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Titlebook: Durable-Strategies Dynamic Games; Theory, Solution Tec David W. K. Yeung,Leon A. Petrosyan Textbook 2022 The Editor(s) (if applicable) and

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书目名称Durable-Strategies Dynamic Games
副标题Theory, Solution Tec
编辑David W. K. Yeung,Leon A. Petrosyan
视频video
概述Provides techniques for solving durable strategies dynamic games.Covers theories, solution techniques, and applications of a general class of dynamic games.Enables readers to solve numerous practical
丛书名称Theory and Decision Library C
图书封面Titlebook: Durable-Strategies Dynamic Games; Theory, Solution Tec David W. K. Yeung,Leon A. Petrosyan Textbook 2022 The Editor(s) (if applicable) and
描述.Durable strategies that have prolonged effects are prevalent in real-world situations. Revenue-generating investments, toxic waste disposal, long-lived goods, regulatory measures, coalition agreements, diffusion of knowledge, advertisement and investments to accumulate physical capital are concrete and common examples of durable strategies. This book provides an augmentation of dynamic game theory and advances a new game paradigm with durable strategies in decision-making schemes. It covers theories, solution techniques, and the applications of a general class of dynamic games with multiple durable strategies. Non-cooperative equilibria and cooperative solutions are derived, along with advanced topics including random termination, asynchronous game horizons, and stochastic analysis. The techniques presented here will enable readers to solve numerous practical dynamic interactive problems with durable strategies.. .This book not only expands the scope of applied dynamic game theory, but also provides a solid foundation for further theoretical and technical advancements. As such, it will appeal to scholars and students of quantitative economics, game theory, operations research, and
出版日期Textbook 2022
关键词Dynamic Game Theory; Dynamic Optimization; Decision Theory; Operations Research; Computational Mathemati
版次1
doihttps://doi.org/10.1007/978-3-030-92742-4
isbn_softcover978-3-030-92744-8
isbn_ebook978-3-030-92742-4Series ISSN 0924-6126 Series E-ISSN 2194-3044
issn_series 0924-6126
copyrightThe Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl
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Difficult Questions to Structurehe introduction of a novel class of strategies which has durable effects in strategic interactive analysis over time generates a new perspective to dynamic game theory. Durable strategies such as investments, advertisement, durable goods, diffusion of knowledge are prevalent in real-life situations.
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Why Decision Analysis Is the Right Solutione state dynamics. A novel dynamic optimization theorem involving durable strategies is developed as the foundation for the derivation of game equilibria. Worth noting is that both the current state variables and previously executed durable strategies appear as given in the stage optimization problem
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WCOM™ Business Process Excellenceyoffs and the state dynamics. Drawing attention to non-cooperative behaviors among participants would, in general, lead to an outcome which is not Pareto optimal, cooperative solutions satisfying Pareto optimality and individual rationality are explored. To guarantee that the participants would not
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Carlo Baroncelli,Noela Ballerioaximization by individual agents or nations leads to environmental degradation that would destroy the environmental conditions for the existence of humankind. Unilateral response of a single nation or region deems to be ineffective in providing a viable solution. To reflect the extent of non-coopera
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