Game Theory Bargaining And Auction Strategies
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Game Theory Bargaining and Auction Strategies
This text bridges the gulf between theoretical economic principles of negotiation and auction theory and their multifaceted applications in actual practice. It is intended to be a supplement to the already existing literature, as a comprehensive collection of reports detailing experiences and results of very different negotiations and auctions.
Game Theory Bargaining and Auction Strategies
This text bridges the gulf between theoretical economic principles of negotiation and auction theory and their multifaceted applications in actual practice. It is intended to be a supplement to the already existing literature, as a comprehensive collection of reports detailing experiences and results of very different negotiations and auctions.
Strategic Applications of Game Theory
Author: Parthiban Srinivasan
language: en
Publisher: Educohack Press
Release Date: 2025-02-20
"Strategic Applications of Game Theory" is an indispensable resource that delves into the intricacies of game theory, offering a thorough exploration of fundamental concepts, practical applications, and recent developments. Whether you're a student, researcher, or practitioner, this book serves as your definitive guide to understanding the principles and real-world implications of game theory across various disciplines. We begin by laying a solid foundation in game theory basics, including definitions, origins, and the evolution of key concepts. Readers are introduced to strategic interactions, decision-making processes, and the mathematical frameworks underpinning game-theoretic analyses. As the journey progresses, we delve into advanced topics such as cooperative and non-cooperative games, equilibrium concepts, and mechanism design, providing a deep understanding of strategic reasoning and solution concepts. Covering a wide range of topics, from classical game theory to cutting-edge research in behavioral game theory and machine learning, we present complex theories in a clear and accessible manner. Real-world examples illustrate game theory applications in economics, political science, biology, computer science, and other fields. Engaging exercises encourage readers to apply their understanding and develop analytical skills. Drawing on insights from economics, mathematics, psychology, and computer science, this interdisciplinary approach offers a holistic perspective on strategic behavior.