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Game Theory

Thomas A. Weber

in Optimal Control Theory with Applications in Economics

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015738
eISBN:
9780262298483
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015738.003.0004
Subject:
Mathematics, Probability / Statistics

This chapter provides an introduction to games in discrete time with complete and incomplete information. Based on this body of classical game theory, it goes on to discuss continuous-time ... More


The Cost of Ambiguity and Robustness in International Pollution Control

Anastasios Xepapadeas

in Climate Change and Common Sense: Essays in Honour of Tom Schelling

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199692873
eISBN:
9780191738371
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199692873.003.0006
Subject:
Economics and Finance, Development, Growth, and Environmental

Robust policy rules and precaution might be called for, under conditions of scientific uncertainty, when a policy maker is concerned about possible misspecification of the natural system that is used ... More


Optimal Control Theory with Applications in Economics

Thomas A. Weber

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015738
eISBN:
9780262298483
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015738.001.0001
Subject:
Mathematics, Probability / Statistics

This book bridges optimal control theory and economics, discussing ordinary differential equations (ODEs), optimal control, game theory, and mechanism design in one volume. Technically rigorous and ... More


The Impacts of Announcing and Delaying Green Policies

Darko Jus and Volker Meier

in Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262027885
eISBN:
9780262319836
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027885.003.0009
Subject:
Economics and Finance, Development, Growth, and Environmental

Employing a Stackelberg differential game approach, the chapter derives the carbon tax chosen by a climate coalition of resource consuming countries which purchase the fossil resource from a ... More


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