Investment under Uncertainty, Coalition Spillovers and Market Evolution in a Game Theoretic Perspective

Investment under Uncertainty, Coalition Spillovers and Market Evolution in a Game Theoretic Perspective
Author: J.H.H Thijssen
Publisher: Springer Science & Business Media
Total Pages: 255
Release: 2006-04-11
Genre: Business & Economics
ISBN: 1402079443

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Two crucial aspects of economic reality are uncertainty and dynamics. In this book, new models and techniques are developed to analyse economic dynamics in an uncertain environment. In the first part, investment decisions of firms are analysed in a framework where imperfect information regarding the investment's profitability is obtained randomly over time. In the second part, a new class of cooperative games, spillover games, is developed and applied to a particular investment problem under uncertainty: mergers. In the third part, the effect of bounded rationality on market evolution is analysed for oligopolistic competition and incomplete financial markets.

The Consistent Preferences Approach to Deductive Reasoning in Games

The Consistent Preferences Approach to Deductive Reasoning in Games
Author: Geir B. Asheim
Publisher: Springer Science & Business Media
Total Pages: 203
Release: 2010-07-07
Genre: Mathematics
ISBN: 0387262377

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During the last decade I have explored the consequences of what I have chosen to call the 'consistent preferences' approach to deductive reasoning in games. To a great extent this work has been done in coop eration with my co-authors Martin Dufwenberg, Andres Perea, and Ylva Sovik, and it has lead to a series of journal articles. This book presents the results of this research program. Since the present format permits a more extensive motivation for and presentation of the analysis, it is my hope that the content will be of interest to a wider audience than the corresponding journal articles can reach. In addition to active researcher in the field, it is intended for graduate students and others that wish to study epistemic conditions for equilibrium and rationalizability concepts in game theory. Structure of the book This book consists of twelve chapters. The main interactions between the chapters are illustrated in Table 0.1. As Table 0.1 indicates, the chapters can be organized into four dif ferent parts. Chapters 1 and 2 motivate the subsequent analysis by introducing the 'consistent preferences' approach, and by presenting ex amples and concepts that are revisited throughout the book. Chapters 3 and 4 present the decision-theoretic framework and the belief operators that are used in later chapters. Chapters 5, 6, 10, and 11 analyze games in the strategic form, while the remaining chapters-Chapters 7, 8, 9, and 12-are concerned with games in the extensive form.

Next-Generation Internet

Next-Generation Internet
Author: Byrav Ramamurthy
Publisher: Cambridge University Press
Total Pages: 435
Release: 2011-02-03
Genre: Technology & Engineering
ISBN: 1139493787

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With ever-increasing demands on capacity, quality of service, speed, and reliability, current Internet systems are under strain and under review. Combining contributions from experts in the field, this book captures the most recent and innovative designs, architectures, protocols, and mechanisms that will enable researchers to successfully build the next-generation Internet. A broad perspective is provided, with topics including innovations at the physical/transmission layer in wired and wireless media, as well as the support for new switching and routing paradigms at the device and sub-system layer. The proposed alternatives to TCP and UDP at the data transport layer for emerging environments are also covered, as are the novel models and theoretical foundations proposed for understanding network complexity. Finally, new approaches for pricing and network economics are discussed, making this ideal for students, researchers, and practitioners who need to know about designing, constructing, and operating the next-generation Internet.

Quantitative Energy Finance

Quantitative Energy Finance
Author: Fred Espen Benth
Publisher: Springer Science & Business Media
Total Pages: 318
Release: 2013-08-28
Genre: Business & Economics
ISBN: 1461472482

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Finance and energy markets have been an active scientific field for some time, even though the development and applications of sophisticated quantitative methods in these areas are relatively new—and referred to in a broader context as energy finance. Energy finance is often viewed as a branch of mathematical finance, yet this area continues to provide a rich source of issues that are fuelling new and exciting research developments. Based on a special thematic year at the Wolfgang Pauli Institute (WPI) in Vienna, Austria, this edited collection features cutting-edge research from leading scientists in the fields of energy and commodity finance. Topics discussed include modeling and analysis of energy and commodity markets, derivatives hedging and pricing, and optimal investment strategies and modeling of emerging markets, such as power and emissions. The book also confronts the challenges one faces in energy markets from a quantitative point of view, as well as the recent advances in solving these problems using advanced mathematical, statistical and numerical methods. By addressing the emerging area of quantitative energy finance, this volume will serve as a valuable resource for graduate-level students and researchers studying financial mathematics, risk management, or energy finance.

Essays on Cartels

Essays on Cartels
Author: Xiaowei Cai
Publisher:
Total Pages: 116
Release: 2008
Genre:
ISBN:

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Books In Print 2004-2005

Books In Print 2004-2005
Author: Ed Bowker Staff
Publisher: R. R. Bowker
Total Pages: 3274
Release: 2004
Genre: Reference
ISBN: 9780835246422

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