papers would set the agenda for twentieth century physics. A fourth short paper was received by the journal on the 27th of September. It contained Einstein's derivation of the formula E=mc². These papers with their many technological ramifications changed our lives in the twentieth...