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Theory of Conjectural Variations.
We have witnessed in recent years a revival of Conjectural Variations in Game Theory. This reincarnation of an old idea, using a dynamic point of view, aims at combining the adequacy with facts to the requirements of a firmly grounded theory. This book presents, for the first time, a comprehensive a...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Singapore :
World Scientific Publishing Company,
2004.
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| Colección: | Series on Mathematical Economics & Game Theory.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Contents
- Preface
- 1. Static Conjectural Variations Equilibria: Initial Concepts
- 1.1 Introduction
- 1.2 Origin of the conjectural variations concept
- 1.3 Definitions and characterisation of Conjectural Variations Equilibria
- 1.3.1 Notation and assumptions
- 1.3.2 Nash equilibrium Pareto optimality 1.3.3 Conjectures reactions and consistency
- 1.3.4 Conjectural Variations Equilibria with general conjectures (GCVE)
- 1.3.5 Conjectural Variations Equilibria (CVE)
- 1.3.6 Consistent General Conjectural Variations Equilibria (CGCVE)
- 1.3.7 Consistent Conjectural Variations Equilibria (CCVE) 1.3.8 Equilibria with punctual consistency
- 1.3.9 Conjectures in many-player games
- 1.4 Examples and illustrations
- 1.4.1 Cournot's duopoly
- 1.4.2 Bertrand's duopoly
- 1.4.3 Voluntary contributions to a public good 1.5 An attempt at generalisation
- 1.6 Conclusion
- 2. Conjectures as Reduced Forms for Dynamic Interactions
- 2.1 Introduction
- 2.2 Private provision of a public good
- 2.2.1 One-shot simultaneous contributions
- 2.2.2 Repeated contributions 2.2.3 Private investment in a stock of public good
- 2.3 Oligopoly
- 2.3.1 Static Cournot oligopoly with constant conjectures
- 2.3.2 A repeated linear oligopoly
- 2.3.3 Dynamic duopoly with adjustment costs