Game Theory in International Economics

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Author: J. McMillan

Publisher: Taylor & Francis

ISBN: 1136454446

Category: Business & Economics

Page: 120

View: 3059

This book gives an early demonstration of applications of game theory to international economics - applications that were to transform this area during the 1990s.

International Economics I.

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Author: MCMILLAN,J. Lesourne,Earl L. Grinols,H. Sonnenschein,Motoshige Itoh,Takashi Negishi

Publisher: Psychology Press

ISBN: 9780415269087

Category: Business & Economics

Page: 103

View: 2160

First published in 2002. Routledge is an imprint of Taylor & Francis, an informa company.

Nationale Besteuerung und wirtschaftliche Integration

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Author: Wolfgang Eggert

Publisher: Mohr Siebeck

ISBN: 9783161477850

Category: Business & Economics

Page: 213

View: 7997

English summary: The past two decades were characterized by a rapid increase in international capital mobility that raised concerns worldwide about the sustainability of capital income taxation. Distortions of economic activities caused by fiscal competition have led to numerous calls for international tax coordination measures to eliminate unfair tax competition. However, there seems to be little readiness for a further reduction in tax autonomy among countries in order to support the collection of revenues in their neighboring countries. Moreover, isolated measures in a subset of countries, such as for example the E.U., generally have little or no effect, since they will be circumvented in the global market. In this work, Wolfgang Eggert addresses the complex issue in which tax competition is economically harmful and a global, second-best welfare optimum is only attainable through tax coordination measures. German description: Wie wirkt sich die zunehmende internationale Mobilitat von Kapital, Unternehmen und Konsumenten auf den fiskalischen Handlungsspielraum von Nationalstaaten aus? Lassen sich die in jungster Zeit in vielen OECD Landern durchgefuhrten Steuerreformmassnahmen erklaren? Wolfgang Eggert verwendet die Methodik aus der Theorie zur internationalen Besteuerung, um diese Fragen zu diskutieren. Er zeigt zunachst, unter welchen Voraussetzungen im Steuerwettbewerb zwischen Landern eine aus internationaler Sicht effiziente Ressourcenallokation erreicht wird. Erfolgversprechend sind vor allem Steuersysteme, die den Zugriff auf das weltweite Einkommen von Inlandern erlauben. Ist ein so charakterisiertes Steuersystem nicht implementierbar, dann wird die internationale Wettbewerbsfahigkeit eines Landes beeintrachtigt. Das fuhrt zu der Tendenz, dass Lander durch Steuersenkungen in einen internationalen Wettbewerb um mobile Steuerbasen eintreten und die Gegenfinanzierung durch Steuern auf immobile Produktionsfaktoren erfolgt. Wolfgang Eggert untersucht die jungsten Vorschlage zur Steuerharmonisierung in der EU und kommt zu dem Schluss, dass auch diese nur eingeschrankt wirkungsvoll sind. Er zeigt jedoch auf, dass zumindest bei vollstandiger internationaler Haushaltsmobilitat eine den Landern ubergeordnete Instanz zur Durchsetzung der Transferzahlungen nicht erforderlich ist. Die Analyse schliesst mit einer Diskussion der Interaktionen zwischen Guter- und Kapitalsteuern.

Game Theory for Applied Economists

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Author: Robert Gibbons

Publisher: Princeton University Press

ISBN: 9781400835881

Category: Business & Economics

Page: 288

View: 6619

This book introduces one of the most powerful tools of modern economics to a wide audience: those who will later construct or consume game-theoretic models. Robert Gibbons addresses scholars in applied fields within economics who want a serious and thorough discussion of game theory but who may have found other works overly abstract. Gibbons emphasizes the economic applications of the theory at least as much as the pure theory itself; formal arguments about abstract games play a minor role. The applications illustrate the process of model building--of translating an informal description of a multi-person decision situation into a formal game-theoretic problem to be analyzed. Also, the variety of applications shows that similar issues arise in different areas of economics, and that the same game-theoretic tools can be applied in each setting. In order to emphasize the broad potential scope of the theory, conventional applications from industrial organization have been largely replaced by applications from labor, macro, and other applied fields in economics. The book covers four classes of games, and four corresponding notions of equilibrium: static games of complete information and Nash equilibrium, dynamic games of complete information and subgame-perfect Nash equilibrium, static games of incomplete information and Bayesian Nash equilibrium, and dynamic games of incomplete information and perfect Bayesian equilibrium.

Game Theory and its Applications

In the Social and Biological Sciences

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Author: Andrew M. Colman

Publisher: Psychology Press

ISBN: 1134987498

Category: Business & Economics

Page: 392

View: 9363

Andrew Coleman provides an accessible introduction to the fundamentals of mathematical gaming and other major applications in social psychology, decision theory, economics, politics, evolutionary biology, philosophy, operational research and sociology.

Game Theory

Introduction and Applications

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Author: Graham Romp

Publisher: Oxford University Press on Demand

ISBN: 0198775024

Category: Technology & Engineering

Page: 284

View: 9173

Covering all the essential topics for undergraduate courses, this is the ideal student introduction to game theory. The book sets out the basics of the subject in a non-technical way. All discussion and explanation is clear, well structured, and entirely accessible to students of both economics and business. In addition to describing and explaining the basic theory, Game Theory uses illustrations and examples to show its application to realistic, topical, and interesting problems-ranging from strategic decision-making within companies to international environmental policy-making. The book also features exercises with accompanying solutions to allow the student to check progress throughout the course, and a guide to further reading at the end of each chapter.

Handbook of Game Theory with Economic Applications

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Author: Robert J. Aumann,Sergiu Hart

Publisher: Elsevier

ISBN: 9780444894274

Category: Business & Economics

Page: 785

View: 1985

This is the second of three volumes surveying the state of the art in Game Theory and its applications to many and varied fields, in particular to economics. The chapters in the present volume are contributed by outstanding authorities, and provide comprehensive coverage and precise statements of the main results in each area. The applications include empirical evidence. The following topics are covered: communication and correlated equilibria, coalitional games and coalition structures, utility and subjective probability, common knowledge, bargaining, zero-sum games, differential games, and applications of game theory to signalling, moral hazard, search, evolutionary biology, international relations, voting procedures, social choice, public economics, politics, and cost allocation. This handbook will be of interest to scholars in economics, political science, psychology, mathematics and biology. For more information on the Handbooks in Economics series, please see our home page on http: //www.elsevier.nl/locate/hes

Game Theory and Applications II

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Author: Leon A. Petrosjan,V. V. Mazalov

Publisher: Nova Publishers

ISBN: 9781560723905

Category: Mathematics

Page: 219

View: 5034

Game Theory & Applications Volume II

Game Theory

Interactive Strategies in Economics and Management

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Author: Aviad Heifetz,Judith Yalon-Fortus

Publisher: Cambridge University Press

ISBN: 0521176042

Category: Business & Economics

Page: 448

View: 2534

"Social interaction is essential to human life. How do people choose what to do when they encounter one another? And how do organizations, firms or countries interact? Game Theory is a modeling tool designed to represent and analyze such strategic interaction. The first part of this book is devoted to introducing the basic building blocks of game theory. The parties to the interaction are called players, the courses of actions available to them are their strategies, and the payoffs of each player from the various profiles of strategies (of all players) represent the way each player ranks the possible outcomes of the interaction from her own individual point of view"--

Cooperative Stochastic Differential Games

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Author: David W.K. Yeung,Leon A. Petrosjan

Publisher: Springer Science & Business Media

ISBN: 038727622X

Category: Business & Economics

Page: 242

View: 3312

Numerical Optimization presents a comprehensive and up-to-date description of the most effective methods in continuous optimization. It responds to the growing interest in optimization in engineering, science, and business by focusing on the methods that are best suited to practical problems. For this new edition the book has been thoroughly updated throughout. There are new chapters on nonlinear interior methods and derivative-free methods for optimization, both of which are used widely in practice and the focus of much current research. Because of the emphasis on practical methods, as well as the extensive illustrations and exercises, the book is accessible to a wide audience. It can be used as a graduate text in engineering, operations research, mathematics, computer science, and business. It also serves as a handbook for researchers and practitioners in the field. The authors have strived to produce a text that is pleasant to read, informative, and rigorous - one that reveals both the beautiful nature of the discipline and its practical side.

Calculus and Techniques of Optimization with Microeconomic Applications

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Author: John Hoag

Publisher: World Scientific

ISBN: 9812774939

Category: Mathematics

Page: 368

View: 1406

This textbook is designed as a guide for students of mathematical economics, with the aim of providing them with a firm foundation for further studies in economics. A substantial portion of the mathematical tools required for the study of microeconomics at the graduate level is covered, in addition to the standard elements of microeconomics and various applications. Theorems and definitions are clearly explained with numerous exercises to complement the text and to help the student better understand and master the principles of mathematical economics.

Game Theory and International Relations

Preferences, Information and Empirical Evidence

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Author: Pierre Allan,Christian Schmidt

Publisher: Edward Elgar Pub

ISBN: N.A

Category: Political Science

Page: 213

View: 5331

What is the origin of game preferences and payoffs, how are they aggregated and what are the implications of interdependent preferences? What is the importance of information for building game models? How can game models be used to analyse empirical cases? At the cutting edge of current modelling in international relations using non-cooperative game theory, this collection of original contributions from political scientists and economists explores some of the fundamental assumptions of game theory modelling. It includes a theory of game payoff formation, a theory of preference aggregation, thorough discussions of the effects of interdependence between preferences upon various game structures, in-depth analyses of the impact of incomplete information upon dynamic games of negotiation, and a study using differential games. Numerous illustrations, case studies and comparative case studies show the relevance of the theoretical debate. The chapters are organised to allow readers with a limited knowledge of game theory to develop their understanding of the fundamental issues. Containing theoretical discussion of the basic game theory assumptions – as well as means of going beyond them – Game Theory and International Relations will be welcomed by all those interested in the empirical application of game theory models in international relations.