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Game Theory and Economic Modelling

David M. Kreps

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283812
eISBN:
9780191596568
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198283814.001.0001
Subject:
Economics and Finance, Microeconomics

Beginning in the early to the mid‐1970s, non‐cooperative game theory became an important tool of economics. This book is based on a series of lectures given at Oxford, and comments on this use of ... More


Realistic Decision Theory: Rules for Nonideal Agents in Nonideal Circumstances

Paul Weirich

Published in print:
2004
Published Online:
November 2004
ISBN:
9780195171259
eISBN:
9780199834976
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/019517125X.001.0001
Subject:
Philosophy, Logic/Philosophy of Mathematics

Decision theory aims at a general account of rationality covering humans but to begin makes idealizations about decision problems and agents' resources and circumstances. It treats inerrant agents ... More


 Bounding Equilibrium Perfect Public Equilibrium Payoffs

George J. Mailath and Larry Samuelson

in Repeated Games and Reputations: Long-Run Relationships

Published in print:
2006
Published Online:
January 2007
ISBN:
9780195300796
eISBN:
9780199783700
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195300796.003.0008
Subject:
Economics and Finance, Behavioural Economics

This chapter uses the tools developed in Chapter 7 to bound the set of equilibrium payoffs for a repeated game, based on decomposing payoffs on half spaces. These bounds imply a lack of efficiency ... More


 Almost Public Monitoring Games

George J. Mailath and Larry Samuelson

in Repeated Games and Reputations: Long-Run Relationships

Published in print:
2006
Published Online:
January 2007
ISBN:
9780195300796
eISBN:
9780199783700
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195300796.003.0013
Subject:
Economics and Finance, Behavioural Economics

This chapter provides a detailed treatment of work on games with almost-public monitoring. The chapter introduces the key distinction between strategies with bounded and unbounded recall, showing ... More


 Reputations with Long-Lived Players

George J. Mailath and Larry Samuelson

in Repeated Games and Reputations: Long-Run Relationships

Published in print:
2006
Published Online:
January 2007
ISBN:
9780195300796
eISBN:
9780199783700
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195300796.003.0016
Subject:
Economics and Finance, Behavioural Economics

This argument extends the reputation results of the previous chapter to games in which both players are long-lived. The argument here is complicated by the intertemporal incentives that now appear in ... More


Before the State: Systemic Political Change in the West from the Greeks to the French Revolution

Andreas Osiander

Published in print:
2007
Published Online:
May 2008
ISBN:
9780198294511
eISBN:
9780191717048
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198294511.001.0001
Subject:
Political Science, International Relations and Politics

This book challenges the habit of conventional historiography of taking the ‘essential’ state – a ‘bounded entity’ equipped with a ‘sovereign’ central power — for granted in any period and of not ... More


Bounded Thinking: Intellectual virtues for limited agents

Adam Morton

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199658534
eISBN:
9780191746192
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199658534.001.0001
Subject:
Philosophy, Metaphysics/Epistemology, Philosophy of Mind

The book describes virtues of limitation management, intellectual virtues of adapting to the fact that we cannot solve many problems that we can easily describe. How to be profitably stupid. It ... More


The general problem

J. L. Ramírez Alfonsín

in The Diophantine Frobenius Problem

Published in print:
2005
Published Online:
September 2007
ISBN:
9780198568209
eISBN:
9780191718229
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198568209.003.0003
Subject:
Mathematics, Algebra, Combinatorics / Graph Theory / Discrete Mathematics

This chapter provides a systematic exposition of the known formulas, including upper and lower bounds for g(a1, . . . , an) for general n, and for special sequences (for instance, when a1, . . . , an ... More


INTRODUCTION

Andrea Braides

in Gamma-Convergence for Beginners

Published in print:
2002
Published Online:
September 2007
ISBN:
9780198507840
eISBN:
9780191709890
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198507840.003.0001
Subject:
Mathematics, Applied Mathematics

The idea of a variational convergence is introduced as an equality of upper and lower bounds for families of variational problems. Examples are given that illustrate some of the main applications of ... More


Γ-CONVERGENCE BY NUMBERS

Andrea Braides

in Gamma-Convergence for Beginners

Published in print:
2002
Published Online:
September 2007
ISBN:
9780198507840
eISBN:
9780191709890
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198507840.003.0002
Subject:
Mathematics, Applied Mathematics

This chapter introduces all the abstract notions and results on Gamma-convergence. Starting from upper and lower-semicontinuous functions, Gamma-convergence is defined and its differences from other ... More


THE MANAGEMENT OF UNCERTAINTY: ORGANIZATIONS AS DECISION-MAKING SYSTEMS

Chun Wei Choo

in The Knowing Organization: How Organizations Use Information to Construct Meaning, Create Knowledge, and Make Decisions

Published in print:
2005
Published Online:
September 2007
ISBN:
9780195176780
eISBN:
9780199789634
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195176780.003.0005
Subject:
Business and Management, Knowledge Management

Depending on the degree of goal uncertainty and procedural uncertainty, organizational decision making may follow the bounded rationality model, process model, political model, or anarchic model. ... More


Simple Heuristics in a Social World

Ralph Hertwig, Ulrich Hoffrage, and ABC Research Group (eds)

Published in print:
2012
Published Online:
January 2013
ISBN:
9780195388435
eISBN:
9780199950089
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195388435.001.0001
Subject:
Psychology, Social Psychology

This book invites readers to discover the simple heuristics that people use to navigate the complexities and surprises of environments populated with others. The social world is a terrain where ... More


Bounded Rationality and Industrial Organization

Ran Spiegler

Published in print:
2011
Published Online:
September 2011
ISBN:
9780195398717
eISBN:
9780199896790
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195398717.001.0001
Subject:
Economics and Finance, Behavioural Economics

This book synthesizes recent developments in the theory of Industrial Organization, incorporating aspects of consumer psychology that are absent from the standard model of rational choice. The book ... More


Rational People and Religion

Witham Larry

in Marketplace of the Gods: How Economics Explains Religion

Published in print:
2010
Published Online:
May 2010
ISBN:
9780195394757
eISBN:
9780199777372
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195394757.003.0002
Subject:
Religion, Religion and Society

Economics and cognitive psychology have long debated the nature of human rationality. One says humans have a capacity for rational calculation, while the other points to “cognitive bias” in people’s ... More


Traces

Simon Scott

in Traces and Determinants of Pseudodifferential Operators

Published in print:
2010
Published Online:
January 2011
ISBN:
9780198568360
eISBN:
9780191594748
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198568360.003.0002
Subject:
Mathematics, Analysis

In this Chapter examples of trace structures are given along with some elements of trace theory in general. These facts and examples are called upon and, in the specific case of pseudodifferential ... More


 Planning Ahead

Ken Binmore

in Playing for Real: Game Theory

Published in print:
2007
Published Online:
May 2007
ISBN:
9780195300574
eISBN:
9780199783748
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195300574.003.0005
Subject:
Economics and Finance, Microeconomics

This chapter consolidates the ideas necessary to understand the strategic form of a game. Payoff functions are introduced, and strategic forms of versions of Duel and Russian Roulette illustrate the ... More


THE CAUCHY PROBLEM WITH GROWING INITIAL DATA

Juan Luis Vázquez

in The Porous Medium Equation: Mathematical Theory

Published in print:
2006
Published Online:
September 2007
ISBN:
9780198569039
eISBN:
9780191717468
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198569039.003.0012
Subject:
Mathematics, Mathematical Physics

This chapter examines general conditions on the initial data under which the PME can be solved. The emphasis is on non-negative solutions and the data are locally integrable functions. Signed ... More


MINIMUM DEGREE: LAWS OF LARGE NUMBERS

Mathew Penrose

in Random Geometric Graphs

Published in print:
2003
Published Online:
September 2007
ISBN:
9780198506263
eISBN:
9780191707858
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198506263.003.0007
Subject:
Mathematics, Probability / Statistics

This chapter is concerned with the minimum degree of the random geometric graph G(n,r), or equivalently with the threshold value of r at which the minimum degree achieves value k. Laws of large ... More


DATA REDUCTION AND PROBLEM KERNELS

Rolf Niedermeier

in Invitation to Fixed-Parameter Algorithms

Published in print:
2006
Published Online:
September 2007
ISBN:
9780198566076
eISBN:
9780191713910
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198566076.003.0007
Subject:
Mathematics, Combinatorics / Graph Theory / Discrete Mathematics

This chapter presents one of the most basic and most important techniques for developing fixed-parameter algorithms: data reduction and problem kernelization. It starts with some basic definitions ... More


THE DIRICHLET PROBLEM II. LIMIT SOLUTIONS, VERY WEAK SOLUTIONS AND SOME OTHER VARIANTS

Juan Luis Vázquez

in The Porous Medium Equation: Mathematical Theory

Published in print:
2006
Published Online:
September 2007
ISBN:
9780198569039
eISBN:
9780191717468
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198569039.003.0006
Subject:
Mathematics, Mathematical Physics

This chapter continues the analysis of the initial and boundary value problem. Topics covered include limit solutions, theory of very weak solutions, problems in different domains, limit solutions to ... More


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