Subgame Consistent Economic Optimization

Language: English

Published by Birkhäuser, Birkhäuser Dez 2011, 2011

0817682619 / 9780817682613

Series: Book 1 of 12 - Static & Dynamic Game Theory: Foundations & Applications

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This item is printed on demand - Print on Demand Titel. Neuware -Various imperfections in existing market systems prevent the free market from serving as a truly efficient allocation mechanism, but optimization of economic activities provides an effective remedial measure. Cooperative optimization claims that socially optimal and individually rational solutions to decision problems involving strategic action over time exist. To ensure that cooperation will last throughout the agreement period, however, the stringent condition of subgame consistency is required.This textbook presents a study of subgame consistent economic optimization, developing game-theoretic optimization techniques to establish the foundation for an effective policy menu to tackle the suboptimal behavior that the conventional market mechanism fails to resolve.Springer Nature c/o IBS, Benzstrasse 21, 48619 Heek 412 pp. Englisch.

Seller Inventory # 9780817682613

Title
Subgame Consistent Economic Optimization
Author
David W. K. Yeung
Publisher
Birkhäuser, Birkhäuser Dez 2011
Publication year
2011
Condition
Neu
Binding
Buch
Language
English
ISBN 10
0817682619
ISBN 13
9780817682613
Item weight
781 grams
Dimensions
241x160x26 mm
Series
Book 1 of 12: Static & Dynamic Game Theory: Foundations & Applications

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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