Theory and Applications of Dynamic Games : A Course on Noncooperative and Cooperative Games Played over Event Trees

2022 ed.

by Elena Parilina , Georges Zaccour , Puduru Viswanadha Reddy

Book Details

Format Hardback or Cased Book

Book Series Theory and Decision Library C

ISBN-10 3031164547

ISBN-13 9783031164545

Edition 2022 ed.

Publisher Springer International Publishing AG

Imprint Springer International Publishing AG

Country of Manufacture GB

Country of Publication GB

Publication Date Nov 24th, 2022

Print length 259 Pages

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Ksh 9,900.00

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This textbook provides a comprehensive overview of noncooperative and cooperative dynamic games involving uncertain parameter values, with the stochastic process being described by an event tree.

This textbook provides a comprehensive overview of noncooperative and cooperative dynamic games involving uncertain parameter values, with the stochastic process being described by an event tree. Primarily intended for graduate students of economics, management science and engineering, the book is self-contained, as it defines and illustrates all relevant concepts originally introduced in static games before extending them to a dynamic framework. It subsequently addresses the sustainability of cooperative contracts over time and introduces a range of mechanisms to help avoid such agreements breaking down before reaching maturity. To illustrate the concepts discussed, the book provides various examples of how dynamic games played over event trees can be applied to environmental economics, management science, and engineering.

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