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Web and Internet Economics

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ISBN: 9783319719245 9783319719238 Year: DOI: 10.1007/978-3-319-71924-5 Language: English
Publisher: Springer Grant: H2020 European Research Council - 691672
Subject: Computer Science
Added to DOAB on : 2018-06-22 11:01:18

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This book constitutes the thoroughly refereed proceedings of the 13th International Conference on Web and Internet Economics, WINE 2017,&#xD;&#xD;held in Bangalore, India, in December 2017.&#xD;The 28 full and 6 short papers presented were carefully reviewed and selected&#xD;&#xD;from 89 submissions. The papers reflect the work of researchers in theoretical &#xD;computer science, artificial intelligence, and microeconomics who have joined&#xD;&#xD;forces to tackle problems at the intersection of computation, game theory and&#xD;&#xD;economics.

Game Theory and Institutional Economics

ISBN: 9783038422327 9783038420149 Year: Pages: 124 Language: English
Publisher: MDPI - Multidisciplinary Digital Publishing Institute
Added to DOAB on : 2016-07-14 07:52:01
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Epistemic Game Theory and Logic

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ISBN: 9783038424222 9783038424239 Year: Pages: X, 178 DOI: 10.3390/books978-3-03842-423-9 Language: English
Publisher: MDPI - Multidisciplinary Digital Publishing Institute
Subject: Economics --- Business and Management
Added to DOAB on : 2017-06-12 11:56:13
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Game theory addresses situations with multiple agents in which the outcome of an agent’s act depends on the acts of the other agents. The agents may be mindless organisms. Epistemic game theory addresses games in which the agents have minds. An agent reasons about the acts of other agents and—if the other agents observe the agent’s act—reasons about the other agents’ responses to the act. The agents use logic to draw conclusions about the prospects of the acts that they can perform. This Special Issue of Games deals with epistemic game theory and the contributions that logic makes to an agent’s practical reasoning about the strategy to adopt in a game. Although behavioral studies are relevant, the emphasis is on rational reasoning. Models of such reasoning may deal with cognitively ideal agents as well as humans. Possible topics include the players’ common knowledge of their game and their rationality; reasoning that supports the players’ in playing their part in a Nash equilibrium of the game; backwards induction, its results, and the conditions that support it; forward induction; learning in sequential games or in repetitions of games; Hintikka models and Kripke models of agents’ information; applications of modal logic’s methods to epistemic logic; interactive epistemology; Bayesian game theory and Bayesian equilibrium; and games with imperfect, incomplete, or asymmetric information.

Is Behavioral Economics Doomed?: The Ordinary versus the Extraordinary

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ISBN: 9781906924935 Year: Pages: 143 DOI: 10.11647/OBP.0021 Language: English
Publisher: Open Book Publishers
Subject: Economics
Added to DOAB on : 2012-11-21 13:39:07
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It is fashionable to criticize economic theory for focusing too much on rationality and ignoring the imperfect and emotional way in which real economic decisions are reached. All of us facing the global economic crisis wonder just how rational economic men and women can be. Behavioral economics — an effort to incorporate psychological ideas into economics — has become all the rage.This book by well-known economist David K. Levine questions the idea that behavioral economics is the answer to economic problems. It explores the successes and failures of contemporary economics both inside and outside the laboratory. It then asks whether popular behavioral theories of psychological biases are solutions to the failures. It not only provides an overview of popular behavioral theories and their history, but also gives the reader the tools for scrutinizing them.Levine’s book is essential reading for students and teachers of economic theory and anyone interested in the psychology of economics.

Coordination in Service Value Networks : A Mechanism Design Approach

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Book Series: Studies on eOrganisation and Market Engineering ISSN: 18628893 ISBN: 9783866447240 Year: Volume: 13 Pages: XIV, 242 p. DOI: 10.5445/KSP/1000023975 Language: ENGLISH
Publisher: KIT Scientific Publishing
Subject: Business and Management
Added to DOAB on : 2016-08-11 12:46:27
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The fundamental paradigm shift from traditional value chains to agile service value networks (SVN) implies new economic and organizational challenges. This work provides an auction-based coordination mechanism that enables the allocation and pricing of service compositions in SVNs. The mechanism is multidimensional incentive compatible and implements an ex-post service level enforcement. Further extensions of the mechanism are evaluated following analytical and numerical research methods.

Is Behavioral Economics Doomed?

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ISBN: 9781906924942 Year: Pages: 143 DOI: 10.11647/OBP.0021 Language: English
Publisher: Open Book Publishers
Added to DOAB on : 2018-04-04 11:01:51
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It is fashionable to criticize economic theory for focusing too much on rationality and ignoring the imperfect and emotional way in which real economic decisions are reached. All of us facing the global economic crisis wonder just how rational economic men and women can be. Behavioral economics—an effort to incorporate psychological ideas into economics—has become all the rage. This book by well-known economist David K. Levine questions the idea that behavioral economics is the answer to economic problems. It explores the successes and failures of contemporary economics both inside and outside the laboratory. It then asks whether popular behavioral theories of psychological biases are solutions to the failures. It not only provides an overview of popular behavioral theories and their history, but also gives the reader the tools for scrutinizing them. Levine’s book is essential reading for students and teachers of economic theory and anyone interested in the psychology of economics.

Bundling telecommunications services : competitive strategies for converging markets

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Book Series: Studies on eOrganisation and Market Engineering ISSN: 18628893 ISBN: 9783866443778 Year: Volume: 10 Pages: XII, 189 p. DOI: 10.5445/KSP/1000011570 Language: GERMAN
Publisher: KIT Scientific Publishing
Subject: Business and Management
Added to DOAB on : 2019-07-30 20:01:58
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With the advent of digital convergence, incumbent telephone and cable companies have begun to offer their services, such as voice telephony, Internet and TV in so-called triple play packages. While carefully recognizing the technological, legal and economic framework of the fixed-line telecommunications industry, this book investigates whether bundling is indeed a profitable pricing strategy for the firms and if it can possibly facilitate the leverage of market power into neighboring markets.

Economic Fables

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ISBN: 9781906924775 Year: Pages: 255 DOI: 10.11647/OBP.0020 Language: English
Publisher: Open Book Publishers
Subject: Economics
Added to DOAB on : 2012-11-21 13:39:07
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I had the good fortune to grow up in a wonderful area of Jerusalem, surrounded by a diverse range of people: Rabbi Meizel, the communist Sala Marcel, my widowed Aunt Hannah, and the intellectual Yaacovson. As far as I'm concerned, the opinion of such people is just as authoritative for making social and economic decisions as the opinion of an expert using a model. Part memoir, part crash-course in economic theory, this deeply engaging book by one of the world's foremost economists looks at economic ideas through a personal lens. Together with an introduction to some of the central concepts in modern economic thought, Ariel Rubinstein offers some powerful and entertaining reflections on his childhood, family and career. In doing so, he challenges many of the central tenets of game theory, and sheds light on the role economics can play in society at large. The book is as thought-provoking for seasoned economists as it is enlightening for newcomers to the field. Sylvia Nasar, author of A Beautiful Mind, describes Economics Fables as a ""wonderfully inviting introduction to game theory, rich in personalities, history and sense of place. Ariel Rubinstein is not only a brilliant theorist with a knack for lucid exposition, but a gifted storyteller. Students will find the ideas surprisingly accessible. Aspiring scholars, wondering whether a life of the mind is worth pursuing, will find his personal journey of intellectual discovery thrilling.""

Innovations in Quantitative Risk Management

Authors: --- ---
Book Series: Springer Proceedings in Mathematics & Statistics ISSN: 21941009 ISBN: 9783319091136 9783319091143 Year: Volume: 99 Pages: 438 DOI: 10.1007/978-3-319-09114-3 Language: English
Publisher: Springer
Subject: Business and Management
Added to DOAB on : 2015-07-15 16:03:26
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Quantitative Finance; Game Theory, Economics, Social and Behav. Sciences; Finance/Investment/Banking; Actuarial Sciences

Economic Fables

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ISBN: 9781906924799 Year: Pages: 255 DOI: 10.11647/OBP.0020 Language: English
Publisher: Open Book Publishers
Subject: Economics
Added to DOAB on : 2018-04-04 11:01:51
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I had the good fortune to grow up in a wonderful area of Jerusalem, surrounded by a diverse range of people: Rabbi Meizel, the communist Sala Marcel, my widowed Aunt Hannah, and the intellectual Yaacovson. As far as I'm concerned, the opinion of such people is just as authoritative for making social and economic decisions as the opinion of an expert using a model. Part memoir, part crash-course in economic theory, this deeply engaging book by one of the world's foremost economists looks at economic ideas through a personal lens. Together with an introduction to some of the central concepts in modern economic thought, Ariel Rubinstein offers some powerful and entertaining reflections on his childhood, family and career. In doing so, he challenges many of the central tenets of game theory, and sheds light on the role economics can play in society at large. The book is as thought-provoking for seasoned economists as it is enlightening for newcomers to the field. Sylvia Nasar, author of A Beautiful Mind, describes Economics Fables as a "wonderfully inviting introduction to game theory, rich in personalities, history and sense of place. Ariel Rubinstein is not only a brilliant theorist with a knack for lucid exposition, but a gifted storyteller. Students will find the ideas surprisingly accessible. Aspiring scholars, wondering whether a life of the mind is worth pursuing, will find his personal journey of intellectual discovery thrilling."

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