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Games And Dynamic Games
World Scientific-Now Publishers Series in Business 1
Dynamic games arise between players (individuals, firms, countries, animals, etc.) when the strategic interactions among them recur over time and decisions made during one period affect both current and future payoffs. Dynamic games provide conceptually rich paradigms and tools to deal with these situations.This volume provides a uniform approach to game theory and illustrates it with present-day applications to economics and management, including environmental, with the emphasis on dynamic games.At the end of each chapter a case study called game engineering (GE) is provided, to help readers understand how problems of high social priority, such as environmental negotiations, exploitation of common resources, can be modeled as games and how solutions can be engineered.
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What Reviewers Are Saying
it is very timely that three leading researchers in Dynamic Game Theory have produced this new, self-contained and yet comprehensive. The book is ambitious in its scope but realistic in its treatment and exposition. Overall, this is an excellent contribution to the broader Game Theory literature. -- Jerzy Filar "Flinders University, South Australia" The book is highly recommended to students in multiple branches of engineering, economics, operations research and management science, as well as to policy makers who want to avail themselves of the powerful tools of game theory when confronted with complex decision making. -- Tamer Basar "University of Illinois at Urbana-Champain" This book describes the huge and amazing range of applications of game theory in economics, management science, engineering and operations research. To reach this aim Alain Haurie, Jacek Krawczyk and Georges Zaccour introduce in a self-contained way the main concepts and tools of strategic games. -- Sylvain Sorin "Universite Pierre et Marie Curie, Paris" This graduate-level textbook on dynamic games is written by masterly hands. It is a very comprehensive and user-friendly volume. The Game-Engineering approach is a novel feature which will be extremely helpful to doctoral students as well as researchers in management science, economics, and related social sciences. -- Ngo van Long "McGill University, Montreal"