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Stability and Perfection of Nash Equilibria

Language EnglishEnglish
Book Paperback
Book Stability and Perfection of Nash Equilibria Eric van Damme
Libristo code: 01565391
Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, July 1991
This book discusses the main shortcomings of the classical solution concept from noncooperative game... Full description
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This book discusses the main shortcomings of the classical solution concept from noncooperative game theory (that of Nash equilibria) and provides a comprehensive study of the more refined concepts (such as sequential, perfect, proper and stable equilibria) that have been introduced to overcome these drawbacks. The plausibility of the assumptions underlying each such concept are discussed, desirable properties as well as deficiencies are illustrated, characterizations are derived and the relationships between the various concepts are studied. The first six chapters provide an informal discussion with manyexamples as well as a comprehensive overview for normal form games. The remaining chapters are devoted to specific applications, illustrating the strength (resp. weakness) of the various concepts.

About the book

Full name Stability and Perfection of Nash Equilibria
Author Eric van Damme
Language English
Binding Book - Paperback
Date of issue 1991
Number of pages 339
EAN 9783540538004
ISBN 3540538003
Libristo code 01565391
Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Weight 532
Dimensions 159 x 235 x 20

Categories

Economics, Finance, Business & Management > Business & Management > Management & management techniques > Management decision making
Mathematics & Science > Mathematics > Applied mathematics > Stochastics
Economics, Finance, Business & Management > Economics > Economic theory & philosophy
Economics, Finance, Business & Management > Economics > Macroeconomics
Economics, Finance, Business & Management > Business & Management > Operational research
Mathematics & Science > Mathematics > Probability & statistics
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