Cooperative Microeconomics

Author : Hervé Moulin
Publisher : Princeton University Press
ISBN 13 : 1400864143
Total Pages : 465 pages
Book Rating : 4.40/5 ( download)

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Download or read book Cooperative Microeconomics written by Hervé Moulin and published by Princeton University Press. This book was released on 2014-07-14 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past fifty years game theory has had a major impact on the field of economics. It was for work in game theory that the 1994 Nobel Prize in Economics was awarded. Although non-cooperative game theory is better known, the theory of cooperative games has contributed a number of fundamental ideas to microeconomic analysis. Cooperative Microeconomics is the definitive textbook on these contributions. Designed to be used by undergraduate and graduate students, the book provides a thorough introduction and overview of its subject. Hervé Moulin distinguishes among three primary modes of cooperation: cooperation by direct agreements; cooperation by just, equitable compromise; and cooperation by decentralized behavior. This tri-modal methodology is applied successively to the exchange of private goods, the fair division of unproduced commodities, the cooperative production of private and public goods, and cost-sharing. Moulin proposes an elementary and self-contained exposition (supplemented by over 125 exercises) of the main cooperative concepts for microeconomic analysis, including core stability, deterministic solutions (such as the Shapley value), and several broad principles of equity (such as the No Envy and Stand Alone tests). The book also covers the most important failures of the decentralized behavior: the tragedy of the commons and the free rider problem in the provision of public goods. Cooperative Microeconomics is the first book of its kind, and it will be widely used in courses in microeconomics and game theory. Originally published in 1995. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Author : Tatsuro Ichiishi
Publisher : Cambridge University Press
ISBN 13 : 9780521414449
Total Pages : 236 pages
Book Rating : 4.4X/5 ( download)

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Download or read book The Cooperative Nature of the Firm written by Tatsuro Ichiishi and published by Cambridge University Press. This book was released on 1993-06-17 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of price and the organization of firms using game theory and neoclassical economics.

Author : Satya R. Chakravarty
Publisher : Cambridge University Press
ISBN 13 : 1107058791
Total Pages : 277 pages
Book Rating : 4.98/5 ( download)

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Download or read book A Course on Cooperative Game Theory written by Satya R. Chakravarty and published by Cambridge University Press. This book was released on 2015-02-09 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Deals with real life situations where objectives of the participants are partially cooperative and partially conflicting"--

Author : Harald Wiese
Publisher : Springer Nature
ISBN 13 : 365834959X
Total Pages : 620 pages
Book Rating : 4.92/5 ( download)

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Download or read book Advanced Microeconomics written by Harald Wiese and published by Springer Nature. This book was released on 2021-08-11 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook for master programs in economics offers a comprehensive overview of microeconomics. It employs a carefully graded approach where basic game theory concepts are already explained within the simpler decision framework. The unavoidable mathematical content is supplied when needed, not in an appendix. The book covers a lot of ground, from decision theory to game theory, from bargaining to auction theory, from household theory to oligopoly theory, and from the theory of general equilibrium to regulation theory. Additionally, cooperative game theory is introduced. This textbook has been recommended and developed for university courses in Germany, Austria and Switzerland.

Author : Rodica Branzei
Publisher : Springer Science & Business Media
ISBN 13 : 354077954X
Total Pages : 203 pages
Book Rating : 4.44/5 ( download)

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Download or read book Models in Cooperative Game Theory written by Rodica Branzei and published by Springer Science & Business Media. This book was released on 2008-03-08 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cooperative game theory is a booming research area with many new developments in the last few years. So, our main purpose when prep- ing the second edition was to incorporate as much of these new dev- opments as possible without changing the structure of the book. First, this o?ered us the opportunity to enhance and expand the treatment of traditional cooperative games, called here crisp games, and, especially, that of multi-choice games, in the idea to make the three parts of the monograph more balanced. Second, we have used the opportunity of a secondeditiontoupdateandenlargethelistofreferencesregardingthe threemodels of cooperative games. Finally, we have bene?ted fromthis opportunity by removing typos and a few less important results from the ?rst edition of the book, and by slightly polishing the English style and the punctuation, for the sake of consistency along the monograph. The main changes are: (1) Chapter 3 contains an additional section, Section 3. 3, on the - erage lexicographic value, which is a recent one-point solution concept de?ned on the class of balanced crisp games. (2) Chapter 4 is new. It o?ers a brief overview on solution c- cepts for crisp games from the point of view of egalitarian criteria, and presents in Section 4. 2 a recent set-valued solution concept based on egalitarian considerations, namely the equal split-o? set. (3)Chapter5isbasicallyanenlargedversionofChapter4ofthe?rst edition because Section 5. 4 dealing with the relation between convex games and clan games with crisp coalitions is new.

Author : Samuel Bowles
Publisher : Princeton University Press
ISBN 13 : 0691158169
Total Pages : 274 pages
Book Rating : 4.67/5 ( download)

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Download or read book A Cooperative Species written by Samuel Bowles and published by Princeton University Press. This book was released on 2013-07-21 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do humans, uniquely among animals, cooperate in large numbers to advance projects for the common good? Contrary to the conventional wisdom in biology and economics, this generous and civic-minded behavior is widespread and cannot be explained simply by far-sighted self-interest or a desire to help close genealogical kin. In A Cooperative Species, Samuel Bowles and Herbert Gintis--pioneers in the new experimental and evolutionary science of human behavior--show that the central issue is not why selfish people act generously, but instead how genetic and cultural evolution has produced a species in which substantial numbers make sacrifices to uphold ethical norms and to help even total strangers. The authors describe how, for thousands of generations, cooperation with fellow group members has been essential to survival. Groups that created institutions to protect the civic-minded from exploitation by the selfish flourished and prevailed in conflicts with less cooperative groups. Key to this process was the evolution of social emotions such as shame and guilt, and our capacity to internalize social norms so that acting ethically became a personal goal rather than simply a prudent way to avoid punishment. Using experimental, archaeological, genetic, and ethnographic data to calibrate models of the coevolution of genes and culture as well as prehistoric warfare and other forms of group competition, A Cooperative Species provides a compelling and novel account of how humans came to be moral and cooperative.

Author : Martin Kolmar
Publisher : Springer
ISBN 13 : 3319575899
Total Pages : 338 pages
Book Rating : 4.96/5 ( download)

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Download or read book Principles of Microeconomics written by Martin Kolmar and published by Springer. This book was released on 2017-09-11 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text provides a comprehensive and unique introduction to modern microeconomics. It pursues an integrative approach by putting the main findings of economics into a broader perspective; theories are critically reflected on from a philosophical standpoint and by comparing them to approaches found in the social sciences, while implications for the design of the legal system and business practices are highlighted throughout. In addition, the book presents brief examples and comprehensive case studies to facilitate an understanding of the theories’ real-world implications. Starting from the question as to why and how societies organize economic activity, the book adopts an institutional perspective to analyze the potential and limitations of different market types with regard to alleviating scarcity and achieving distributive objectives. It not only covers traditional rational-choice models, but also systematically introduces readers to important findings from behavioral economics and psychology. A companion workbook is available which features a wide variety of exercises, ranging from basic multiple-choice questions to challenging mathematical problems and case study scenarios.

Author : Dovev Lavie
Publisher : Taylor & Francis
ISBN 13 : 1000832325
Total Pages : 285 pages
Book Rating : 4.27/5 ( download)

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Download or read book The Cooperative Economy written by Dovev Lavie and published by Taylor & Francis. This book was released on 2023-02-06 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Societal grand challenges have taken a toll on humanity, which finds itself at a crossroads. The concentration of wealth and economic inequality, the dominance of Big Tech firms, the loss of privacy and free choice, and the overconsumption and abuse of natural resources have been reinforced by globalization. Regulation, legislation, international treaties, and government and corporate policies have fallen short of offering sufficient remedies. This book identifies the root cause of these problems and offers a bold solution: a new economic system, free from the design flaws that have contributed to these societal grand challenges. The proposed cooperative economy is an ethical community-driven exchange system that relies on collective action to promote societal values while accounting for resource constraints. Unlike the modern economic system that is predominantly driven by opportunistic behavior, the cooperative economy moves away from a materialistic orientation and follows a more balanced perspective that leverages prosocial behavior. The book explains how this new system adopts design principles that promote self-sufficiency of communities, sustainability and entrepreneurship while limiting overconsumption and excessive profit-making. It enhances economic equality by leveraging price subsidization and by restricting salary differences. The book describes how the system serves the interests of consumers, vendors, and employees while preventing the accumulation of power by the platform owner who operates this system. This book is invaluable reading for policymakers who have been searching for solutions to some of the grand challenges that our society faces, and to managers who have sought alternative ways to cope with platform ecosystems, resource shortages, and supply chain disruptions. It revisits long-held assumptions, offering a treatise and food for thought, as well as a plan for concrete action. The book is also highly relevant to scholars and students in the study of economics, strategy, innovation, and public policy and to all readers who are concerned about the future of our planet and society.

Author : James Bergin
Publisher : Oxford University Press on Demand
ISBN 13 : 0199280290
Total Pages : 379 pages
Book Rating : 4.92/5 ( download)

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Download or read book Microeconomic Theory written by James Bergin and published by Oxford University Press on Demand. This book was released on 2005-05-19 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomic Theory is based on lecture notes for a graduate course in microeconomic theory. It covers a broad range of topics, and to some extent the lecture structure is retained in the style of the book. The author provides a clear account of the main ideas in each area concisely, and in some depth of detail. The presentation is at an advanced level and provides succinct coverage of the material in a self contained discussion.Chapters are organized and written independently making it possible to read any chapter without having read earlier material. Each chaper is written on the presumption that the reader has some familiarity with the topics or issues under discussion but would value further discussion, or a second point of view . While much of the material is mainstream, a substantial portion is not available in existing textbooks. The book covers a range of topics appearing in advanced courses inmicroeconomic theory. Coverage includes such topics as decision theory, strategic and extensive form games, auctions, bargaining, information models, principal- agent problems, signalling and screening games, cooperative games and models of learning.

Author : Tatsuro Ichiishi
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.34/5 ( download)

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Download or read book Cooperative Nature of the Firm written by Tatsuro Ichiishi and published by . This book was released on 1992 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: