Kategoria BISAC: Mathematics >> Game Theory

Agent systems are being used to model complex systems like societies, markets and biological systems. In this book we investigate issues of agent systems related to convergence and interactivity using techniques from agent based modelling to simulate complex systems, and demonstrate that interactivity/exchange and convergence in multi-agent systems are issues that are significantly interrelated.

Topic and features: - Introduces the state of the art in multi-agent systems, with an emphasis on agent-based computational economics. - Sheds light on the fundamental concepts behind the...

The utility maximization paradigm forms the basis of many economic, psychological, cognitive and behavioral models. However, numerous examples have revealed the deficiencies of the concept. This book helps to overcome those deficiencies by taking into account insensitivity of measurement threshold and context of choice. The second edition has been updated to include the most recent developments and a new chapter on classic and new results for infinite sets.

In the first part of this book, we treat interacting and small open economies. We do this from an historical perspective, starting from the Classical model of the gold standard and the specie-flow mechanism and aim to show there that the Dornbusch IS-LM-PC approach, with or without rational expectations, can still be considered as a (if not the) core contribution to contemporaneous open economy macrodynamics, also on the level of structural macroeconometric model building. In the second part we then extend this analysis to the incorporation of more disequilibrium on the real markets,...

In this book, leading experts in international negotiations present formal models of conflict resolution and international negotiations. It examines how the abstract concept of formal models can be made more understandable to those not trained to work with them, what can be done to encourage the use of formal methods in the real world, and ways in which politicians and diplomats can apply formal methods to the problems they are currently facing.

This is the third volume in the Paris-Princeton Lectures in Financial Mathematics, which publishes, on an annual basis, cutting-edge research in self-contained, expository articles from outstanding specialists, both established and upcoming. Coverage includes articles by Rene Carmona, Ivar Ekeland/Erik Taflin, Arturo Kohatsu-Higa, Pierre-Louis Lions/Jean-Michel Lasry, and Huyen Pham.

A collection of papers dealing with a broad range of topics in mathematical economics, game theory and economic dynamics. The contributions present both theoretical and applied research. The volume is dedicated to Mordecai Kurz. The papers were presented in a special symposium co-hosted by the Stanford University Department of Economics and by the Stanford Institute of Economic Policy Research in August 2002.

This book presents the latest trends, methods and results in nonlinear dynamics with a special focus on oligopolies. It contains a number of technical appendices that summarize techniques of global dynamics not easily accessible elsewhere.

Gegenstand der Versicherungsmathematik sind Modelle und Methoden zur Quantifizierung von Risiken in der Versicherungswirtschaft. Sie ist damit ein Teilgebiet der Stochastik mit einer anwendungsspezifischen Auspragung. Der Schwerpunkt dieses Buches ist die Schadensversicherung. Aufbauend auf dem individuellen und dem kollektiven Modell fur den Gesamtschaden eines Bestandes behandelt es grundlegende Aspekte der Tarifierung und der Schadensreservierung sowie die wichtigsten Formen der Ruckversicherung und Methoden zum Vergleich von Risiken.