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Cooperative Games

Paul Weirich

in Collective Rationality: Equilibrium in Cooperative Games

Published in print:
2010
Published Online:
September 2009
ISBN:
9780195388381
eISBN:
9780199866700
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195388381.003.0008
Subject:
Philosophy, Logic/Philosophy of Mathematics

Players may act jointly to honor a contract that binds them. Cooperative games afford opportunities for joint action, that is, collective action that is causally coordinated by, say, an agreement ... More


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


 Getting Together

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/9780195300574.003.0016
Subject:
Economics and Finance, Microeconomics

This chapter introduces cooperative game theory by examining the axiomatic theory of two-person bargaining problems. The link between cooperative and noncooperative game theory is first explained in ... More


A Game-Theoretic Perspective on Coalition Formation

Debraj Ray

Published in print:
2007
Published Online:
January 2008
ISBN:
9780199207954
eISBN:
9780191709104
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199207954.001.0001
Subject:
Economics and Finance, Financial Economics

The formation of coalitions to achieve both collaborative and competitive goals is a phenomenon we see all around us. The list of examples of this phenomenon is long and varied: production cartels, ... More


Evolution, Games, and Economic Behaviour

Fernando Vega-Redondo (ed.)

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198774723
eISBN:
9780191596971
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198774729.001.0001
Subject:
Economics and Finance, Microeconomics

The book covers the modern developments in Evolutionary Game Theory, with an emphasis on economic contexts and applications. It begins with the basic ideas as they originated within the field of ... More


The Successes of Game Theory

David M. Kreps

in Game Theory and Economic Modelling

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283812
eISBN:
9780191596568
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283814.003.0004
Subject:
Economics and Finance, Microeconomics

Illustrates some of the successes of non‐cooperative game theory in economics. Specifically, it discusses how non‐cooperative game theory has helped economists to understand dynamic competition, ... More


Ideal to Real

Paul Weirich

in Realistic Decision Theory: Rules for Nonideal Agents in Nonideal Circumstances

Published in print:
2004
Published Online:
November 2004
ISBN:
9780195171259
eISBN:
9780199834976
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019517125X.003.0010
Subject:
Philosophy, Logic/Philosophy of Mathematics

This chapter combines adjustments for removal of idealizations. It recommends maximizing self-conditional utility among self-supporting options, using a quantization of conscious beliefs and desires, ... More


Era II—The Age of the Market 1

Jan G. Laitos

in The Right of Nonuse

Published in print:
2012
Published Online:
September 2012
ISBN:
9780195386066
eISBN:
9780199949656
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195386066.003.0004
Subject:
Law, Environmental and Energy Law

This chapter discusses the second era of resource use and nonuse—the Age of Market. As resource users consumed vast quantities of raw materials, they found that they increasingly had to compete among ... More


Dreams of a Final Theory

Paul Erickson

in The World the Game theorists Made

Published in print:
2015
Published Online:
May 2016
ISBN:
9780226097039
eISBN:
9780226097206
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226097206.003.0007
Subject:
History, History of Science, Technology, and Medicine

The appearances of game theory in evolutionary biology in the 1970s foreshadowed the theory’s widespread adoption in the social sciences in the 1980s. During this latter period, the analysis of ... More


Halting Degradation of Natural Resources: Is There a Role for Rural Communities?

Jean-Marie Baland and Jean-Philippe Platteau

Published in print:
2000
Published Online:
January 2005
ISBN:
9780198290612
eISBN:
9780191601613
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198290616.001.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

This book focuses on the efficient and equitable management of local or village-level natural resources. It is divided into two parts. Part 1 provides an in-depth analysis on the optimal use of ... More


The Core

Martine Quinzii

in Increasing Returns and Efficiency

Published in print:
1993
Published Online:
October 2011
ISBN:
9780195065534
eISBN:
9780199855063
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195065534.003.0006
Subject:
Economics and Finance, Financial Economics

This chapter examines resource allocation in an economy with increasing returns based on the concept of the core. Application of the core to the study of resource allocation with increasing returns ... More


Blocking

Debraj Ray

in A Game-Theoretic Perspective on Coalition Formation

Published in print:
2007
Published Online:
January 2008
ISBN:
9780199207954
eISBN:
9780191709104
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199207954.003.0011
Subject:
Economics and Finance, Financial Economics

This chapter begins a second approach to coalition formation, one firmly grounded in coalitions as fundamental behavioral units. A central notion is that of blocking and the attendant concepts that ... More


Irreversible Commitments

Debraj Ray

in A Game-Theoretic Perspective on Coalition Formation

Published in print:
2007
Published Online:
January 2008
ISBN:
9780199207954
eISBN:
9780191709104
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199207954.003.0012
Subject:
Economics and Finance, Financial Economics

This chapter develops a theory of coalition formation under the blocking approach when all agreements are irreversible. The concept of equilibrium binding agreements is introduced: these are ... More


Agent-Based Models of Social Networks

Akira Namatame and Shu-Heng Chen

in Agent-Based Modeling and Network Dynamics

Published in print:
2016
Published Online:
March 2016
ISBN:
9780198708285
eISBN:
9780191779404
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198708285.003.0004
Subject:
Physics, Theoretical, Computational, and Statistical Physics

Chapter 4 addresses how network topologies are determined by introducing agent-based models of social networks as network-formation algorithms. It begins with a review of cooperative and ... More


Cooperation, Stability, and Self-enforcement in International Environmental Agreements: A Conceptual Discussion

Parkash Chander and Henry Tulkens

in The Design of Climate Policy

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262073028
eISBN:
9780262274500
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262073028.003.0008
Subject:
Environmental Science, Climate

This chapter reviews various notions of stability and related concepts used in a game theory that provide guidance on international environmental agreements (IEAs). It distinguishes between the ... More


Competition in the Classroom

Marilyn Watson

in Learning to Trust: Attachment Theory and Classroom Management

Published in print:
2018
Published Online:
August 2018
ISBN:
9780190867263
eISBN:
9780190867294
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190867263.003.0010
Subject:
Psychology, Developmental Psychology

Most of Laura’s students loved competitive games, but throughout their first year together, the games almost always ended up in hurt feelings, tears, or even physical fights, unless they were closely ... More


The RICE Model

Zili Yang

in Strategic Bargaining and Cooperation in Greenhouse Gas Mitigations: An Integrated Assessment Modeling Approach

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262240543
eISBN:
9780262286510
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262240543.003.0003
Subject:
Economics and Finance, Econometrics

This chapter describes the RICE (Regional Integrated model of Climate and the Economy) model. It implements the cooperative game and its solution concepts in Chapter 2 into the RICE framework. It ... More


Why Cooperation is Better: The Gains to Cooperative Management of the Argentine Shortfin Squid Fishery in South America

Sebastián Villasante, U. Rashid Sumaila, and Manel Antelo

in Environment and Development Economics: Essays in Honour of Sir Partha Dasgupta

Published in print:
2014
Published Online:
May 2014
ISBN:
9780199677856
eISBN:
9780191757266
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199677856.003.0013
Subject:
Economics and Finance, Development, Growth, and Environmental

The Argentine shortfin squid (Illex argentinus) is exploited by various foreign fleets operating within Argentina’s exclusive economic zone, the adjacent area beyond the 200-mile limit, and in the ... More


The Varieties of Incentive Experience

Robert W. Kolb

in The Global Financial Crisis and Its Aftermath: Hidden Factors in the Meltdown

Published in print:
2016
Published Online:
January 2017
ISBN:
9780199386222
eISBN:
9780199386253
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199386222.003.0008
Subject:
Economics and Finance, Financial Economics

This study uses the 2007–2012 financial crisis as a laboratory for examining a variety of incentives and distinguishes five key types. First, there are natural incentives. Second, “strictly speaking” ... More


From Pax Narcótica to Guerra Pública: Explaining Civilian Violence in Mexico’s Illicit Drug Wars

Neil T. N. Ferguson, Maren M. Michaelsen, and Topher L. McDougal

in Economic Aspects of Genocides, Other Mass Atrocities, and Their Preventions

Published in print:
2016
Published Online:
August 2016
ISBN:
9780199378296
eISBN:
9780199378319
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199378296.003.0020
Subject:
Economics and Finance, International

The end of the so-called pax narcótica and the escalation of violence in Mexico’s drug war since 2007 has had devastating consequences for the civilian population. This chapter begins with a short ... More


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