Game theory and economic applications

This book deals with various strands of decision and game theory, and their applications to a variety of economic problems. It brings together the contributions of a wide spectrum of disciplines ranging from statistics and mathematics to mathematical economics, industrial organization, and operations research. The papers included represent original contributions or state-of-the-art surveys by internationally renowned scholars in their respective areas and have been refereed according to the standards of high-quality journals. The first four sections comprise Decision Theory, Stochastic Games, Cooperative and Noncooperative Games, and will appeal to game theorists, statisticians, and operations researchers. The fifth section includes applications to economic problems such as bilateral bargaining, learning behavior in oligopolies, financial markets with asymmetric information, information trading, technology transfer, multisectoral growth, and collective choice. These will appeal to economists in developed and developing countries alike, as well as to specialists in business disciplines.